LOANS & CREDITS

China: GuiGuang Railway Project

Media Contacts
In Washington DC

Mohamad Al-Arief
tel : (202) 458-5964

Washington DC, April 16, 2009—The World Bank's Board of Executive Directors today approved the following project.

IBRD Loan: US$300.0 million

Terms:  Maturity = 25 years; Grace period = 5 years

Project Description:  The project will provide additional transport capacity and reduce transport time between the less developed western region in southwest China and the relatively more developed Pearl River Delta region.

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