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LOANS & CREDITS

China: Fujian Highway Sector Investment Project

October 12, 2006



IBRD LOAN: US$320 million

TERMS: Grace period = 5 years; Maturity = 20 years

PROJECT DESCRIPTION: The main objective of this loan is to assist China in increasing the effective use of the road infrastructure in Fujian Province to support its social and economic development by enhancing its rural roads network; reducing transport costs; and facilitating the interconnection across China’s coastal provinces. 


Media Contacts
In Washington DC
Mohamad Al-Arief
Tel : (202) 458-5964
malarief@worldbank.org

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