CDB provides 2.2 billion loan to support the Tibetan trunk highway construction
Category: News
Author: Pauline Carter
Time :12-28

Recently, the China Development Bank promised to Ganzi 2013 Highway Construction loans 22 billion yuan to support the construction of G317 Eer Ya Tong to Gangtok segments such as 9 main highway, mileage totaling 1,739 km. This is the largest single loan amount of Sichuan Tibetan trunk road in recent years gained, to improve the traffic situation in Ganzi, the promotion of local farm products in circulation is important.

For a long time, Ganzi road construction behind herdsmen travel inconvenience. CDB Sichuan Province, Sichuan Branch of active cooperation with the Department of Transportation, will support the work of the Tibetan highway as an important boost economic and social development in Tibetan areas, the total branch linkage, everything, priority assessment, priority review, the official from the engineering program introduction to the completion of the loan commitment in less than three months time.

It is reported that, as of the end of November 2013, CDB has accumulated and the total amount of the loan contract signed in Ganzi reached 11.65 billion yuan, fully supports multiple areas such as transportation, construction, utilities, cultural tourism, education, health and other key projects in the state, the actual action to boost the overall economic and social development in Tibetan areas of Sichuan.

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