China Economic Review
Charting China’s changing economic terrain · Since 1990

ADB approves railway loan

January 12, 2004

The Asian Development Bank approved US$500 million for part of the east-west trunk railway – the biggest loan offered to China.

The ADB-funded section will run for 377km from Hubei province to Chongqing municipality. The line is expected to cost US$2.36 billion and be ready by the end of 2009.

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