Suzhou Suqian Industrial Park Obtains First Loan of
600 Million RMB from National Development Bank
Suzhou Suqian Industrial Park lately secured a loan of 600 million RMB for infrastructure construction from National Development Bank for a term of ten years. The loan will be used chiefly in the development and construction of roads, bridges, river embankment and dredging, pipelines of water, gas, and electricity, and green grounds.
The loan represents the first occasion of cooperation between the industrial park and National Development Bank, which is of much significance to the acceleration of construction with guaranteed funds.
Aug. 2, 2007