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ADBC to lend RMB80 bln to Zhuhai in next five yrs

GUANGZHOU
2015-08-20 15:48

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Zhuhai, a port city of south China's Guangdong province, signed a strategic cooperation agreement with Chinese policy lender Agricultural Development Bank of China (ADBC) on Wednesday, under which ADBC Guangdong Branch granted a credit line of 80 billion yuan to Zhuhai city government in the next five years.

The two sides will cooperate in agricultural and rural infrastructure construction such as major water conservancy projects, reclaiming land from the sea, rural land consolidation, underground pipeline construction, reconstruction of shanty areas and ecological environment protection.

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