More bank $$ thrown at Shenzhen
(China) - The State Development Bank of China and Shenzhen Government have executed a "Financial Cooperation Agreement" involving the Bank's support in the construction of 25 development projects in the Province to the tune of a 20 billion yuan loan.
Projects reportedly include the first two stages of Shenzhen Underground Engineering's Shenzhen-HK Western Chunnel and the Shenzhen sewage processing factory.
Total investment required by the 25 projects is 85.191 billion yuan, with Shenzen Province investing 66.982 billion yuan during this 10th Five-Year.
Total investment required by the 25 projects is 85.191 billion yuan, with Shenzen Province investing 66.982 billion yuan during this 10th Five-Year.
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