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15 July 2015

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New Development Bank Funds Hunan Ecological Development Project

2017-09-04 T | T Download Print

The photo above shows Hunan and New Development Bank (NDB) representatives sign the agreement of the ecological development project in the green heart center of the Hunan Chang-Zhu-Tan city cluster. (Photo/Deng Jing) 

The ninth BRICS annual summit was held in Xiamen on September 3, 2017. The ecological development project in the green heart center of the Hunan Chang-Zhu-Tan city cluster was awarded a 2-billion-yuan loan from New Development Bank (NDB).

It is Hunan’s largest-ever project funded by foreign loans, and the only intercity cooperative project among the four NDB-funded Chinese projects. NDB President K. V. Kamath takes the Hunan project as a demonstration, and a model for other countries applying for NDB funds.”

Please refer to www.enghunan.gov.cn when using the article.

Translator: Xiao Juan

Chinese source: hunan.gov.cn