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Planet Ark World Environment News - in partnership with Colonial First State China, Japan Sign 46.3 Bln Yen Environmental Loan

Date: 24-Dec-07
Country: CHINA

The loan, signed by China's deputy finance minister and the governor of the Japan Bank for International Cooperation, carries an interest rate of 0.65 percent to 1.4 percent and has a term of 25 to 40 years, the report said.

The loan will fund air pollution reduction and urban waste projects in six cities and provinces in central and western China.
(Reporting by Edmund Klamann; editing by Tony Austin)

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