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Major Rehabilitation of Railway Transportation Equipment of China Railway

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Time:2019-02-02  Source:CDB

This project aims to upgrade the equipment of China Railway and improve the transportation safety and efficiency, and includes the repair in factories, and upgrade and modification of multiple-unit trains, engines, freight trains and railway maintenance equipment. The Bank took the lead in making the first loan commitment of RMB20.0 billion for this project, and was the first bank to disburse loans to the project with a drawdown of RMB13.5 billion.

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