New Development Bank Funds Hunan Ecological Development Project

Editor:张焕勤
Source:湖南省政府门户网站英文版
Updated:2017-09-04 15:28:01

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.”