ecns [expanded by feedex.net]: 100-million-RMB loan granted to Sansha for basic infrastructure

ecns [expanded by feedex.net]

ecns

100-million-RMB loan granted to Sansha for basic infrastructure
http://www.ecns.cn/business/2016/11-22/234934.shtml
Nov 22nd 2016, 15:28



The city of Sansha in China's Hainan province ¨C which is tasked with administration over Xisha, Zhongsha and Nansha Islands in the South China Sea ¨C has officially been given a loan for 100 million RMB for basic infrastructure improvements in the city.
The loan, the first of its kind granted to Sansha, was signed on Nov. 21 by the city government and China Development Bank. The loan term is three years, Thepaper.cn reported.
According to Ah Dong, Sansha's deputy city Party chief, the signing of the contract marks great progress for the city, which hopes to develop its investment and financing platform. The loan also lays the foundation for future financing cooperation on a larger scale.
The signing ceremony was held on Yongxing Island in the Xisha Islands, where the city government is headquartered.
Established in July 2012, Sansha is the youngest and southernmost city in China.
Regional infrastructure has significantly improved since the city's establishment, including transportation, medical and communication facilities. Two airfields on the island and Yongshu Reef will improve air transportation over the South China Sea, and will also facilitate improved weather assessments, aeronautics research, communication, navigation and surveillance. The city now provides waste water treatment facilities and marine environmental monitoring stations, according to the Global Times.
¡¡¡¡


China's Sansha to build sea turtle refugeInfrastructure construction continues in SanshaSansha seeks to become major tourist attraction2016-05-27




Karate: art of the physique and mindContact lenses aggravate eye disease in smog: doctorStrong winds hit China as temperatures continue to dropWinter's livestock migration in XinjiangChina, Peru agree to promote better, faster growth of ties


China's Foreign Ministry denies Korean drama ban Hebei capital stops drug production to curb pollution 7.4-magnitude quake jolts northeastern Japan, tsunami warning downgraded Free use of public library system for foreign residents in SW China China's Fan Changlong promotes military ties with Tanzania





You are receiving this email because you subscribed to this feed at https://blogtrottr.com

If you no longer wish to receive these emails, you can unsubscribe here:
https://blogtrottr.com/unsubscribe/qhG/Zc7fXt