Bank of China to Syndicate Credit for HK-Zhuhai-Macao Bridge
Updated Beijing Time
Source: Newsgd.com
Bank of China (BOC) won the bidding to syndicate credit for the bridge connecting Hong Kong, Macao and the city of Zhuhai in Guangdong province, said BOC's spokesman Wang Zhao Wen yesterday.
The project includes main bridge section, links and ports and Guangdong, Hong Kong and Macau governments will invest 35 billion yuan for the construction of links and ports.
The main bridge, with a length of 29.6 kilometres, will need 37.6 billion yuan of investment and included are 15.73 billion yuan from the central government as well as Guangdong, Hong Kong, and Macau, and 21.87 billion yuan from banks' credit.
Editor: Ronald Li
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