Belarus to get $600 mln in loans from China
2012-12-20 18:00:46
The Export-Import Bank of China (Eximbank) will grant Belarus over $600 million in preferential loans towards the implementation of national infrastructural projects, the Belarusian government said on Thursday.
Eximbank will provide Belarus $280.9 million to build a national satellite communications and broadcasting system, and $322 million for the reconstruction of the Minsk-Gomel highway.
The agreements between the Belarusian government and Eximbank in Beijing on December 19.
The loans for the two investment projects will be provided for a 15-year term.