Far East | Finance, business | Industry, manufacturing

China Bank loans $361.5m to VEB on timber complex in Khabarovsk region

26 Nov '10
State-run Vnesheconombank (VEB) is to take out a $361.5m loan with China Bank for Development to finance construction of a timber complex in Khabarovsk region, news agency RIA Novosti reports.

The loan terms have yet to be disclosed.

The project implies construction of a full-cycle wood-processing complex with projected annual capacity of up to 1.1 million cubic meters of wood.
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Locations: Khabarovsk Krai

Tags: VEB (148) / Vnesheconombank (139) / China (138) / wood (100) / China Bank for Development (0) /

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