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Article: China: World Bank helps Inner Mongolia facilitate cross-border trade through improved transport infrastructure.
- Article from:
- M2 Presswire
- Article date:
- February 16, 2005
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M2 PRESSWIRE-16 February 2005-WORLD BANK: China: World Bank helps Inner Mongolia facilitate cross-border trade through improved transport infrastructure(C)1994-2005 M2 COMMUNICATIONS LTD
RDATE:02162005
BEIJING - The World Bank's Board of Executive Directors approved on Tuesday a loan of US$100 million to the People's Republic of China to help finance the Inner Mongolia Transport and Trade Corridor Project, which will promote and sustain the development of China's cross-border trade between China on one hand and Russia and Mongolia on the other by improving transport infrastructure and logistics. These improvements, in turn, will lower transport costs, ...