Saturday, February 2, 2013

ADB to finance water sector





The Asian Development Bank plans to give US$500 million in loans to develop China's water sector, according to Hisaka Kimura, ADB's East Asia head of private sector infrastructure finance.


The sum includes a US$100 million syndicated loan to China Waters Affairs, a Hong Kong-listed water treatment firm. Besides ADB, 18 banks are involved in the loan, including Hang Seng Bank, Bank of East Asia and Royal Bank of Scotland.









via Business feed http://www.scmp.com/business/banking-finance/article/1141478/adb-finance-water-sector

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