Guangxi Lijiang Ecological Comprehensive Governance Demonstration Project was approved by the Asian Bank Council

Author:Ministry of Finance Time:2022.09.16

On September 7, 2022, the Asian Development Bank (hereinafter referred to as the Asian Bank) Council approved the demonstration project of Ecological Comprehensive Governance of Guangxi Lijiang.The total investment of the project is about 341 million euros, of which the Asian Bank offers about 134 million euros sovereign loans, and local government supporting funds are about 207 million euros.The Asian loan period is 25 years, including 6 years of width limit.The project aims to improve the natural environment and economic conditions of the Lijiang River Basin in Guangxi, and promote the balanced development of rural areas.

(Source: Department of Finance and Finance Cooperation of the Ministry of Finance)

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