The World Bank finances private companies in a Chinese province
A credit agreement was signed recently between the International Finance Corporation (IFC) World Bank and the Antai Group of Shanxi province (north China).
Under the agreement, IFC will release a line of credit of $ 70 million over 10 years. Products from Antai Group will all be exported after the completion of a proposed IFC financing.
With funding from the IFC, the Antai Group will work to become a world famous company, improving the quality of its products and taking steps to reduce costs and protect the environment.
Antai Group of Shanxi Province, founded in 1983, is a publicly traded company who own 2 billion yuan of assets. It is one of the three heavyweight sectors of coke in Shanxi and a major supplier of coke in the international market.
世界银行资助的中国省份,私营公司
信贷协定,最近签署了国际间的国际金融公司(IFC),世界银行和山西安泰集团(北中国)。
根据协议
,国际金融公司将发行超过10年一对$ 70000000的信用额度。从安泰集团的产品将全部出口后,拟议的国际金融公司融资的完成。
由国际金融公司资金
的安泰集团将努力成为世界著名的汽车公司,提高其产品质量,并采取措施降低成本和保护环境。
山西安泰成立于1983年,集团,是一家上市公司谁拥有资产20亿人民币。它是世界上三大重量级山西焦炭行业在国际市场上焦炭主要供应商。
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