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CIB IV

Sector: Manufacturing (Industrial) • Location: China

Source: World Bank Group

Project
Closed

The Fourth Industrial Credit Project aims to assist in (a) upgrading productivity and efficiency of small- and medium-scale industries by importing modern technology and (b) further institutional strengthening of the China Investment Bank (CIB). The latter objective is essential to CIB so that it can effectively perform as a model development finance institution and a catalyst in the ongoing refor

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Project Information

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The project “CIB IV” is an infrastructure initiative in the Manufacturing (Industrial) sector, located in China. Taiyo aggregates data on it from World Bank Group.

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Participants

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closed

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Description

Description

The Fourth Industrial Credit Project aims to assist in (a) upgrading productivity and efficiency of small- and medium-scale industries by importing modern technology and (b) further institutional strengthening of the China Investment Bank (CIB). The latter objective is essential to CIB so that it can effectively perform as a model development finance institution and a catalyst in the ongoing reform of the investment design and selection system in China. The project further intends to enhance the capability of CIB to mobilize foreign currency resources from international capital markets to provide financing for the industrial sector. This is due to the fact that about 175 state and collective enterprises largely in the light industry sector will receive subloans for modernization and expansion.

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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