China. Government through Ministry of Finance

Date of agreement:26 Oct 2010
Country:China
Customer:Government through Ministry of Finance
Amount in USD:USD 150 million
Amount in EUR:EUR 107.8 million
Maturity:13 years
NACE sector / loan type:Loan programme

Project

NIB’s General Loan Programme XIII will finance projects complying with NIB’s mandate within various sectors. The financing will be allocated to modernisation projects that can benefit from Nordic/Baltic state-of-the-art technologies and equipment sought by Chinese counterparties, including hospitals, food and other manufacturers, education institutions, broadcasting companies, fire fighting, central heating and environmental projects.

Sustainability summary

NIB actively promotes investments in Nordic/Baltic technology that directly or indirectly improves the environment. Each allocation under the loan programme will be reviewed for compliance with NIB’s environmental policy and guidelines and assessed on its own merits. Within many sectors, where NIB is active, Nordic/Baltic technology represents state-of-the-art environmental performance.