1. LINE

      Text:AAAPrint
      Economy

      ADB package set to boost green growth

      1
      2017-03-01 10:34China Daily Editor: Li Yan ECNS App Download

      Loan syndication agreement to help develop waste-to-energy projects with local gov'ts

      The Asian Development Bank signed its first onshore local currency complementary loan syndication agreement worth $100 million on Tuesday to support Dynagreen Environmental Protection Group Co Ltd in clean municipal waste-to-energy projects with advanced technologies in small and medium-sized cities in China.

      The loan syndication was arranged by the Bank of Tokyo-Mitsubishi UFJ Ltd and oversubscribed with the participation of 10 commercial banks including BNP Paribas SA and Cathay United Bank Co Ltd.

      The financing package will help develop waste-to-energy projects based on public-private partnership with small local governments, reducing greenhouse gas emissions as well as soil and groundwater contamination.

      Diwakar Gupta, ADB's vice-president for private sector and cofinancing operations, said: "Accumulation of large quantities of waste in unengineered landfills contaminated the soil and ground water and emitted harmful greenhouse gases. Catalyzing green technology for this important sector is yet a challenge but also a major opportunity for investors and financiers alike."

      Dynagreen, the environmental infrastructure arm of Beijing State-owned Assets Management Company, will develop and operate waste-to-energy facilities under public-private partnership arrangements.

      The project includes the construction of at least nine waste-to-energy plants generating roughly 610 gigawatt-hours of electricity a year by 2018 using clean technologies, which can burn low calorific value waste without coal as supplemental fuel and significantly eliminate methane emissions from municipal waste.

      Hisaka Kimura, head of ADB's private sector infrastructure finance in East Asia Unit, said: "Dynagreen's project that we signed today is to support waste-to-energy projects in small and medium-sized cities, which are rather difficult for commercial banks to enter into individually. Our role is to link a series of those projects as a portfolio and then link the portfolio with leading international banks to multiply development impact.

      "We have deep understanding of China's environmental challenge, so we structure the projects with our sector and country expertise that fits in the Chinese government priorities."

        

      Related news

      MorePhoto

      Most popular in 24h

      MoreTop news

      MoreVideo

      News
      Politics
      Business
      Society
      Culture
      Military
      Sci-tech
      Entertainment
      Sports
      Odd
      Features
      Biz
      Economy
      Travel
      Travel News
      Travel Types
      Events
      Food
      Hotel
      Bar & Club
      Architecture
      Gallery
      Photo
      CNS Photo
      Video
      Video
      Learning Chinese
      Learn About China
      Social Chinese
      Business Chinese
      Buzz Words
      Bilingual
      Resources
      ECNS Wire
      Special Coverage
      Infographics
      Voices
      LINE
      Back to top Links | About Us | Jobs | Contact Us | Privacy Policy
      Copyright ©1999-2018 Chinanews.com. All rights reserved.
      Reproduction in whole or in part without permission is prohibited.
      主站蜘蛛池模板: 久久不见久久见免费影院| 国产小视频在线免费| 香蕉视频在线观看亚洲| 亚洲综合一区二区精品导航| 亚洲成AV人影片在线观看| 最近中文字幕无免费视频| 亚洲爆乳精品无码一区二区三区| 亚洲第一页在线观看| www免费黄色网| 亚洲男人的天堂www| 免费一级不卡毛片| 亚洲精品国产精品乱码不卡| 色多多A级毛片免费看| 亚洲人JIZZ日本人| 亚洲免费精彩视频在线观看| 亚洲另类小说图片| 日韩在线免费电影| 亚洲中文字幕无码爆乳app| 免费高清在线爱做视频| 日本精品久久久久久久久免费| 中文字幕亚洲图片| 99久久久国产精品免费牛牛四川| 亚洲一级黄色大片| 永久在线观看www免费视频| 久久精品国产亚洲网站| 在线日本高清免费不卡| 久久久久亚洲精品成人网小说| 麻花传媒剧在线mv免费观看| 亚洲第一街区偷拍街拍| jlzzjlzz亚洲乱熟在线播放| 一区二区三区在线免费看| 亚洲视频无码高清在线| 亚洲毛片网址在线观看中文字幕 | 亚洲一区日韩高清中文字幕亚洲 | 真人无码作爱免费视频| 久久久久免费看黄A片APP| 黄页网址大全免费观看12网站| 日韩免费无砖专区2020狼| 久久久久久国产a免费观看不卡| 亚洲日韩VA无码中文字幕| 99精品视频在线视频免费观看|