Brix Approves Two $ 600 Million Loans for Projects in South Africa and China

The new development bank, created by the BRIX group of emerging economies, approved a $ 300 million loan for energy projects in South Africa and another loan of the same value for a transportation project in China. This week in Johannesburg, to diversify the energy mix to reduce its reliance on coal-fired power plants

In recent years, some renewable energy offerings have been made. The Brix Group Development Bank Bank said in a statement that his loan of 300 million dollars to South Africa Presented by the Development Bank

He added that his loan of 300 million dollars to China would be used to finance a new line of subway in the city of Liuyang and that the bank's loan portfolio would rise to more than $ 5.7 billion. [BRIX] includes Brazil, Russia, India, China and South Africa, and Russia said this month that she was in talks with the new bank to borrow more than $ 1 billion for infrastructure projects. Approves two $ 600 million loans for projects in South Africa and China if (d.getElementById (id)) {return;} js = d.createElement ("script"); js.id = id; js.async = true; js.src = "http://connect.facebook.net/ar_AR/all.js#appId=&xfbml=1";d.getElementsByTagName('head')[0].appendChild (js); } (document)); [ad_2]
Source link