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Japanese Bank funds two projects in Pakistan
Saudi Press Agency Published in Saudi Press Agency on 08 - 01 - 2007

The Japan Bank for International Cooperation (JBIC) is funding two projects in Pakistan, says an official statement.
These projects include construction of Indus Highway (Phase III) and Dadu-Khuzdar Transmission System.
To execute these projects, the JBIC has signed a loan agreement with the government amounting to $207 million (19.455 billion Yen). These concessional loans have a repayment period of 30-year including 10-year grace period.

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