TNAG-2527-FCO40-3696-Hong-Kong-China-Relations-Committee-1992 — Page 130

FCO40 Hong Kong Department Records 聯邦事務部香港部檔案 All

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participation of banks from different countries.

significant proportion of the loans were used in financing

infrastructural development in China. The following are

the more significant loans concluded in recent months:

Borrower

A joint-venture between the Foshan Urban Electricity Construction Co. and the Pearl River Delta Region Co. Ltd.

Pearl River Delta Region Co. Ltd.

A joint-venture between the China Natural Gas Corp. and the Xinjiang Uygur Autonomous Region government

South China Civil Aviation Co.

Guangdong

International Trust and Investment Corp. (GITIC).

Shenzhen Airport Terminal Building Co. Ltd.

China International Trust and

Investment Corp.

(CITIC)

Amount involved

A 5-year syndicated loan of US$29.38 million

A syndicated loan of US$28.8 million

A 20-year syndicated loan of HK$170 million

A 10-year syndicated loan of US$40 million

A 3-year syndicated loan of US$25 million

A syndicated loan of US$14 million

A 5-year

syndicated loan of US$22 million

Usage of the loan

For financing the construction of a power plant in Foshan.

For financing the construction of another power in Foshan.

plant

For financing the construction of an ethylene plant in Xinjiang.

For financing the purchase of a Beoing-757 jet.

For financing certain key investment projects in Guangdong.

For financing

improvement to the terminal-related

facilities and

preparation for the second terminal building.

Providing long-term capital to CITIC,

including on-lending

to some of its

investment projects.

GF 323

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