China Construction International Group Co., Ltd. (hereinafter referred to as China Construction International), a subsidiary of China Shipping Group, which belongs to China Construction, held a signing ceremony of a 4.68 billion yuan syndicated loan for Wuyu Expressway in Shanxi with several banks including Shanxi Branch of China Construction Bank, Shanxi Branch of China Development Bank, Shanxi Branch of China Agricultural Bank and Shenzhen Branch of China Construction Bank.
Expressway Project in Wuyu, Shanxi Province is an important part of the strategic cooperation between China Architecture and the infrastructure project of Shanxi Provincial Government. Wuyu syndicated loan is led by Shanxi Branch of China Construction Bank and Shanxi Branch of China Development Bank, and cooperates with Shanxi Branch of China Agricultural Bank and Shenzhen Branch of China Construction Bank. It is the largest and longest-term bank financing since the establishment of China Construction International.