News Asia03 Aug 2017

China:Sinosure provides US$1.5 bln guarantee in Iranian rail project

03 Aug 2017

Sinosure, which is the China Export & Credit Insurance Corporation, is guaranteeing a US$1.5-billion loan to be provided by Iran's Bank of Industry and Mine to finance the electrification of a 926-km railroad from Tehran to the eastern city of Mashhad in Khorasan Razavi Province.

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