HK-Zhuhai-Macau bridge investment will exceed 70 billion

Source: Internet
Author: User
Keywords Loan BOC syndicate organized
Tags agency bank of china cross etc financial financial institutions formation information
Xinhua News agency, the world's longest cross-Sea bridge-Hong Kong-Zhuhai-Macao Bridge was formally opened 15th morning.  Reporter 15th from the Bank of China learned that BOC Hong Kong-Zhuhai-Macao Bridge syndicated project test results show that the mainland and Hong Kong and Macao Financial Institutions on the project syndicated response enthusiastically, cumulative intention to participate in the total amount of RMB equivalent to about 53.5 billion yuan, to reach the total syndicated amount of 2.82 times times.  BoC said that it had reached agreement with the Hong Kong-Zhuhai-Macau Bridge office on the formation of the relevant text of the loan-leading bank entrustment agreement and Information Memorandum, and that it was making further adjustments to the syndicated loan terms with the bridge, and that the conditions for the formal initiation of the syndicate could be established in the near future  In addition to organizing the project consortium, BOC will provide high value-added products and services such as capital account governance, capital Management, construction fund management, and advance the development of the three-way bridge toll collection and cash management system, providing a full range of financial products and services for the preparation and construction of the bridge.  On March 20 this year, BOC was selected to take the lead in the main bridge project of the Hong Kong-Zhuhai-Macau Bridge, which is responsible for financing the project loans and standby revolving loans for the main bridges and providing the overall financial services for project preparation, construction and operation. The world's longest cross-Sea bridge-Hong Kong-Zhuhai-Macao Bridge was formally opened 15th. The bridge project, which includes three main elements of the Sea Bridge and tunnel project, the Port of Zhuhai, Macao and the three land links in Hong Kong, Zhuhai and Macao, is expected to invest $72.94 billion.  Among them, the port and the connecting line part from the Hong Kong and Macao three land government investment construction, the total investment is about 38.22 billion yuan, the main bridge part total investment 34.72 billion yuan, the center and the three government capital contribution part is about 15.73 billion yuan, the remaining approximately 19 billion yuan is solved by the bank loan. 6 years later, in the boundless waters of the Pearl River estuary, investment, technical difficulties, such as the most of the world and Bridge and Tunnel Road Island both the Hong Kong-Zhuhai-Macao Bridge will become a construction of the landscape: two investment more than 8 billion yuan tunnel artificial island, such as Mirage, 50 km across the sea bridge, such as Rainbow puts, million tons of ships under the bridge Cheong. The Hong Kong-Zhuhai-Macau bridge will make it a new era to co-operate with the mainland.
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