China: OPEC signs aged care loan

OPEC Fund director-general Abdulhamid Alkhalifa and deputy director-general of China’s ministry of finance Han Bin.

The OPEC Fund for International Development has signed a US$50m loan agreement with China to support the government’s efforts to provide comprehensive elderly healthcare services in the Guangxi Zhuang Autonomous Region (GZAR). The project will finance the Hezhou Healthcare Project, which will be co-financed by the Chinese government. The project will involve the construction of…

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