China Exim Bank and the financial office of Inner Mongolia Autonomous Region signed an agreement on transfer of loans of Japanese government. The deal involves 9.747 billion yen ( RMB700 million yuan). The loan will be used for water treatment project in Hohhot, capital city of Inner Mongolia.
Investment in the water treatment project in Hohhot exceeds 900 million yuan. More than 70 percent is from Japanese government's loans.
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