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WND receives largest single transaction in Jiangsu

(wndonline.cn)Updated: 2022-08-16

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A plan map of the Sino-Europe Low-carbon Industrial Park. [Photo/WeChat account: xinwu_wx]

The first group of policy-based development financial instruments (funds) provided by Agricultural Development Bank of China, which was also the largest single transaction in the province, completed credit extension and was put into use in Wuxi National Hi-tech District on Aug 13.

The fund will be used to build the Sino-Europe Low-carbon Industrial Park and Xingang Integrated Circuit Equipment Parts and Materials Industrial Park, with a total capital of 767 million yuan ($113.75 million), the highest in the city. The Sino-Europe Low-carbon Industrial Park received capital support of 669 million yuan, the largest single transaction in the province.

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