industrial & commercial bank of china

OpenCalais Metadata: Ticker

601398

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INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED

EIB to finance part of Cosco’s master plan for Piraeus port

The European Investment Bank has approved a 100-million-euro loan to Cosco to finance part of the Chinese company's investment in the port of Piraeus.

The funds will be used for the first stage of the 612-million-euro master plan, providing for the expansion of the cruise terminal, a new passenger terminal, a car park and a new logistics area.