RM1.7bil loan from China for second Penang bridge


KUALA LUMPUR: Malaysia is set to secure a loan of more than RM1.7bil (US$500mil) from China for the construction of the much-awaited second Penang bridge – the largest for any single project given to a foreign country by China. 

Sources said that a signing ceremony between the Exim Bank of China and Bank Pembangunan would be held this week on the loan. 

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