Thursday, April 6, 2017

$2 billion available from China Silk Road. Funds await proposals from government


The Silk Road Chamber for International Commerce (SRCIC) is ready to grant $2 billion in loans with low interest rates to the local market, according to Adnan Kassar, Chairman of the Economic Bodies and the founding father of Lebanese-Chinese relations.

"Tapping these funds is strictly tied with the government's ability to put forth economic projects with benefit to the road," Kassar, who is also the honorary Chairman of the SRCIC, said.

The allocation is part of a $5 billion Silk...

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