Special Loan Program for China-Latin America Infrastructure Project

The Special Loan Program for China-Latin America Infrastructure Project (中拉基础设施专项贷款) is a special credit line established by the Chinese government of US$20 billion for financing of infrastructure projects in Latin America.[1] The program was announced in July 2014 during the inaugural China-LAC Summit with a commitment to implement the "special loans for Chinese-Latin American infrastructure".[2][3]

Special Loan Program for China-Latin America Infrastructure Project
TypeSpecial credit line
IndustryProject Finance
Founded2014

The program is administered by China Development Bank and the capital is contributed from the State Administration of Foreign Exchange.[4]

According to an analysis published on the China and Latin America blog, the program could be a source of financing for the Bolivian segment of the planned Central Bi-Oceanic railway, a project vigorously pursued by Bolivian officials in 2016.[5]

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