China Zhengzhou International Logistics Hub Expansion
Summary
OBJECTIVE To facilitate cross-border trade by enhancing freight service efficiency of the containerized CR Express trains connecting Zhengzhou China to Europe and Central Asia. DESCRIPTION The project provides long-term Sovereign-Backed Financing (SBF) to Zhengzhou International Hub Development and Construction Co., Ltd. (ZIH) for the expansion of its freight facilities, including Multimodal Cold Storage Facilities, Type-B Bonded Logistics Center, Vehicle Imports Facility, and CR Express Logistics Information Platform Upgrade. These facilities are integral value-added components to the CR Express operated by ZIH, connecting China and European/Central Asian countries.
Expected Outcome
Expected Outputs
Project Types
Grant, Loan
Funding
Funding Agency | Amount (USD millions) | Notes |
---|---|---|
Asian Infrastructure Investment Bank | 150 | |
Government of the People’s Republic of China | 109 | |
Total | 259 |
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