On 28, Feb, IRNC signed a financing agreement with Zhengjiang branch of EIBC. This agreement involves a ＄320 million financing, the biggest one invested to a foreign country in the history of the bank.

IRNC is projected to be a investment in total of ＄460 million, produces 600,000t CrFe and 700,000 stainless steel. The agreement between IRNC and EIBC can promote cooperation overseas between banks and corporations, proceed the IRNC project, facilitate cooperation between China and Indonesia and implement the  B & R policy of the government.

• [Editor:Licaixia]