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The "credit loan deferred payment" method adopted for the first time

Updated: January 30, 2019

6.首次采取“贷资承包延期付款”.jpg

In 1984, the fourth dam, part of the Iraqi Kaifir Hilfia project, was the first large-scale project contracted by China State Construction (CSCEC) abroad. The "credit loan deferred payment" method was adopted for the first time. The picture shows the signing ceremony.

Photo source:

CSCEC