SBD$6.4 BILLION LOAN FOR INFRASTRUCTURE PROJECT AT GOLD RIDGE MINE

SBD$6.4 BILLION LOAN FOR INFRASTRUCTURE PROJECT AT GOLD RIDGE MINE

Posted by : Quoting Solomon Times on Line Posted on : 24-Sep-2019

SBD$6.4 Billion Loan for Gold Ridge Mining

Quoting Solomon Times on Line – 24 September 2019.

“The Solomon Islands government and China Railway Group Ltd. has signed a SBD$6.4 Billion dollar deal to build and lease infrastructure projects at the Gold Ridge mines on Guadalcanal.

“The deal was signed on Sept. 12, shortly after the official signing ceremony in Beijing to switch ties, and the contract is set to last until March 2034, according to reports.”

Sources SIBC.

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