1/1/2010

Turkey secures USD 294 million from Japan for water project

 

Reuters - Turkey's Treasury said a loan of JPY 26.826 billion (USD 294 million) was secured from the Japan International Cooperation Agency (JICA) for the financing of an Ankara water supply project. The loan has a fixed annual interest rate of 1.5 percent and 25 years maturity including a seven-year grace period.

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