NDRC Approved the Fund Application Report for the Railway Project of Tianjin-Beijing-Daxing International Airport Financed by German Promotional Loan

Source: Department of Foreign Capital and Overseas Investment / Updated: 2021-12-29

Recently, the National Development and Reform Commission approved the Fund Application Report for the Railway Project of Tianjin-Beijing-Daxing International Airport financed by German Promotional Loan. The total investment of the project is about 11.65 billion yuan, €69.52 million of which is from a German loan. The loan will be mainly used to purchase railway equipment. The railway project was listed in the Beijing-Tianjin-Hebei Coordinated Development Transportation Integration Plan (2019-2035).