Proposed Equity Investment and Loans Municipal Natural Gas Infrastructure Development Project

Date: August 2006
Document Type: Reports and Recommendations of the President
Project Number: 39905-014

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This is the report and recommendation of the President on (i) a proposed equity investment of up to US$25 million equivalent in China Gas Holdings Limited (CGH); (ii) a proposed loan of up to US$50 million equivalent, of which up to 50% will be in US dollars and the balance in CNY; and (iii) a proposed loan under the complementary financing scheme of ADB of up to US$75 million for the Municipal Gas Infrastructure Development Project.