Tag Archives: CGCL

China to provide loan for BSC

BSC

MNA Business Desk: The China government will provide $184.50 million concessional loan to Bangladesh for procuring six vessels for BSC (Bangladesh Shipping Corporation) from China. The Chinese have already planned the drafts of the framework agreement along with the Chinese Government Concessional Loan (CGCL). The six vessels, including three oil tankers, and three bulk carriers, each with 39,000DWT capacity in a bid, will enhance the capacity of the BSC by raising the number of vessels to its fleet. The government of Bangladesh will acquire preferential loan of Tk1, 448.32 crore from China Exim Bank and the BSC will bear Tk395.26 ...

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