Woodworking Industry News
TORONTO — Commercial forest plantation company, Sino-Forest Corp., announced that its indirect wholly-owned subsidiary, Sino-Panel (China) Investments Ltd. has entered into a Co-operative Framework Agreement with the China Development Bank Corp. Guangdong Branch (CDB).CDB could provide project financing of up to 10 billion RMB (US$1.5 billion) to support Sino-Panel’s projects in China.
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August 15, 2011 | 2:35 pm CDT