The Special Loan Program for China-Latin America Infrastructure Project (中拉基础设施专项贷款) is a special credit line established by the Chinese government of US$20 billion for financing of infrastructure projects in Latin America.
[1] The program was announced in July 2014 during the inaugural China-LAC Summit with a commitment to implement the "special loans for Chinese-Latin American infrastructure".
[2][3] The program is administered by China Development Bank and the capital is contributed from the State Administration of Foreign Exchange.
[4] According to an analysis published on the China and Latin America blog, the program could be a source of financing for the Bolivian segment of the planned Central Bi-Oceanic railway, a project vigorously pursued by Bolivian officials in 2016.
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