IFC proposes $103m investment in China's Shanghai Zhonggu Logistics

IFC proposes $103m investment in China's Shanghai Zhonggu Logistics

IFC/World Bank HQ. Photo: IFC

World Bank Group member International Finance Corporation (IFC) is likely to extend a loan of $103.3 million to Shanghai Zhonggu Logistics Co, the second largest domestic trade multimodal container transportation company in China.