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Page 1 CONFORMED COPY LOAN NUMBER 4765-CHA Project Agreement (Inner Mongolia Highway and Trade Corridor Project) between INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT and INNER MONGOLIA AUTONOMOUS REGION Dated May 18, 2005 Page 2 2 Page 3 LOAN NUMBER 4765-CHA PROJECT AGREEMENT AGREEMENT dated May 18, 2005, between INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT (the Bank) and INNER MONGOLIA AUTONOMOUS REGION (Inner Mongolia). WHEREAS by the Loan Agreement of even date herewith betw een People