Conformed Copy - L4045 - Chongqing Industrial Pollution Control and Reform Project - Loan Agreement

Page 1 CONFORMED COPY LOAN NUMBER 4045 CHA Loan Agreement (Chongqing Industrial Pollution Control and Reform Project) between PEOPLE'S REPUBLIC OF CHINA and INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT Dated December 4, 1996 LOAN NUMBER 4045 CHA LOAN AGREEMENT AGREEMENT, dated December 4, 1996, between PEOPLE'S REPUBLIC OF CHINA (the Borrower) and INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT (the Bank). WHEREAS: (A) the Borrower, having satisfied itself as to the feasibility and priority of the Project described in Schedule 2 to this Agreement, has requested the Bank to assist in the financing of the Project; (B) Parts A and D (1) of the Project will be carried out by Chongqing Municipality (Chongqing) with the Borrower's assistance and, as part of such assistance, the Borrower will make available to Chongqing the proceeds of the Loan as provided in this Agreement; (C) Part B (1) of the Project will be carried out by Chongqing Special Steel Company (Group) Limited (CSSC) with the Borrower