"japantoday > business
Japan to lend Y98.7 bil to Turkey for subway construction
Saturday, February 19, 2005 at 08:00 JST
TOKYO � The government said Friday it will provide up to 98.73 billion yen in low-interest loans to Turkey to help build a subway system in Istanbul.
The 40-year loan, which will carry an interest rate of 0.75% per annum, follows Tokyo's previous loan of 12.46 billion yen for the same project in 1999. (Kyodo News)"
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