Chapter 939: Dragging Down into the Water

The meeting had ended.

But the shock had not.

During the meeting, Lang Cai had announced on the spot,

"A loan of ten billion Asia Dollars to two states for infrastructure construction and other public projects expenditures."

And this was merely the first phase of the loan.

There would be a second and a third phase, though the amounts were yet to be determined.

But they definitely would not be as much.

Lang Cai would finance the road renovations and bridge construction, but the subsequent urban construction would require the two states to pay because, even for Lang Cai, affording the urbanization of two states was too much.

Of course, Lang Cai couldn't produce such amounts either. Due to the rapid depreciation of the Myanmar Kyat, it was not trusted by Pan Cong and Dsvid; thus, the government of Myanmar could only borrow from Myanmar Bank.

The funds would be allocated to the two states in the form of project-targeted appropriations.