Statute for Encouragement of Private Participation in Transportation Infrastructure Projects Article 26

The competent authority may, based upon the financing needs of transportation infrastructure projects, coordinate with financial institutions to grant long term preferential loans to the private entities encouraged under this Statute. The term and the line of credit of such loans shall be free from the limitations prescribed in Articles 33-3, 38 and 84 of the Banking Law.The difference in interest under the long term preferential loans referred to in the preceding Paragraph shall be subsidized and budgeted by the competent authority concerned.Regulations governing the long term preferential loans referred to in Paragraph 1 shall be prescribed by MOTC in conjunction with MOF.