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Announcement of Thirty Million Dollars Loan to Steel Company in India on July 8, 1966 (Inglês)

This press release, dated July 8, 1966, announces the World Bank has made a loan equivalent to 30 million dollars to the Indian Iron and Steel Company Limited (IISCO), a privately-owned steel company. The loan will help to finance a project which will enable the company to increase its output of saleable steel by about a third by 1970, to a total of 1,050,000 tons.

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