A project loan is a long-term loan that helps finance large
commercial, industrial, and infrastructure projects. Project loans are
used for a variety of purposes, including: ·Setting up new units
or expanding existing units ·Acquiring fixed assets
like land, buildings, and machinery ·Infrastructure
projects like roads, bridges, ports, dams, and airports ·Commercial real estate
projects like hotels, residential complexes, and warehouses ·Educational
institutions and hospitals ·Irrigation projects
and water treatment plants ·Sanitation and
sewerage systems ·Telecommunications
services
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