There are also related projects in China, such as the pledge of accounts receivable in this project. However, the railway revenue is not objective, especially after the Ministry of Railways was exposed to serious losses this year. If there is no collateral, it is really difficult. Now all banks in the government financing platform are strictly controlled. The opposite is also possible.
How can railway construction be private? These are all invested by enterprises controlled by SASAC.
I don't think it is reliable to find a foreign bank, and it can't be approved in China. Because of such a large project loan, the banking regulatory bureau will definitely interfere.