124. The Executive Committee also approved the revised costs for five projects as follows:
(i) Tianjin CFC conversion to LPG propellant: from US $2,500,000 to US $2,770,000
(ii) Shanghai CFC conversion to LPG propellant: from US $1,900,000 to US $2,309,000
(iii) Zheijiang foam plant conversion to butane: from US $1,042,000 to US $973,000
(iv) Zheijiang halon extinguisher conversion: from US $797,000 to US $710,000
(v) Beijing ABC powder production project: from US $403,000 to US $900,000.
A sum of US $185,000 was also allocated to cover the fees of the financial agent and an additional US $70,000 was approved to provide technical supervision of technology procurement and detailed sub-project design for Zheijiang halon and foam projects.
In all, a total of US $1,275,000 should be transferred to the World Bank.