Another round of expansion started in 2007. A third runway opened on 29 October 2007, to relieve congestion on the other two runways. Terminal 3 (T3) was completed in February 2008, in time for the Beijing Olympics. This colossal expansion also included a rail link to the city center. At its opening, the new Terminal 3 was the largest man-made structure in the world in terms of area covered, and a major landmark representing Beijing as the growing and developing Chinese capital. The expansion was largely funded by a 30 billion yen loan from Japan and a 500-million-euro (US$625 million) loan from the European Investment Bank (EIB). The loan is the largest ever granted by the EIB in Asia; the agreement was signed during the eighth China-EU Summit held in September 2005.