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JBIC extends first untied loan for Vietnam power firm

25 November 2008

Vietnma's Vietracimex Lao Cai Electric has received financing from SMBC and JBIC to finance the construction of two hydropower stations.

Read more: JBIC untied loan Vietnam

Japanese export credit agency, Japan Bank for International Cooperation (JBIC), has signed an untied loan agreement of  ¥11 billion( $115.1 million)  with Vietracimex Lao Cai Electric, a state corporation guaranteed by the government of Vietnam. 

The loan is co-financed with...

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