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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.
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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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