Bank pumps $62m into fertiliser plant

Vietinbank inked a deal to provide the Viet Nam National Chemical Group with VND1.2 trillion (US$62 million) in financing to build the Diamond Phosphate Fertiliser Factory No 2. The 12-year loan has a three-year grace period. The factory, located in the northern province of Lao Cai, will be built at a cost of VND5.2 trillion ($266 million). with a design capacity of 330,000 tonnes per year.

Tags: Diamond Phosphate Fertiliser Factory

Posted by VBN on Jan 25 2011. Filed under Banking-Finance, Fertiliser. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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