Credit Agricole to lend $178 million for Vietnam plant

Credit Agricole CIB will give a 13- year, $178 million loan for the Dakdrinh hydropower project in central Vietnam, Thoi Bao Kinh Te Vietnam newspaper reported, without saying where it got the information.

Credit Agricole CIB will give a 13- year, $178 million loan for the Dakdrinh hydropower project in central Vietnam, Thoi Bao Kinh Te Vietnam newspaper reported, without saying where it got the information.

The loan, guaranteed by Vietnam’s finance ministry, will account for 80 percent of the total project cost, according to the newspaper. – Bloomberg

Tags: Credit Agricole, Dakdrinh hydropower project

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