Export Loan for Coal-fired Power Project in Viet Nam
Supporting Export of Power Plant Equipment by Japanese Companies
- Area: Asia
- Machinery and Equipment
JBIC signed a loan agreement with Vietnam Oil and Gas Group (Petrovietnam: PVN). The loan will finance the procurement of steam turbines and related equipment as a whole from Toshiba Corporation and Sojitz Corporation, as PVN will construct a coal-fired power plant in Ha Tinh Province located in the central region of Viet Nam. This loan contributes Viet Nam in developing the country’s power supply infrastructure to meet increasing demand backed with steady economic growth.