CROSS-BORDER FUNDING Exim Thailand finances power plant in Vietnam

ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

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CROSS-BORDER FUNDING  Exim Thailand finances  power plant in Vietnam

Corporate April 05, 2019 01:00

By The Nation

The Export-Import Thailand ( EXIM Thailand) has provided a $35-million credit facility to Sermsang Power Corporation Plc for the construction of a solar power plant with a generating capacity of 50 MW in Binh Nguyen, Vietnam.

 

The bank’s president Pisit Serewiwattana said that having witnessed Vietnam’s high economic growth and rapid industrial expansion, EXIM Thailand will cooperate with the private sector to invest in the renewable energy business in Vietnam. Vietnam’s robust economic growth has pushed up its demand for electricity with an estimated annual growth of 10 per cent in the next five years.

“EXIM Thailand is ready to work alongside Thai entrepreneurs in their business endeavours beyond Thailand, especially in the CLMV countries , with provision of an array of products and services from advisory to credit and insurance facilities to hedge their trade and investment risks. This is in line with our strategy to connect Thailand to the world through international trade and investment towards Thailand’s and Asia’s sustainable economic development,” added Pisit.

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