REE expands its footprint in renewable energy, it is looking for long-term US dollar-based financing that is not readily available in the local market.
Thousands of micro, small, and medium enterprises, and millions of farmers across Asia and the Pacific stand to benefit from the first phase of Covid-19 crisis response funding from IFC, a member of the World Bank Group.
The funding will help ITL transform and grow by acquiring new assets, developing new warehouses and facilities, and deploying advanced information technology systems.
The aim of the additional financing is to help local businesses with disrupted cash flows sustain operations and maintain jobs.
IFC, a member of the World Bank Group, is providing a financing package of $75 million to Phu My Hung Development Corporation to help sustain its property development operations, in the wake of Covid-19 impacts.
IFC will work with Hanoi to formulate a new-generation FDI strategy and assist the city in diversifying its funding sources.
IFC, a member of the World Bank Group, has increased trade finance limits for Vietnamese banks as a rapid response initiative to address, in advance, potential trade finance challenges triggered by the outbreak of the novel coronavirus, known as COVID-19.
This is IFC’s first green loan to a bank in Vietnam.
BIM Land now get up to $137 million in financing from IFC and Credit Suisse.
The proceeds will be primarily used to develop Phu My Hung’s project in Hoa Binh province.
Publication permit No. 348/GP-BTTTT dated July 19, 2017, granted by the Ministry of Information and Communications of the Socialist Republic of Vietnam
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