RSS
Turkmenistan plans to borrow more than $240 million on favourable terms from the Islamic Development Bank and the Asian Development Bank for railway and water-supply projects, a government source said on Monday.
“The loans will be used to develop the Turkmen part of a rail link to Iran and for providing water to Balkan province in the west of Turkmenistan,” the source told Reuters………………………………………..Full Article: Source
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Islamic Finance Briefing - Categorized | Banking, Finance, Financial Instruments (Credit Cards, Debts, Loans, Mort, Property, Projects, Infrastructure more
Turkmenistan to borrow $240 mln for water, rail link
| Posted on 28 June 2011 |
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