Thu, Oct 23, 2014
A A A
Welcome bhaimia
RSS

Islamic Finance Briefing - Categorized | Banking, Finance more

Abu Dhabi Islamic Bank provides finance to Hyundai for awarded project ‘Borouge 3′

Posted on 25 October 2010

Abu Dhabi Islamic Bank (ADIB), a top-tier Islamic financial services group, today announced that it has provided the financing facilities to Hyundai Engineering and Construction Co., Ltd. (HDEC) for the newly awarded project Borouge 3 expansion project with a project value Dhs3.41bn ($935m) for the construction of utilities and off-site facilities for the project in Ruwais Industrial Complex, Abu Dhabi, UAE.
The expansion will more than double Borouge’s production capacity to over 4.5 million tones per year by 2013, making it the largest integrated polyolefin site in the world……………………………………….Full Press Release: Source

 
Article link

This post was written by:

Laxman - who has written 19163 posts on Opalesque Islamic Finance Briefing.


Contact the author

Comments are closed.

banner
October 2014
M T W T F S S
« May    
 12345
6789101112
13141516171819
20212223242526
2728293031