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Sovereign Wealth Funds Briefing - Categorized | Financials

Banks lend $1.46 bln to thermal power plant in Vietnam

Posted on 11 July 2011

Twelve foreign banks will join hands to lend more than $1.46 billion to Mong Duong 2 coal-fired power plant in northern Vietnam.
POSCO Power , an affiliate of South Korea’s POSCO , owns 30 percent of stake in the project and China Investment Corporation has the remaining 19 percent after state coal miner Vinacomin had left the project, the statement said……………………………………….Full Article: Source


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