Foreign loans guaranteed for two projects

VNGOP – The PM on March 13 approved the letter of guarantee which will be inked by the Ministry of Finance to guarantee loans from Calyon Bank and ANZ Banks for the An Khê-Ka Nak Hydroelectricity Plant and the Hà Tiên 2.2 Cement Factory.

March 14, 2008 7:12 AM GMT+7

The PM agreed with the guarantee charge of 0.25% per year imposed on the debt balance of the guaranteed loans. The guarantee fees during the construction must be paid to the accumulation fund for foreign debts on the first account day after the construction is finished.

By Phương Uyên