More finance for Vietnamese cement project

SGCIB and BNP Paribas close another round of financing for the Vietnam Construction and Import-Export Corporation.

In the second part of an export finance transaction, SG corporate and investment bank and BNP Paribas energy commodities export project ECEP have raised Euro75.2 million for the construction of a cement plant in Vietnam.

The Cam Pha cement plant in the north of the country will have an annual capacity of 2.3 million tonnes and is being sponsored by the Vietnam Construction and Import-Export Corporation Vinaconex.

The first part of...

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