, Vietnam

Duc Long inks credit contract with Vietinbank

Duc Long Gia Lai Group signed the credit contract for upgrading and expanding National Highway No 14  with Vietinbank. The project will be conducted under BOT method.

 

Accordingly, Vietinbank pledged to fund 70 per cent of the total capital for the construction project, equalling to 1.037 trillion dong. The lending period would be 12 years.

The construction project of National Highway No 14 in Dak Nong province under BOT method was officially kicked off on Sep 11, 2010. At present, Duc Long Gia Lai Group is pushing up the implementation process in order to finish the project in time.

 

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