Exim Bank joins Thu Duc financing

THE EXPORT- IMPORT BANK (EXIM BANK) of Malaysia has confirmed its participation in the $135 million Thu Duc BOT water supply project in Vietnam.

The project will provide Ho Chi Minh City with additional treated water capacity of 300,000m3/d. The 25-year contract was signed in 1997 between Lyonnaise Vietnam Water Supply Company (LVWC) and the Ho Chi Minh City People’s Committee. LVWC is a joint venture between Ondeo and Pilecon Engineering of Malaysia.

The Asian Development Bank (ADB), which has ...

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