VEB.RF, VTB to lend 34 bln rbl on Vanino port coal terminal - Transport & Automobile - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

VEB.RF, VTB to lend 34 bln rbl on Vanino port coal terminal

MOSCOW, Nov 7 (PRIME) -- VEB.RF and VTB will finance construction of a 34 billion ruble coal terminal in the Port of Vanino, VEB.RF said in a statement on Thursday.

УState corporation VEB.RF, Bank VTB and company VaninoTransUgol have signed a loan agreement to finance construction of a highly technological coal terminal carried out in the sea Port of Vanino in the Khabarovsk RegionЕ the amount of financing in the framework of program Project Financing Factory is 34 billion rubles,Ф VEB.RF said.

VEB.RF will finance more than 33% of the cost of the first stage of the project under a syndicated loan. The terminal is to be launched in 2020 and the planned capacity is 12 million tonnes of coal per year.

(63.5880 rubles Ц U.S. $1)

End

07.11.2019 10:23
 
 
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