Korean Export Import credit agency that is the majorly funding the proposed P34.38 bln naphtha cracker in Batangas, has given the nod of approval for the project financing. As global economies recoverr, the Gokongwei Group has received the nod from the Korean Import-Export Bank, but continues to be in discussion about the financial requirements, leading to delays in project implementation.
For more details on Nod from Korean Export Import credit agency to fund JG Summit’s P 34 bln cracker project click here
Wednesday, December 23, 2009
Nod from Korean Export Import credit agency to fund JG Summit’s P 34 bln cracker project
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