Monday, March 27, 2017

The Export-Import Bank of Kuwait refinery project one billion US dollars loan



[Korea Selected financial newspaper reporters - the Export-Import Bank of Korea announced on the 27th that now lending to $ 1 billion refinery project in Kuwait directly by domestic construction orders five companies jointly.

Kuwaiti refinery project in Kuwait Refinery Corporation (KNPC) is in the business of expansion, modernization of an oil refinery facility in operation 2, the extra-large-scale national project expenses of up to 145 billion dollars.

The country was awarded the GS Construction, SK Construction, Plant Construction, Samsung Engineering, Daewoo, Hyundai Heavy Industries, five companies of 60 billion dollars.

Domestic small and medium-sized plant equipment manufacturers yeogot 150 takes on the equipment exported to KNPC partners.

Kuwaiti government has managed a financing from official export credit agency (ECA) of the world's five countries, Korea also took part in mercury.

Mercury officials said that "Kuwait and Oman dukum refinery business is South Padre petrochemical plant planned in consultation with the financial support of projects such as overseas orders for our company."

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