Vietnam gas project receives $830m in Japanese loans
HANOI -- The Japan Bank for International Cooperation and private lenders will extend roughly $832 million in syndicated loans to a gas development project in Vietnam, the state-backed lender announced on Monday.
JBIC is contributing about $415 million to the co-financing deal, with private financial groups providing the rest. The money will go toward developing the Block B gas field off the coast of southern Vietnam.