Korea Eximbank will extend $183 million in loans for Myanmar projects (Mizzima (Burma))

The Export-Import Bank of Korea (Korea Eximbank) said Tuesday it will extend $183 million in loans to a Myanmar infrastructure modernization project, which it sees generating future business opportunities there for Korean companies. Under Eximbank’s Economic Development Cooperation Fund (EDCF)-based deal, the Myanmar government placed orders with Korean companies to build a bridge and replace its…

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