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Korea EximBank to Invest $7 Mil.in Overseas Development Project

Korea EximBank to Invest $7 Mil.in Overseas Development Project

SEOUL, Oct. 2 (Korea Bizwire) – Korea EximBank said on October 1 that it would make a US$7.15-million investment in a hydroelectric power generation project on the Semangka River in Indonesia. The project is currently undertaken by the POSCO Engineering consortium.Including loans and guarantees, the state-run bank will support a total of $132.9 million in a project financing deal. [...]