EVN has exceeded foreign loan threshold
15:46 | 18/01/2017
However, in recent year, due to implementing good confident partnerships with the international financial institutions as: WB, ADB, AfD, JICA, KfW… the Group already arranged a total ODA and preferential loan capital of $2.96bn, of which the signed value – $1.03bn, negotiated - $170mn and prepared for the new projects - $ 1.76 billion.
Besides, the international cooperation activities have also helped EVN to consolidate relationships with international partners in various fields. For example, WB and ADB continued coordinating and assisting EVN in long-term programs on finance, governance restructure, communication, renewable energy development and power infrastructure modernization.
The fact indicates that every year EVN needs an investment capital of $5-6bn with a lot of over VND 10,000bn projects. In 2017, EVN needs about VND 137,071bn comparing with VND 132,536bn in 2016.