Representatives of the Dak Lak provincial people's Committee, the State Bank of Dak Lak province, VDB’s Board of Directors, Quang Dat Company and a number of credit institutions in the area attended the signing ceremony.
With total capacity of 22MW, the hydropower project is financed with VND530 billion of state investment credit, accounting for 68% of its total investment.
Addressing at the signing ceremony, Mr. Pham Duong Linh – VDB Board of Directors member congratulated and requested the Branch and the functional departments at the VDB Headquarters to accompany and work closely with the investor in next steps of the project; He proposed the investor to use all their resources for the project implementation, put the project into operation on schedule, contribute to the socio-economic development of the locality, create income to repay VDB’s loan...
Mr. Pham Van Doat - Chairman and General Director of Quang Dat Company Limited thanked the Branch and VDB functional departments for their close cooperation and coordination with investor. At the same time, he committed to managing the project with the highest efficiency, implementing the project on schedule, soon put it into operation, using the loan for the right purpose, and fully repaying the principal loan as well as interest./.