Signing credit financing contract for Van Ninh coach station project

Friday, 25/09/2020, 08:55 [GMT+7]

Signing credit financing contract for Van Ninh coach station project

On September 23, Khanh Hoa Investment and Development Fund and Khanh Hoa Coach Station and Transport Service Joint Stock Company signed a credit financing contract for Van Ninh coach station project.
 
According to the contract, Khanh Hoa Investment and Development Fund will lend Khanh Hoa Coach Station and Transport Service Joint Stock Company a maximum of VND22 billion to invest in the construction of Van Ninh coach station in Trung Dong Village, Van Binh Commune, Van Ninh District with the total investment of more than VND48 billion. Currently, the company has finished leveling the ground and connecting Van Ninh coach station to National Highway 1. 
 
 
Leaders of two units signed credit financing contract.
Leaders of two units signed credit financing contract.
 
Previously, Khanh Hoa Investment and Development Fund appraised the legal documents of the project, the investor's capacity, and financial efficiency of the project. In the near future, the two sides will cooperate to finish the registration of secured transactions and sign a loan guarantee contract to carry out disbursement process, speed up the construction and put the station into operation soon.
 
Khanh Tam
Translated by H.N