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Zaterdag, 2 Februari, 2008

Financieren de V.S. energieprojecten in Iran?

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The three companies are Cementhai Chemicals Company and National Petrochemical Public Company Ltd., both from Thailand, and Itocho Corporation, from Japan, with the latter providing the Iranian company with an additional $96 million shareholder loan, which is also underwritten by MIGA.

MIGA uses contributions to provide financial guarantees to secure foreign investments in developing countries. It is the first time, however, that the Agency has provided such coverage for foreign investments in Iran.

According to Fox News, The US has provided the World Bank with nearly $24 million since 2000.

These projects have helped Iran ‘diversify its exports away from oil’ and ‘contribute to government revenues’, Fox News quoted MIGA as saying.

AKM/AA

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  • This entry was posted on Saturday, February 2nd, 2008 at 7:43 pm and is filed under Business, General . You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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