Kasikorn bank to fund 2 Laos Hydropower Projects

Kasikorn bank, the Thailand’s fourth- largest bank by assets, plans to arrange financing for two hydropower projects in Laos, Executive Vice President Vasin Vanichvoranun said.

Kasikornbank will provide about four billion baht ($133 million) to both the Nam Ngum 3 and Nam Ngiep 1, power plants in Laos with a combined value of more than 60 billion baht, he told reporters in Bangkok today.

Kasikornbank and its unit Kasikorn Securities also have 15 fundraising deals this year with a combined value of 360 billion baht, he said. Of those, four deals worth 5 billion baht are initial public offerings, he said.

http://www.bloomberg.com/news/2011-08-30/kasikornbank-to-arrange-funding-for-laos-hydropower-projects.html

Posted by samakomlao on 9:02 PM. Filed under development, developments . You can follow any responses to this entry through the RSS 2.0. Feel free to leave a response