A meeting on the cooperation activities between Chairman of EVNNPT’s Management Board Dang Phan Tuong and BNP Paribas
Thứ ba, 1/12/2015 | 00:00 GMT+7
On November 9th 2015, at National
Power Transmission Corporation (EVNNPT),
Chairman of Management Board Dang Phan Tuong had a meeting with leaders of BNP
Paribas in Vietnam. Participation in the meeting, representatives of EVNNPT were Mr. Vu Tran Nguyen – Vice
President, relevant functional Departments of: Finance and Accounting,
International Cooperation, General Department of Management Board, Planning,
Investment Management, Procurement; representatives of BNP Paribas were Mr. Pierre
Veyres – General Director – Southeast Asian BNP Paribas, Mr. Aymar de
Liedekerke Beaufort – General Director of BNP Paribas Vietnam, together with
leaders and officials of BNP Paribas, Hanoi branch.
BNP Paribas is one of the Asian
leading banks on export credit. It operated in Vietnam since 1990s, provided
fund to many development projects of Vietnam, with a total fund of upto
billions USD in various sectors and aspects such as power, oil and gas,
petroleum, transportation.
For power sector, BNP Paribas has
arranged fund for some projects of Vietnam Electricity (EVN) including Song
Tranh Hydropower Plant, Song Bung Hydropower Plant, Lai Chau Hydropower Plant,
Duyen Hai Thermal Power Plant, v.v. In cooperation with EVNNPT, BNP Paribas is in the middle of arranging a 200 million USD fund by nexi untied program,
with guarantee by Ministry of Finance. This fund is to finance the 500kV Vinh
Tan – Song May – Tan Uyen transmission line project. At present, the procedures
in arrangement of such fund have almost been completed, in which 2 sides are finalizing
the last discussions in order to approach the signed contract done expectedly
by end of this year 2015.
Chairman of EVNNPT’s Management Board Dang Phan Tuong highly appreciated the close
cooperation in arranging this fund. The results gained so far expressed the
great efforts made by 2 sides in the last years. He also requested BNP Paribas
leaders to propose the other types of financing so that EVNNPT will consider the further cooperation.
Agreed with proposals by EVNNPT’s Chairman Dang Phan Tuong, General
Director of Southeast Asian BNP Paribas – Mr. Pierre Veyres committed to
support in financing, accompanying EVNNPT’s
development in future, consider the other types of financing such as interest
exchange, currency exchange, insurance for the risks of exchange rate, etc,
contributing to support EVNNPT in
minimizing financial difficulties and making highest efficiency of projects
investment./.