The financing deal comprises a 13-year $401 million loan which will amortise over 10 years, starting 2015, and is guaranteed by the official government export credit agencies of Belgium (The Office National du Ducroire or ONDD
) and France's COFACE.
The transaction comprises a 13-year 401million loan which will amortise over 10 years starting 2015, and is guaranteed by the official government export credit agencies of Belgium (ONDD
) and France (COFACE).
He noted that during the present visit, in addition to engaging in B2B opportunities, the delegates had met with point persons in the European Parliament, European Commission, Euro Commerce, Business Europe and ONDD
- The Belgian credit rating agency, in seeking to leverage the policy of these bodies in a manner which serves the interests of European related business establishments based in Sri Lanka.
The Belgiumbased Fortis Bank and ONDD
, the Belgian Overseas Department, are financing the dredging aspect of the project.
relations with international energy investors," concluded ONDD