Wed, November 14, 2007 : Last updated 15:05 hours
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JBIC
JBIC approves Bt31 bn loans to Thailand
An informed source from the Finance Ministry said Japan Bank for International Corporation (JBIC) has approved Bt31 billion of loans to support Thailand's construction of the Purple Line electric train.
The official approval would be announced within the next few days.
The loans would be divided into two tranches: one with 25-year maturity carrying the 1.4 per cent interest rate and the other with a 15-year maturity carrying 0.4 per cent in interest rate.
- The Nation
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