LENDING & CREDIT | Cesar Tordesillas, Vietnam

BIDV provides 7.7T Dong credit to Becamex IDC

Bidv Binh Duong will provide a credit program worth 7.7 trillion dong in 2011-15 period to Becamex IDC.


It will held the latter develop the infrastructure in industrial zones, urban zones, and carry out projects in sectors of road, healthcare, education and especially the credit programme for social houses in Binh Duong.

A comprehensive cooperation agreement for the period from 2011 to 2015 has been signed by the parties.

From now till 2015, Becamex IDC and its members will build about 60,000 apartments and sell at preferential prices for over 125,000 homeless labourers who are working steadily in industrial zone in Binh Duong province.

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