» » Korea approves US$ 200m for Kandy tunnel construction project

Korea approves US$ 200m for Kandy tunnel construction project

Flag_of_South_Korea.svgThe Ministry of Strategy and Finance of Korea has approved US$ 200 million for Kandy tunnel construction project. Korea Eximbank will finance this project with a very concessional EDCF loan of 0.15% interest rate and 40 year repayment period including 10 year grace period. According to the Korean Embassy, the project comprises of 4 tunnels […]

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