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exim bank signs loan, page-7

  1. 3,910 Posts.
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    nectar38, my understanding is that the Government side of the finance for the Kribi port has now been secured, but this is something different from the funding for the port at Lolabe that SDL is planning to build. Again, my understanding is that while SDL's terminal was going to be part of the Kribi port complex overall, it was actually some distance from the main Kribi complex, and was going to need funding somewhat separate from what the Cameroon Government was securing for the Kribi section. I hope this makes some sense!

    I still think this is good news, but I don't think funding has now been secured for SDL's terminal at Lolabe. SDL will announce when it has secured funding for it's terminal. Does anyone else share this view?
 
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