Israeli Baran Group offers up to 140 million in preferential financing for Vietnam infrastructure projects
On August 21 Minister of Finance Ngo Van Tuan held a meeting with a delegation from Israel s Baran Group led by Asher Tzur CEO of the group s International Division to discuss opportunities for economic investment and financial cooperation
The Israeli Baran Group presented up to 140 million in preferential financing for infrastructure projects in Vietnam during a recent visit by a delegation to Hanoi. The Baran Group, recognized as a leading Israeli engineering and project management company, expressed hope that the visit would lead to new investment and trade cooperation opportunities between the two nations.
Vietnam's Ministry of Finance welcomed the group's capabilities, noting that they align well with the country's goal of attracting high-quality investment and enhancing competitiveness. The financing proposal includes competitive terms such as grants of up to 35%, loan maturities of 16-17 years, and a fixed interest rate of zero.
The Baran Group's expertise spans various sectors, including healthcare, education, semiconductor manufacturing, oil refineries, pharmaceuticals, seaports, airports, and energy infrastructure. The Ministry of Finance encouraged Baran to explore investment opportunities in areas such as processing and manufacturing, electronic component production, high technology, transport infrastructure, healthcare, education, and environmental protection.
Written by urgent.news from Vietnam Investment Review's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
