The Export-Import Bank of Korea announced that it plans to provide funding to Korean companies participating in overseas nuclear reactor construction projects.
Eximbank Chairman Kim Dong-soo said in a press conference that the bank will provide the participating firms with just over nine billion US dollars.
This accounts for roughly half of the total of construction costs for a consortium led by the Korea Electric Power Corporation which won a 20 billion dollar contract last December to build nuclear power plants in the United Arab Emirates.
The government lending agency said it will take part in the nuclear power plant business and do its best to help Korea become one of the top three powerhouses in the industry.
FEB 09, 2010
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Friday, SEP 03, 2010, (KST) 
