Ecuador Signs $136 Million Loan Deal With BNDES for IrrigationNathan Gill
Ecuador signed a $136 million loan contract with Brazil’s state development bank BNDES to help fund the construction of an irrigation project, the Andean country’s Finance Ministry said today in a statement on Twitter.
The project, located in the Daule-Vinces area of Ecuador’s coastal Guayas and Los Rios provinces, includes the construction of about 330 kilometers (205 miles) of canals, the ministry said in a separate statement sent by e-mail. The ministry didn’t give details about the terms of the loan.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.