ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter

Vietnam coal power plant receives $1.8bn loan from Japan lenders

State-backed JBIC and big banks resist criticism from Western investors

A coal power plant in Germany: New coal-fired projects face criticism from environmental groups and investors around the world.   © Reuters

TOKYO -- The Japan Bank for International Cooperation will join big private lenders to provide roughly $1.77 billion in financing to a coal-fired power plant in Vietnam, defying criticism that the project runs counter to the global shift away from fossil fuels.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more