OPIC loans to build medical plant in Southern provinces

Ha Noi, Dec. 4 (VNA) -- The U.S. Overseas Private Investment Corp. (OPIC) has pledged a USD 8 million loan to build a serum and medicine production plant at the Bien Hoa 2 Industrial Zone in southern Dong Nai province.

The pledge was signed in Ho Chi Minh City on Dec. 3 by OPIC Chairman and Executive Manager George Munoz, who led a mission of US businessmen assessing investment possibilities in Viet Nam.

It is the second OPIC-assisted project in Viet Nam.

The first -for the building of a USD 2 million equipment maintenance workshop in Ho Chi Minh City- was signed in 1999.