The International Finance Corporation (IFC), the private arm of the World Bank, along with a consortium of banks, is considering sanctioning loan to fund the expansion of the container terminal being operated by the Visakhapatnam Port Trust (VPT) through the Visakha Container Terminal Pvt. Ltd.
Diligence study
Talks have reached an advanced stage, with the IFC involving the ICICI to proceed further and explore the sanction of the loan sought by the VCTPL. At present, the due diligence study is...
https://container-news.com/ifc-sanction-loan-visakha-terminal-expansion/