VIETNAM LOAN
August 1st, 2005
BY KEITH NUTHALLTHE EUROPEAN Investment Bank (EIB) is planning to lend German retail giant Metro Euro 40 million to build five junior wholesale cash and carry stores in Vietnam. They would cover between 6,000 and 9,000 square metres in sales area and would mirror the small cash and carry format that has proved particularly successful for Metro in eastern and southern Europe. The stores would be established in Can Tho, Ho-Chi-Minh-City (Saigon), Hanoi, Haiphong, Da Nang, costing Euro 80 million to construct, with the EIB lending 50% of the outlay with its usual ...
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