BFL (Banque Franco Lao) signed a financing agreement with the Lao Holding State Enterprise (LHSE) to provide USD 10 million to #finance strategic developments in the Energy sector of Lao PDR.
This project financing is particularly significant for both entities as it aims to consolidate the leadership of the Lao PDR in term of electricity production in South East Asia through a #sustainable long term financial solution.
Mr. Arnaud Caulier, CEO of BFL and Mr. Manasinh/LHSE Vongsay, General Manager of LHSE, introduced the companies’ joint agreement to the national press and key stakeholders of the project on the 23d of September 2020.