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Thursday, July 12, 2018 6:29:19 PM
That would be great. If that were the case, it could not only keep rates competative, but also indicate to the world how massive this project is.
There could be more than one Vietnam bank sharing the risk due to the size of the Quang Nam project.
I was thinking about risk last night. I thought it was interesting that a lot of the news reports coming from Vietnam also mentioned the contract with the U.S. DOD. Seems to me that it may have been a discussion point during some of the meetings. I'm wondering if the bankers have been notified of any potential contract renewals/enhancements that are in the pipeline with the army. If KBL has a client on deck that is willing to purchase a large volume of product, this would seriously mitigate risk for the banks.
Just a thought.
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