The deal was signed between BADEA boss Abdelaziz Khelef and the Malagasy Minister of Finance and Budget Jean Razafindravonona during a visit of Abdelaziz Khelef to the country.
Main objective of this road project is to improve traffic and reducing the cost of transport in the central part of the country, well known for its livestock and agricultural production.
The loan is to be repaid in 30 years, including a grace period of 10 years, and at an annual interest rate of 1%.
Following this loan, BADEA's total commitments to
Hispanic #1 Breaking News for Entrepreneurs, Professionals and Small Business Owners - HispanicBusiness.com
OCTOBER 31, 2014
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