Eximbank backs Philippine nuclear project with KHNP, Meralco

The Export-Import Bank of Korea said Wednesday it has signed a tripartite memorandum of understanding with Korea Hydro & Nuclear Power and Manila Electric Company to support nuclear power development in the Philippines. The agreement positions Eximbank as a financial partner for potential nuclear projects led by Meralco, the Philippines’ largest private power distributor, while strengthening South Korea’s competitiveness in the global nuclear energy market. Minister of Trade, Industry and Resour

By The Korea Herald