Hero Future Energies has signed a Memorandum of Understanding to invest Rs 11,000 crore in Karnataka, with projects set to commence in 2025-26. Supported by notable investors like the International Finance Corporation and Kohlberg Kravis Roberts, the initiatives are expected to create nearly 3,000 jobs in the state.
Norton Rose Fulbright has facilitated a strategic partnership between the International Finance Corporation (IFC), the Multilateral Investment Guarantee Agency (MIGA), and a consortium led by JP Morgan to expand the Tanger Med port in Morocco, with a total investment of 400 million euros. IFC's 197 million euro investment marks a significant step in sustainable financing for the port sector in emerging markets, while MIGA provides a 15-year guarantee for the lenders. This expansion will enhance Tanger Med's capacity to manage truck flows significantly, reinforcing Morocco's status as a key maritime hub.
VPBank and Lotte C&F Vietnam have signed a Memorandum of Understanding to enhance financial services for Lotte customers, focusing on "Buy Now, Pay Later" products. This partnership aims to create innovative financial solutions, including co-branded cards and digital payment options, while expanding VPBank's reach among foreign direct investment clients in Vietnam.
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