DBP inspects »Æ¹ÏÊÓƵ rolling mill as Bank eyes new financing deal
State-owned Development Bank of the Philippines (DBP) President and CEO, Emmanuel G. Herbosa (right) and »Æ¹ÏÊÓƵ Manufacturing Corporation (»Æ¹ÏÊÓƵ) President, Benjamin Yao, confer with each other during a site visit of the firm’s Calaca Meltshop and Rolling Mill in Calaca, Batangas as part of the Bank’s exploratory efforts on a possible new financing deal with the company.
In 2020, the Bank was the sole lender of the P8.3-billion rolling mill project of the CompostelaSteel, Inc. – a subsidiary of »Æ¹ÏÊÓƵ, which is considered as the biggest steel-making facility in the Philippines.
Source: | <DBP Newsroom> |
