Asian Development Bank: Evaluation Report on Loans to the Nghi Son Cement Corporation in Vietnam
Source: Development Gateway
This evaluation assessed ADB’s support for the Nghi Son Cement Corporation (NSCC), ADB’s first private sector project in Viet Nam. In December 1996, the ADB’s Board of Directors approved a direct loan of $30 million and a loan of $26.5 million under its complementary financing scheme for NSCC. At the time of project construction, NSCC was the largest greenfield cement plant in the world. This project was rated successful. The report showed that the strong commitment of the sponsors and effective coordination of ADB’s public and private sector operations with local governments were needed to achieve development objectives.
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