The funding of $300 million for the construction of the Patuca III hydroelectric project has been approved by the bank Eximbank.
Financial Secretary, William Chong Wong said that negotiations of both the technical and political details with China have reached the final phase, which has led to the approval of funding by the bank.
Exim Bank could lend up to $250 million to company Mesoamérica Honduras, for the construction of a wind power park.
Delegates from Exim Bank visited the country in order to find out more about the park and assess how much legal security this types of investments enjoy in the country.
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