seoul - Yonhap
The state-run Export-Import Bank of Korea (Eximbank) said Tuesday it will provide a US$1 billion loan to South Korean companies participating in the construction of a mammoth gas treatment facility in Qatar. The loan will be extended to shipbuilding giant Hyundai Heavy Industries Co. and five other smaller builders, Eximbank said in a statement, adding Hyundai is in charge of building a gas drilling rig and offshore plants.