Tahal obtains financing for €41m Ghana water project

The Dutch government will provide the Ghanaian Finance Ministry long-term loan via a commercial bank.

Tahal Group BV has obtained financing for a €41 million turn key project to rebuild and expand a water supply network for a rural area in Ghana. The Dutch government will provide the Ghanaian Ministry of Finance and Economic Planning a long-term loan via a commercial bank.

Tahal is the wholly owned water and sewage projects contracting arm of Kardan NV (TASE: KRNV;AEX:KARD).

Published by Globes [online], Israel business news - www.globes-online.com - on August 6, 2008

© Copyright of Globes Publisher Itonut (1983) Ltd. 2008

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