Guyana signed a Line of Credit (LOC) Agreement worth USD 23.27 million with the Export-Import Bank of India (EXIM Bank) for the acquisition of two Hindustan Aeronautics Limited (HAL) manufactured Dornier 228 aircraft.

Banking & Finance

Guyana signed a Line of Credit (LOC) Agreement worth USD 23.27 million with the Export-Import Bank of India (EXIM Bank) for the acquisition of two Hindustan Aeronautics Limited (HAL) manufactured Dornier 228 aircraft. Built by state-run HAL, the light-weight aircraft is used to transport troops, carry out maritime surveillance and several other government missions. Until recently, the Dornier-228 aircraft were being manufactured under licence from RUAG, a Swiss company. With the signing of this LOC Agreement, the Government of Guyana has received a total of 11 LOCs from the Indian EXIM Bank over the years.


     

     

     

 

     


Guyana

Capital- Georgetown
President- Dr Mohamed Irfaan Ali
          ____________________________