US development bank DFC approves $255m investments in SE Asia in Q2

Da Nang, Vietnam. Photo: Unsplash

The US development bank International Development Finance Corporation (DFC) has approved at least $255 million worth of investments in companies based in, or focused on, Southeast Asia.

The deals, which involved debt financing and equity investments, were part of the more than $1.4 billion that the bank approved this quarter to support US national security and foreign policy priorities.

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