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Japan Venture Group Funds $520 Million USD Cement Operation In Nigeria For Triple I International Investments Inc.


Tuesday September 19th 2006
Japan Venture Fund Group of Companies Compleated a $520 Million USD Project Funding for Triple I. International Investments Inc. Phoenix Cement Operation in Ogun State, Nigeria.

Mr. Victor Kobayashi stated today that “this is one of the most significant private investments into Nigeria in the history of our company and we are excited to be a part of what will be one of the largest cement operations in West Africa supplying primarily, the Oil Drilling Industry”

“We completed today the Transfer of USD $520 Million on a 10 year Secured Project Finance Loan Guaranteed by Financial Guarantee Insurance Provided By International Underwriters (Germany) and to be suplimented later by OPIC Political Risk insurance”

Japan Venture Fund Group of Companies is a USD $17 Billion Capitalized Private Investment Firm Investing in a myrad of industries and technologies including BioTech and Nano Technology


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