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BOYADJIAN & ASSOCIATES and VA TECH Finance sign co-operation agreement to finance mega projects in the MENA region


A co-operation agreement was signed on Monday 12 March 2007 in Vienna between BOYADJIAN & ASSOCIATES project finance and management consultants based in Beirut and VA TECH Finance a European export and project financing firm to provide international financing arrangement services to multimillion dollar projects in the Middle East and North Africa.
 


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The agreement was signed by Mr. Vatche Boyadjian managing director of BOYADJIAN & ASSOCIATES and Mr. Peter Haag president of VA TECH Finance. With the back up of an international team of over 50 professionals, BOYADJIAN & ASSOCIATES will provide international loan structuring, syndication and arrangement services for both private and public sectors.

“Signing this agreement is another step toward realizing the expectations of our valued clients. Since inception, BOYADJIAN & ASSOCIATES has committed toward providing effective solutions to its clients. Today we have the chance to renew this commitment by launching, in association with VA TECH Finance, international financing arrangement services to meet our clients needs and expectations” Mr. Boyadjian said: “Through this new service our clients can finance up to 70% of their projects with flexible and low interest rates and long repayment periods. Hence, their profits will be maximized as the cost of capital decreases”.

Mr. Boyadjian added: “The MENA region has become the hot location for mega projects with huge financing requirements, we are confident that our innovative services in financing will jeopardize the local banks using conventional methods. It will open new opportunities to our clients developing infrastructure, industrial, tourism, real estate or privatization projects”.

“The synergy between VA TECH Finance and BOYADJIAN & ASSOCIATES, combining the strong underwriting capabilities and industry specialization of VA TECH with the regional experience of Boyadjian & Associates will provide our clients in the region with added value services” said Mr. Boyadjian.

“I am glad to sign this co-operation agreement with BOYADJIAN & ASSOCIATES. This agreement will enable us to expand our activities to cover MENA region. VA TECH Finance is one of the pioneers in project and export finance. We intend to use the experience gained from our worldwide operations – for which we won several performance awards – to provide distinctive services for the regional investors which are not usually offered by traditional commercial banks. We are confident that the long experience and the excellent reputation of BOYADJIAN & ASSOCIATES will enable us to penetrate the regional market” said Mr. Haag.

 


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Notes and Media Contacts

The Beirut-based, BOYADJIAN & ASSOCIATES is a leading consultancy specialized in Project Finance and Management. Committed to excellence, totally independent and focused on client satisfaction, BOYADJIAN & ASSOCIATES provides strategic financial advice, project development, management and related consulting services for governmental authorities, investors, engineering firms, contractors and corporate entities. With a track record of more than 15 years of successes, BOYADJIAN & ASSOCIATES had the opportunity to be involved in a wide range of projects totalling billions of USD, in the Middle East and North Africa region.

VA TECH Finance as a center of excellence specializes in finding comprehensive solutions to financial problems, financial project development and providing financial risk management services to projects and companies. VA TECH Finance has its head office in Vienna, Austria and subsidiaries in India, Ireland and Italy. Via its in-house financing institution VA TECH Finance (Ireland) Ltd., VA TECH acts as an arranger, lender and agent in financial transactions. VA TECH Finance has excellent relations with European institutions handling export promotion systems as well as with development and commercial banks. Its customers enjoy tailor-made financing solutions combining various financial products and sources.

Fore more information, please contact:

Mr. Victor Chabbouh
Marketing Manager
Boyadjian & Associates
Beirut, Lebanon
Phone/Fax: 961-3-065580
E-mail: victor@boyadjiangroup.com
http://www.boyadjiangroup.com

 

 


 


 

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