K-SURE to provide $1.3 bn credit for Saudi petrochemical project

(Maeil Business News, Seoul, 24 May 2024) The Korea Trade Insurance Corp. (K-SURE), an export credit agency, said on Thursday that it will provide mid- to long-term export financing worth 1.7 trillion won ($1.3 billion) for the mega-scale Amiral petrochemical complex project in Saudi Arabia won by South Korean construction company Hyundai Engineering and Construction Co.