IMPLEMENTATION LEVEL

NFI

AFFECTED FLOW

Outflow (subsidised)

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

firm-specific

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 19 Nov 2012 | Removal date: open ended
Still in force

Trade finance

On 19 November 2012, the Japan Bank for International Cooperation (JBIC) agreed with the government of Indonesia to offer an export loan to finance the installation of power substations and underground cables in Jakarta.
The loan amounts to JPY 2.065 billion (US$ 21.83 million), of which JPY 1.239 billion (US$ 13.1 million) are provided by JBIC and the rest by Mizuho Corporate Bank, Ltd. Furthermore, Nippon Export and Investment Insurance (NEXI) provides buyer's credit insurance.
The loan is extended with the purpose of buying Japanese power supply infrastructure.
The JBIC argued that 'the loan will contribute to maintaining and improving the international competitiveness of Japanese exporters'.
 
The JBIC is a public financial institution and export credit agency created on 1 October 1999 through the merger of the Japan Export-Import Bank and the Overseas Economic Cooperation Fund.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

Please report this page in case you detect an inaccuracy in its content.