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: 27 Sep 2012 | Removal date: open ended
Still in force

Financial assistance in foreign market

The overseas investment loan agreement between JBIC and the Thai company Nippon Steel Galvanizing (Thailand) Co., Ltd. has a maximum value of USD 111 million. The company is a subsidiary of the Japanese company Nippon Steel Corporation (NSC). This loan finances the Thai subsidiary's establishment of a new production line of hot-dip galvanised steel sheets in the Rayong Province, Thailand.

In this context, the Bank stated: "This loan will support NSC in its manufacturing and sales of hot-dip galvanized steel sheets in Thailand, thereby contributing to maintaining and improving the international competitiveness of the Japanese steel industry."

Overseas investment loans
JBIC provides direct loans named overseas investment loans to Japanese companies, overseas affiliates or joint ventures where Japanese companies hold equity interests and governments or financial institutions partying with such overseas affiliates. Loans support projects in specific sectors or with a specific purpose of interest to Japan. Further information can be found on the Bank’s website under overseas investment loans.

The GTA includes state guarantees and other financial incentives that are likely to affect the restructuring and performance of firms facing international competition, whether from imports, in export markets and from foreign subsidiaries.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

412 Products of iron or steel
7210 Flatrolled products of iron or nonalloy steel, of a width of 600 mm or more, clad, plated or coated.
721030 Electrolytically plated or coated with zinc
721041 Corrugated
721049 Other
721070 Painted, varnished or coated with plastics
721090 Other

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