AFFECTED FLOWOutflow (subsidised)
ANNOUNCED AS TEMPORARYNo
Financial assistance in foreign market
The overseas investment loan agreement between JBIC and RUPANCO INC. has a maximum amount of USD 38.6 million. The company is a consolidated group company of Japanese JX Holdings, Inc. (JXHD) in the Marshall Islands. The loan finances the consolidated group company's operating business of transporting copper concentrate produced in Chile by way of a copper concentrate and sulfuric acid carrier. The company's transportation service will in this context also assist the Chilean Caserones Copper Mine, which the Japanese company has interests in.
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.
⚑ Please report this page in case you detect an inaccuracy in its content.