AFFECTED FLOWOutflow (subsidised)
ANNOUNCED AS TEMPORARYNo
Financial assistance in foreign market
The overseas investment loan agreements between JBIC and Vietnamese Meiko Electronics Vietnam Co., Ltd has a maximum value of USD 10 million. The Vietnamese company is a subsidiary of the Japanese company Meiko Electronics Co., Ltd. The loan finances the Vietnamese subsidiary's expansion of a printed circuit board (PCB) production facility.
In this context, JBIC stated: "...this loan will support overseas business deployment of Meiko, thereby contributing to the maintenance and improvement of the international competitiveness of Japanese industries."
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.
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