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: 17 Sep 2014 | Removal date: open ended
Still in force

Financial assistance in foreign market

The overseas investment loan agreement between JBIC and the Thai company SANGO Thai Automotive Parts Company, Limited was signed on 17 September 2014. The loan has a maximum value of THB 700 million (USD 21.7 million). The Thai company is a subsidiary of Japanese Sango Co., Ltd.

The loan supports the Thai subsidiary's manufacturing and sales business of automotive parts including automotive exhaust system parts in Thailand. 

In this context, the bank stated: "This loan will support the overseas business deployment of SANGO (ed. Sango Co., Ltd), and thereby contribute to maintaining and strengthening 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.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

491 Motor vehicles, trailers & semi-trailers; parts
8708 Parts and accessories of the motor vehicles of headings 87.01 to 87.05.
870892 Silencers (mufflers) and exhaust pipes; parts thereof
492 Motor vehicle bodies; trailers & parts thereof
8707 Bodies (including cabs), for the motor vehicles of headings 87.01 to 87.05.
870710 For the vehicles of heading 87.03

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