AFFECTED FLOWOutflow (subsidised)
ANNOUNCED AS TEMPORARYNo
Financial assistance in foreign market
The overseas investment loan agreement between JBIC and Japanese KAIHARA CORPORATION was signed on 24 September 2014. The loan has a maximum value of USD 37 million.
The loan supports the Japanese company's manufacturing and sales of denim fabric in Thailand through KAIHARA (THAILAND) CO., LTD. (KTC), a Thai subsidiary of KAIHARA CORPORATION.
In this context, the bank stated: "The loan will support such overseas business deployment of KAIHARA 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.
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