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: 31 Dec 2008 | Removal date: open ended
Still in force

Trade finance

The export loan was announced in December 2008 and finances deliveries and services linked to the construction of a 750 MW gas and steam power station Ca Mau 2 ('Lieferungen und Leistungen im Rahmen der Errichtung des 750 MW Gas-und Dampfkraftwerkes Ca Mau 2') in Vietnam. The benefitting German exporter is Siemens AG.

The German Eximbank only publishes value ranges for the projects it finances. The present project is in category 5. This category includes projects with a financing value of over 200 million EUR. The GTA assumes the lower bound amount of the respective category, in this case 201 million EUR (281 million USD), as the conservative estimate of the project value.

The maturity of the loan will be 8 years. The financing institution is a consortium: led by KfW, Frankfurt with Caylon, Paris and Fortis Bank, Paris.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

462 Electricity distribution & control apparatus; parts
8535 Electrical apparatus for switching or protecting electrical circuits, or for making connections to or in electrical circuits (for example, switches, fuses, lightning arresters, voltage limiters, surge suppressors, plugs and other connectors, junction boxe
853510 Fuses
853521 For a voltage of less than 72.5 kV
853529 Other
853530 Isolating switches and makeandbreak switches
853540 Lightning arresters, voltage limiters and surge suppressors
853590 Other

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