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: 30 May 2016 | Removal date: open ended
Still in force

Trade finance

On May 30th, 2016, a 166.124 billion yen ($1.49 billion USD) loan agreement was signed with the Socialist Republic of Viet Nam and the Japanese International Cooperation Agency (JICA) for infrastructure developments. This loan will be part of the Japanese International Cooperation Agency's STEP program which implies that the loan will go towards providing Vietnam with Japanese consulting for railroad construction, procurement of Japanese materials, Japanese consultancy, equipment and the construction of power plants.
 
The ODA loan agreement is for three major projects. 
(1) Ho Chi Minh City Urban Railway Construction Project (Ben Thanh – Suoi Tien Section )
(2) Thai Binh Thermal Power Plant and Transmission Lines Construction Project
(3) Second Ho Chi Minh City Water Environment Improvement Project 
 
Special Terms for Economic Partnership (STEP)
A stipulation in JICA ODA loan agreements is the utilization of advanced Japanese technologies and the employment of Japanese firms in overseas projects.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

532 Civil engineering works
541 General construction services of buildings
542 General construction services of civil engineering works
673 Supporting services for railway transport
831 Management consulting & management services; ITC services

Please report this page in case you detect an inaccuracy in its content.