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: 04 Apr 2016 | Removal date: open ended
Still in force

Trade finance

On April 4, 2016,  a 95.167 billion yen ($855 million USD) loan agreement was signed with the Socialist Republic of Vietnam and the Japanese International Cooperation Agency (JICA) for four infrastructure projects. 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 civil engineering, materials, equipment, technology, consulting services as well as the importation of general commodities for the climate change support program. 
 
This ODA loan will be separated into four different infrastructure projects.
(1) North-South Expressway Construction Project (Da Nang – Quang Ngai Section)
(2) Lach Huyen Port Infrastructure Construction Project (Port)
(3) Lach Huyen Port Infrastructure Construction Project (Road and Bridge)
(4) Support Program to Respond to Climate Change
 
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
831 Management consulting & management services; ITC services
839 Other professional, technical & business services

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