ANNOUNCEMENT 30 Jun 2010

In June 2010, the Swiss Export Risk Insurance (SERV) announced its support of an export project concerning the construction of a power plant (3x10MW and 2x5MW) in Algeria.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising
Inception date: 30 Jun 2010 | Removal date: open ended

Trade finance

The project value is 103 million CHF (96 million USD) and it finances the construction of a power plant (3x10MW and 2x5MW) by TURBOMACH SA.

The maturity of the loan will be longer or equal to two years. The SERV differentiates between nine categories of fiancial support. The present project is not further specified.

For cases before December 2011, the SERV does not announce precise implementation dates. For these cases, the GTA assumes the end of the reference period for the source document as the project's announcement date. In this case, June 2010.

AFFECTED SECTORS

 

AFFECTED PRODUCTS