ANNOUNCEMENT 31 May 2010

In May 2010, the German Export Crediting Agency announced its support of an export project concerning the delivery of a production line for a cement production plant to Vietnam.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising
Inception date: 31 May 2010 | Removal date: open ended

Trade finance

The export loan was announced in May 2010 and finances the delivery of a production line for a cement production plant ('Produktionslinie für ein Zementwerk') to Vietnam. The benefitting German exporter is LOESCHE GmbH.

The German Eximbank only publishes value ranges for the projects it finances. The present project is in category 3. This cagegory includes projects with a financing value between 51 and 100 million EUR. The GTA assumes the lower bound amount of the respective category, in this case 51 million EUR (63 million USD), as the conservative estimate of the project value.

The maturity of the loan is not specified. The financing institution is not identified in this case.

AFFECTED SECTORS

 

AFFECTED PRODUCTS

 
N/A