ANNOUNCEMENT 31 Oct 2013

In October 2013, the German Export Crediting Agency announced its support of an export project concerning the delivery of an ammonia converter plant to Trinidad & Tobago.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising
Inception date: 31 Oct 2013 | Removal date: open ended
Still in force

Trade finance

The export loan was announced in October 2013 and finances the delivery of an ammonia converter plant ('Ammoniakkonverteranlage') to Trinidad & Tobago. The benefitting German exporter is PROMAN Gesellschaft für Projektmanagement mbH, Düsseldorf.

The German Eximbank only publishes value ranges for the projects it finances. The present project is in category 2. This category includes projects with a financing value between 16 and 50 million EUR. The GTA assumes the lower bound amount of the respective category, in this case 16 million EUR (22 million USD), as the conservative estimate of the project value.

The maturity of the loan will be 10 years. The financing institution is KfW IPEX-Bank GmbH, Frankfurt.

AFFECTED SECTORS

 

AFFECTED PRODUCTS

 
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