ANNOUNCEMENT 19 Jul 2016

In July 2016, the Swiss Export Risk Insurance (SERV) announced its support of an export project concerning the delivery of mechanical and electrical equipment, ready to use procurement, construction and commissioning of phase II of the Awash Weldia railway project in Ethiopia.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising
Inception date: 19 Jul 2016 | Removal date: open ended
Still in force

Trade finance

The project value is 90 million CHF (91 million USD) and it finances the delivery of mechanical and electrical equipment, ready to use procurement, construction and commissioning of phase II of the Awash Weldia railway project by an unidentified exporter.

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 a buyer credit insurance (category B).

AFFECTED SECTORS

 

AFFECTED PRODUCTS