ANNOUNCEMENT 07 Jun 2018

In June 2018, the KfW IPEX-Bank announced providing financing for the Rapid Metro South Extension Project in India.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising

SOURCE

KfW IPEX-Bank, KfW IPEX-Bank provides financing with Hermes cover for metro in Gurugram, India, press release of 7 June 2018: https://www.kfw-ipex-bank.de/Presse/News/News-Details_473152-2.html

Inception date: 07 Jun 2018 | Removal date: open ended
Still in force

Trade finance

On 7 June 2018, the KfW IPEX-Bank announced providing a loan of a total value of EUR 23.4 million (USD 27.56 million). The loan supports the export of rolling stock as well as the signalling and the power system from a large German manufacturer for the Indian Rapid Metro South Extension Project.

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AFFECTED PRODUCTS