ANNOUNCEMENT 01 Apr 2019

On April 1st, 2019, Japan Bank for International Cooperation (JBIC) announced a loan to Japanese Hitachi Zosen Co., Ltd. for the investment in Swedish HZI Jönköping Biogas's waste treatment plant.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising

SOURCE

JBIC (2019) 日立造船株式会社のスウェーデン王国法人が実施する廃棄物処理事業に対する融資 Financing for waste disposal business implemented by Swedish company of Hitachi Zosen Corporation
https://www.jbic.go.jp/ja/information/press/press-2019/0401-012061.html

Inception date: 01 Apr 2019 | Removal date: open ended
Still in force

Financial assistance in foreign market

On April 1st, 2019, Japan Bank for International Cooperation (JBIC) announced a loan of 120 million SEK for Japanese Hitachi Zosen Co., Ltd. to invest in Swedish HZI Jönköping Biogas's waste treatment plant. With this loan Hitachi Zosen will gain a foothold in the Swedish waste treatment facility and promote it's expansion. 

Overseas investment loans 
JBIC provides direct loans named overseas investment loans to Japanese companies, overseas affiliates or joint ventures where Japanese companies hold equity interests and governments or financial institutions partying with such overseas affiliates. Loans support projects in specific sectors or with a specific purpose of interest to Japan. Further information can be found on the Bank’s website under overseas investment loans.

The GTA includes state guarantees and other financial incentives that are likely to affect the restructuring and performance of firms facing international competition, whether from imports, in export markets and from foreign subsidiaries

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