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Global Trade Alert

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Germany: KfW provides financing to support Westconnect GmbH’s expansion of fibre-optic network

Description

On 11 May 2023, the KfW IPEX-Bank announced providing a EUR 433 million (USD 475.5 million) investment loan to German company Westconnect in order to support the company's expansion of fibre optics in...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

11 May 2023

Revocation date

No revocation date

Implementation level

NFI

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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