Global Trade Alert
Global Trade Alert

United States of America: DFC provides $1.1 billion loan to Ginkgo Bioworks to support the expansion of its commercial biosecurity business (COVID-19)

Announcement

25 Nov 2020

In November 2020, DFC provided a $1.1 billion loan to Ginkgo Bioworks to facilitate the mass production of key raw materials for vaccines and to support the expansion of COVID-19 testing capacity.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

25 Nov 2020

Revocation date:

No revocation date

State loan In force

On 25 November 2020, the U.S. International Development Finance Corporation (DFC) announced providing a loan of up to USD 1.1 billion to Ginkgo Bioworks, Inc. to facilitate the mass production of key ...

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