Global Trade Alert
Global Trade Alert

Republic of Korea: KODIT allocates KRW 27.3 billion in loan guarantees to support Samsung Heavy Industries' LNG Carrier Project

Announcement

01 Nov 2021

In November 2021, the Korea Credit Guarantee Fund (KODIT) allocated KRW 27.3 billion in joint project loan guarantees to support a Samsung Heavy Industries-led project that concerns the construction of an LNG Carrier.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

01 Nov 2021

Revocation date:

No revocation date

Announced: 01 Nov 2021
Loan guarantee In force
On 1 November 2021, the Korean Credit Guarantee Fund (KODIT) announced the approval of loan guarantees having a total value of KRW 27.3 billion (approx. USD 23.2 million) in order to support Samsung H...
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