Global Trade Alert
Global Trade Alert

Japan: JBIC approves funding to two Indonesian companies to carry out renewable energy projects

Announcement

15 Dec 2022

In December 2022, Japan Bank for International Cooperation signed a loan agreement totalling up to USD 30 million with PT Perusahaan Perseroan and PT Pertamina, to finance decarbonisation projects in Indonesia. Additionally, the bank also provided a USD 20 million guarantee so the companies could access private funding from other commercial banks.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

14 Dec 2022

Revocation date:

No revocation date

Trade finance In force

On 14 December 2022, the Japan Bank for International Cooperation (JBIC) signed a loan agreement for USD 30 million with PT Perusahaan Perseroan and PT Pertamina from the Republic of Indonesia. The st...

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