Global Trade Alert
Global Trade Alert

Australia: National Reconstruction Fund Corporation (NRFC) invests AUD 25 million towards Myriota

Announcement

19 Dec 2024

In December 2024, the National Reconstruction Fund Corporation (NRFC) allocated AUD 25 million to Myriota.

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Number of interventions

2

1 certainly harmful

1 likely harmful

0 liberalising

List of interventions

Implementation date

19 Dec 2024

Revocation date:

No revocation date

Updated: 19 Dec 2024
Local value added incentive In force

On 19 December 2024, the National Reconstruction Fund Corporation (NRFC) announced that it had approved financial support towards Myriota. This transaction is subject to the Australian Industry Par...

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Implementation date

19 Dec 2024

Revocation date:

No revocation date

Updated: 19 Dec 2024
Capital injection and equity stakes (including bailouts) In force

On 19 December 2024, the National Reconstruction Fund Corporation (NRFC) announced an equity investment of AUD 25 million (approx. USD 15.7 million) towards Myriota. According to authorities, the f...

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