JBIC signed an agreement for equity participation in the fund investing in Vietnamese growth companies. This fund, jointly managed by Dream Incubator Inc. and ORIX Corporation, is launched with an initial capital commitment of about 5 billion yen, of which JBIC contributes up to 1 billion yen.
This is a private equity fund making investments in companies that need funding and technologies to grow and also provides support for them in such areas as matchmaking business alliances with Japanese companies, thereby aiming to increase their corporate value. Its investments are expected to stimulate the growth of Vietnamese firms, while helping facilitate business development for Japanese firms in Viet Nam, a country which is promising as a manufacturing base as well as a market for consumer products.
JBIC actively supports funds where Japanese firms perform a major role in management and making investment decisions, while contributing to overseas business development of Japanese firms.