Export Loan for Urea Fertilizer Plant in Russia
Supporting Japanese Exporters through Local Financial Institutions

  • Area: Europe
  • Machinery and Equipment

JBIC signed a loan agreement with Vnesheconombank (VEB) in Russia to finance the purchase of a whole set of machineries and equipment by Joint Stock Company Ammoni in Russia, from Mitsubishi Heavy Industries, Ltd. and Sojitz Corporation for constructing a urea fertilizer plant in Mendeleevsk, the Republic of Tatarstan, Russia. It is expected that this loan will help to expand Japanese companies’ business opportunities in Russia.

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