Buyer's Credit for Exporting Railway Cars
Supporting Japanese Exports of Railway Cars

  • Area: Latin America and the Caribbean
  • Infrastructures
  • Machinery and Equipment

JBIC signed a buyer's credit agreement with the Venezuelan government. The loan will provide the necessary funds for the Venezuelan state-run Instituto de Ferrocarriles del Estado (State Railways Institution) to purchase Japanese railway cars (built by NIPPON SHARYO, LTD. and TOSHIBA CORPORATION) from Marubeni Corporation to run from the capital Caracas to the neighboring city of Tuy Medio. This mass-transit public transport infrastructure project is expected to help alleviate urban traffic congestion and ease population pressures through the development of neighboring cities.

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