JBIC signed a loan agreement with PT. Korintiga Hutani (KTH), an Indonesian subsidiary of Oji Holdings Corporation. This loan will finance a woodchip manufacturing and sales project by KTH using timber from plantation forests in Central Kalimantan, Indonesia. World woodchip supply and demand is expected to tighten over the medium to long term as demand for paper expands with economic growth in emerging market countries. This loan will help Japanese companies to secure a long-term and stable supply of woodchips from plantation forests.