JBIC signed a project finance loan agreement with the U.K. company Agility Trains West Limited, a consortium led by Hitachi, Ltd., to fund the Intercity Express Programme (Great Western Main Line). This is one of the major projects of the British government, and is expected to make a significant contribution to the long-term and stable provision of railway services in the U.K.
||Constructing and refurbishing railway depots; lease trains to a franchised train operating company of the Great Western Main Line network; and maintain trains at the depots constructed or refurbished for a period of around 30 years.
||Agility Trains West Limited
||July 24, 2012
||Hitachi Ltd. (Hitachi), John Laing Investments Limited
|Related Japanese Companies
||Hitachi, The Bank of Tokyo-Mitsubishi UFJ, Ltd., Mizuho Corporate Bank, Ltd., Sumitomo Mitsui Banking Corporation, Mitsubishi UFJ Trust and Banking Corporation, and Sumitomo Mitsui Trust Bank, Limited
|Total Cofinancing Amount
||Approx. 2.2 billion pounds sterling
|JBIC Loan Amount
||Approx. 1.0 billion pounds sterling