Loan for the Manufacture and Sales of Sintered Alloy Parts for Automobiles
Supporting Japanese companies' business deployment in Indonesia with local currency loans

  • Area: Asia
  • Manufacturing and Services

JBIC signed a loan agreement in Indonesian rupiah with PT. SUMIDEN SINTERED COMPONENTS INDONESIA (SSI), a subsidiary of Sumitomo Electric Sintered Alloy, Ltd. This loan will provide funds for SSI to build a new plant, which will enable Sumitomo Electric Industries, Ltd., the parent company of Sumitomo Electric Sintered Alloy, Ltd., to manufacture and sell sintered alloy parts for automobiles in Indonesia through SSI. This loan will contribute to maintaining and strengthening the international competitiveness of Japanese auto parts manufacturers.

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