Loan for Shipbuilding Business by Japanese Corporation
Supporting the overseas business deployment of mid-tier enterprises and SMEs

  • Area: Latin America and the Caribbean
  • Marine and Aerospace

JBIC concluded a loan agreement with Tsuneishi Holdings Corporation (Tsuneishi HD) to provide the funds necessary for Paraguay-based Astillero Tsuneishi Paraguay S.A. (ATP), a local subsidiary of Tsuneishi Shipbuilding Co., Ltd. which is affiliated with Tsuneishi HD, to build river barges*1 and barge pushers*2. Tsuneishi HD, a SME conducting shipbuilding and shipping operations business globally, builds various types of ships centering on bulk carriers, in Japan and overseas. The company's new business of building barges and barge pushers in South America is expected to experience firm growth in the steady demand in the future because of an increase in river shipping. Thus, Tsuneishi HD plans to expand its production and sale of river barges and barge pushers in South America through the investment in ATP. JBIC will contribute to maintaining and strengthening the international competitiveness of the Japanese shipbuilding industry by supporting such overseas business deployment of mid-tier enterprises and SMEs.
Note
  1. *1A barge is a flat boat that carriers cargo on inland waterways, such as rivers and canals, and in harbors. Because barges do not have engines, they cannot propel themselves.
  2. *2Barge pushers are equipped with an engine and push barges.
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