Loans for the Manufacture and Sales Business of Cosmetics Containers
Supporting overseas business deployment of mid-tier enterprises and SME

  • Area: Asia
  • Manufacturing and Services
  • Mid-Tier Enterprises and Small and Medium-Sized Enterprises(SMEs)

JBIC concluded two loan agreements with GLASEL CO., LTD. (GLASEL). These loans are intended to finance the manufacture and sales business of cosmetics containers by GLASEL (THAILAND) CO., LTD. (GTCL), a subsidiary of GLASEL in Thailand. GLASEL is an SME that plans, designs, and sells a wide range of containers for cosmetics, medicine, reagents, and health foods. In the ASEAN region demand is increasing, as the middle-income class is growing in line with economic development. GTCL was established to capture market share related to cosmetics in ASEAN. As Japan's policy-based financial institution, JBIC will continue to financially support the overseas business deployment of Japanese companies in growing markets such as Thailand.
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