Loan for Refrigerated Warehouse Business
Supporting the establishment of a high-quality food logistics system leveraging Japan's strengths

  • Area: Asia
  • Machinery and Equipment
  • Mid-Tier Enterprises and Small and Medium-Sized Enterprises(SMEs)

JBIC concluded a loan agreement with RYOBI HOLDINGS Co., Ltd. (RYOBI HD). This loan is intended to finance the refrigerated warehouse business conducted by Ryobi (Vietnam) Distribution Service Company Limited (RDSC), a Vietnamese subsidiary of RYOBI HD, in an industrial park in Ho Chi Minh City. RYOBI HD, a company which has developed a business spanning a wide-range of sectors, including logistics and tourism, established RDSC in February 2015 in Vietnam, where Japanese department stores continue to open new branches amid steady economic growth. RYOBI HD seeks to gain market share in the refrigerated warehouse business by providing high-quality cold chain services which is indispensable for the distribution and sale of fresh food products, including Japanese food, in Vietnam.
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