MenuClose

  • JP
  • SearchClose
Home
About JBIC
About JBIC

This page introduces information on JBIC's role and organization.

Close

Support Menu
Support Menu

JBIC offers a range of financial products and other services to our clients.

Close

Business Areas
Business Areas

Information about JBIC's activities in each business area and its efforts for environmental conservation.

Close

Public Information
Public Information

Various reports compiled and contributed by JBIC

Close

Press Releases
Press Releases

Close

Investor Relations
Investor Relations

This page introduces information on JBIC's investor relations.

Close

Loan for Automobile Parts Manufacturing and Sales Business of Japanese Company in Vietnam
Supporting Overseas Business Deployment of Mid-Tier Enterprises and SMEs

  • Region: Asia
  • Manufacturing and Services
  • Mid-tier Enterprises and Small and Medium-Sized Enterprises(SMEs)
  • Overseas Investment Loans

June 26, 2015
  1. The Japan Bank for International Cooperation (JBIC; Governor, CEO: Hiroshi Watanabe) signed a loan agreement on June 25 amounting up to USD2.8 million (JBIC portion) with UCHIYAMA VIETNAM INC. (UVI), a Vietnamese subsidiary of Uchiyama Manufacturing Corp. (UCHIYAMA MANUFACTURING; Headquarters: Okayama Prefecture; Presiden & CEO: Kenzo Uchiyama). The loan is cofinanced with The Bank of Tokyo-Mitsubishi UFJ, Ltd.
     
  2. The loan is intended to finance the automobile parts manufacturing and sales business of UVI in Binh Duong Province, Vietnam. The fund will be used for the expansion of production facility*1.
     
  3. UCHIYAMA MANUFACTURING, established in 1898, is a small and medium-sized enterprise (SME) manufacturing and selling industrial rubber products, with the advanced technology in manufacturing bearing seals and gaskets mainly for automobiles. The company established UVI in Vietnam in 2000, and plans to expand its market share through the expansion of production facility, while automobile parts market is expected to grow centering on the Asian region against the backdrop of steady economic growth. Thereby, the loan will contribute to maintaining and strengthening of the international competitiveness of Japanese industries through supporting the overseas business deployment of UCHIYAMA MANUFACTURING.
     
  4. As Japan's policy-based financial institution, JBIC will continue to support the overseas business deployment of Japanese companies, including mid-tier enterprises and SMEs, in growing markets such as Vietnam, by drawing on its various financial facilities and schemes for structuring projects, and performing its risk-assuming function.
Note
  1. *1 In June 2014, JBIC also signed a loan agreement for USD4.9 million to finance UVI's production facility expansion. For more detail, see Press Release on June 19, 2014.

Related Information

Search press releases

Fiscal Years
Sectors
Region
Finance Menu