Loan for Printed Wiring Board Manufacturing and Sales Business of Thai Subsidiary of CMK CORPORATION
Supporting Overseas Business Expansion of Japanese Company

• Region: Asia
• Manufacturing and Services
• Overseas Investment Loans

1. The Japan Bank for International Cooperation (JBIC; Governor: HAYASHI Nobumitsu) signed on September 27 a loan agreement amounting to up to THB2,000 million (JBIC portion) with CMK CORPORATION (THAILAND) CO., LTD. (CMKT), a Thai subsidiary of CMK CORPORATION (CMK). The loan is co-financed with private financial institutions^*1, bringing the total co-financing amount to approximately THB4,398 million.
     
2. The loan is intended to finance the funds necessary for CMKT to manufacture and sell printed wiring boards (PWBs) in Thailand.
     
3. As demand for in-vehicle Multilayered PWBs is expected to grow on the back of technological innovation, such as the shift to EVs and adoption of advanced driver assistance systems (ADAS), CMK aims to increase its production capacity and share of the overseas market under its medium-term management plan. Against this backdrop, CMK intends to capture such growing demand, by establishing another plant in Thailand, which is its major manufacturing base. The loans will support CMK’s overseas business expansion, thereby contributing toward maintaining and improving the international competitiveness of Japanese industry.
     
4. As Japan’s policy-based financial institution, JBIC will continue to provide financial support to assist Japanese companies in the overseas expansion of their businesses by drawing on its various financial facilities and schemes for structuring projects and by performing its risk-assuming function.
     

Note

1. *1 
   Mizuho Bank, Ltd., Sumitomo Mitsui Banking Corporation, Kiraboshi Bank, Ltd., Resona Bank, Limited., MUFG Bank, Ltd., THE TOWA BANK, LTD., The Gunma Bank, Ltd., and Daishi Hokuetsu Bank, Ltd.