The Japan Bank for International Cooperation (JBIC; Governor: HAYASHI Nobumitsu) signed on June 27 a loan agreement amounting to up to JPY1,440 million (JBIC portion) with VALQUA VIETNAM CO., LTD. (VALQUA VIETNAM), a subsidiary of VALQUA, LTD. (VALQUA). The loan is co-financed with Sumitomo Mitsui Banking Corporation and the Sumitomo Mitsui Trust Bank, Limited, bringing the total co-financing amount to JPY2,400 million equivalent.
The loan is intended to provide the necessary funds for VALQUA VIETNAM to manufacture and sell sealing solutions and resin materials for the semiconductor industry in Vietnam.
Semiconductors are indispensable core components used across various products and essential for supporting supply chains in a digital society. From the standpoint of economic security, ensuring technological development and manufacturing capacity is becoming an increasingly important issue. VALQUA is a manufacturer that produces and sells sealing products, resin products, and other items for a wide range of industries, including the semiconductor and chemical plant sectors. The products manufactured and sold by the company are essential components used in semiconductor manufacturing equipment and related plants. Amid the expanding semiconductor market, the company is working to enhance its production capacity for products used in the semiconductor industry. To capture growing demand, it aims to expand a factory in Vietnam, which serves as a key manufacturing base.
The loan will support VALQUA’s business expansion into Vietnam, thereby contributing toward maintaining and improving the international competitiveness of Japanese industry. In addition, by ensuring a stable supply of VALQUA’s semiconductor-related products to Japanese semiconductor equipment manufacturers and fabrication plants, the loan will also help strengthen the resilience of Japan’s semiconductor supply chain.
As Japan's policy-based financial institution, JBIC will continue to actively provide financial support for the overseas business expansion of Japanese companies by drawing on its various financial facilities and schemes for structuring projects, and by performing its risk-assuming function.
