Investment Credit Line for Thai Subsidiary of Tokyo Century Corporation
Supporting Introduction of Energy-Efficient Equipment in Thailand through Finance Lease—First Project under AZEC-SAVE Platform

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

1. The Japan Bank for International Cooperation (JBIC; Governor: HAYASHI Nobumitsu) signed today a General Agreement to provide an investment credit line with TISCO Tokyo Leasing Co., Ltd. (TTLCL), a Thai subsidiary of Tokyo Century Corporation, amounting to up to USD30 million (JBIC portion) to support energy conservation initiatives in Thailand. This credit line is co-financed with private financial institutions, bringing the total co-financing amount to USD50 million.
     
2. This credit line is set up in the form of an overseas investment loan and is intended to provide TTLCL with the necessary funds to offer finance leases for equipment that contributes to global environmental conservation, such as energy-saving devices, to be introduced in Thailand.
     
3. The Thai government has announced its decarbonization targets of achieving carbon neutrality by 2050 and net zero emissions by 2065. In Thailand, where manufacturing bases for automobiles, electrical and electronic industries are concentrated, reducing greenhouse gas (GHG) emissions in the industrial sector is an urgent issue. For Japanese companies expanding into Thailand, efforts to reduce energy consumption through conservation are particularly important from the perspective of reducing their Scope 2 and 3 emissions in accordance with GHG Protocol. Against this backdrop, the AZEC-Smart and Advanced Value-chain for Environment (AZEC-SAVE) platform^*1 was launched in Thailand on April 29, 2025. It was established under the Asia Zero Emissions Community (AZEC) efforts, which is led by the government of Japan and aims to pursue carbon neutrality and economic growth, tailored to the circumstances of each country.
     
4. This project is the first to which JBIC has provided a loan under the AZEC-SAVE platform. By providing long-term financing to TTLCL, which operates an energy-saving equipment finance leasing business in Thailand, the loan aims to promote the introduction of Japanese energy-saving technologies and services in Thailand, support Japanese companies operating there in reducing Scope 2 and 3 emissions, and contribute toward achieving decarbonization in the country. Through this loan and other initiatives, JBIC supports global environmental preservation and energy conservation in Thailand under the AZEC-SAVE platform.
     
5. As Japan’s policy-based financial institution, JBIC will continue to financially support initiatives for global environmental preservation by drawing on its various financial facilities and schemes for structuring projects, cooperating with other Japanese public institutions, and performing its risk-assuming function.
     

Note

1. *1 
   See Announcement on May 2, 2025.