View of the seminarJBIC held its "JBIC Project Finance Seminar (three 2-day sessions)" for regional banks at its head office (Chiyoda-ku, Tokyo), starting February 2015. In the three sessions, JBIC staff in charge of project finance gave lectures on the following subjects: 1. Fundamentals of project finance (PF) market trends, risk analysis, and risk control techniques; 2. Practice with a focus on project/finance agreements and project management; and 3. Case studies of examples of JBIC's projects.
JBIC has been involved in co-financing projects to support the overseas business deployment of mid-tier enterprises and small- and medium-sized enterprises (SMEs) and also actively promoting collaboration with regional banks by holding seminars and providing information on overseas investment. In addition to these efforts, in recent years, cooperation with regional banks in the form of taking the risk of foreign companies are increasing, and cooperation in PF is expected to expand in the future. Under these circumstances, JBIC held this series of seminars to meet the need for acquisition of PF knowledge by regional banks with which JBIC has various forms of cooperative relationships, and each seminar was attended by around 30 participants in charge of PF at regional banks.
| Seminar 1: Fundamentals (Feb 25th (Wed) 14:00-17:00 and 26th (Thu) 9:30-12:30) |
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| 1. "PF Market Trends" by Vice Committee Chair Toyoda of the PF Committee 2. "Basics of PF" by Vice Committee Chair Toyoda of the PF Committee 3. "Risk Analysis and Risk Control Techniques" by Director Sekine of the Corporate Finance Department |
| Seminar 2: Practice (Apr 22nd (Wed) 14:00-17:00, and 23rd (Thu) 9:30-12:30) |
| 1. "Contracts related to Projects" by Director Sekine of the Corporate Finance Department 2. "Contracts related to Financing" by Director Tagaya of the Legal Affairs Division, Legal Affairs and Compliance Office 3. "Practice of Risk Control" by Director Tagaya of the Legal Affairs Division, Legal Affairs and Compliance Office |
| Seminar 3: Case Studies (Jun 24th (Wed) 14:00-17:00, and 25th (Thu) 9:30-12:30) |
| 1. "Example Power Generation Project" by Deputy Director Ohta and Deputy Director Marushima of the Power and Water Finance Department 2. "Example Resource Project" by Director Kida of the Oil and Gas Finance Department, and Deputy Director General Iwao of the Mining and Metals Finance Department |
Deputy Director Marushima presenting an I(W)PP case study in Abu Dhabi
Committee Chair Yamada of the PF Committee giving his closing remarksAfter the seminar, Committee Chair Yamada of the PF Committee gave closing remarks to the effect that JBIC plans to respond positively to the needs of human resources development in order to further collaborate with regional banks in the field of PF, as the direction of business in the future is expected to change with the changes of the times. Also, Director Sekine indicated that he is happy to share the know-how that JBIC has accumulated, through further collaboration with regional banks, in formulating the PF project.
The following comments were received from participants: "I was able to deepen my understanding of PF practice through the lectures, including the examples." "The case studies in the power generation and resources sectors and the presentation of market trends by country were meaningful." "I would like to continue to deepen my understanding of the formulation of PF."
JBIC continues to provide a broad range of information on overseas investments through the holding of seminars and lectures, to support the overseas business deployment of Japanese companies.