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JBIC joins banks to support Panama Canal expansion

28 October 2008

JBIC will provide a direct loan to the Panama Canal authority to help fund the canal's expansion, and joins a list of development banks who are also supporting the scheme.

Read more: JBIC Panama Canal

The Japan Bank for International Cooperation (JBIC) is set to sign an $800 million in debt financing for the expansion of the Panama Canal.

JBIC will provide $400 million in direct loans while Mitsubishi UFJ...


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