-
July
Photos from Trade Finance Magazine’s 5th Annual Asia Awards Dinner held in Hong Kong.
-
Sole MLA Citi has finalised the export credit agency supported financing of PetroVietnam’s Nhon Trach 2 combined cycle power plant project – the largest ECA facility ever arranged in Vietnam.
-
China is to invest $10 billion in Argentina’s railways in a major win for Chinese exporters, as part of a spate of agreements signed between the two nations.
-
Offset fulfilment and advisory specialist C&I Projects Group is widening its remit to undertake a greater range of industrial, corporate and financial applications.
-
International law firm Reed Smith has appointed four new partners to its energy, trade and commodities group in London.
-
Three export credit agencies have signed agreements to provide loans and guarantees for the Emirates Aluminium project in the United Arab Emirates – augmenting the original financing.
-
South Korean power equipment manufacturer Doosan Heavy Industries and Construction has signed a deal with Korea Electric Power Corporation to provide a nuclear reactor to the UAE.
-
US Ex-Im has reconsidered the rejection of Reliance Power’s loan application for the Sasan coal power plant project in light of information on additional renewables projects.
-
June
Total and Aramco’s Saudi Arabia-based Jubail oil refinery merchant financing has signed its project financing.
-
Banks have signed a jumbo project financing for Saudi Electricity Co’s (SEC) 1,730MW gas-fired independent power project (IPP) Riyad PP1.
-
India’s Ministry of Commerce will create a sovereign-backed fund to boost trade and investment for domestic power utilities in South Asia.
-
The Qatari government and its subsidiaries are to make enormous spends on infrastructure projects within the next four years.
-
The European Investment Bank has signed a loan facility with DONG Energy to finance the construction of the London Array offshore wind farm.
-
Seven banks and two export credit agencies are expected to lead the financing for Oman’s Barka 2 and Sohar 3 IPPs that will soon awarded to the GDF Suez-led consortium.
-
Industrial and Commercial Bank of China may provide financing, export credit and advisory services for Union Railway, a United Arab Emirates railway project.
-
The Islamic Corporation for the Insurance of Investment and Export Credit has opened an office in the Dubai International Financial Centre to expand its business in the Middle East and North Africa.
-
May
Asian Development Bank has signed a grant to build a railway line that connects the Afghan city of Mazar-e-Sharif to Uzbekistan's expansive rail network and regional markets in Europe and Asia.
-
KfW IPEX-Bank is financing two RoPax ferries to be built by the German shipyard Volkswerft Stralsund for the German-Danish ferry operator Scandlines.
-
While the Turkish bank syndication market goes from strength to strength, the country is striving to increase its exports into the markets of Africa and the Middle East. Sam McManus speaks to the people on the ground.
-
April
State-owned railway operator Russian Railways has announced its investment plans for the first quarter of 2010.
-
The Inter-American Development Bank is increasing the amount of capital available for wind, solar and hydro projects.
-
WestLB’s hires New York–based director for its global infrastructure team.
-
Cotecna’s pre-shipment inspection contract has been expanded to include the installation of a mobile container scanner at the port of Ponte-Noire.
-
Lead arrangers Banca de Inversion Bancolombia and the Central American Bank for Economic Integration have closed financing of the Jaguar coal power project in Guatemala.
-
March
Citibank has opened the Jebel Ali Financial Centre, Dubai, to provide business and financial solutions for small and mid-market enterprises.
-
February
US Ex-Im and Banobras have signed a memorandum to support up to $1 billion in US exports to back Mexico’s infrastructure development programme.
-
UPS is to play a crucial role in the NEI, encouraging US SME exporters to take their products to more international markets through a partnership with the US Commercial Service.
-
Russia’s Vnesheconombank and Abkhazia’s Universal-bank have signed a general agreement of cooperation to promote trade.
-
Serbia’s state-owned Srbijagas has received an EBRD sovereign loan that will finance the upgrade of its gas transmission network as well as repay its short-term loans.
-
The European Bank of Reconstruction and Development has signed a MoU to invest in infrastructure and industrial projects in Kazakhstan.
-
January
Two major free trade agreements with the Association of South East Asian Nations (ASEAN) have come into effect.