Korea Eximbank has extensive experience financing oil and gas projects globally and in Iran. It has provided over $11 billion for projects in the Middle East including $625 million for South Pars Phase 9 and 10 in Iran. The bank utilizes framework agreements and provides loans, guarantees, and financial advisory services to support sectors like oil and gas, infrastructure, and healthcare. It has worked with other export credit agencies on large projects and aims to be a total financial solutions provider for Korea-Iran economic partnerships.
Ipp business analysis & financial modeling summaryJi Won Seo
This document summarizes the financing structure of an IPP project in Oman. It had total capital costs of US$1.6 billion, with 76% of costs covered by debt and 24% by equity. The largest lenders were JBIC and commercial banks, providing US$1.2 billion of the total debt financing. Key risks like fuel costs and offtaker payment default were mitigated by long-term contracts. Financial modeling showed the project would meet its minimum debt service coverage ratio of 1.05 through fixed capacity payments, fuel cost pass-throughs, and other income sources like deferred taxes. Maintaining required debt service reserves would be difficult based on the project's cash flows alone.
Ports Development in Myanmar (BURMA) together with the development of Special Economic Zones (SEZs), and supply base options for Myanmar Oil and Gas Offshore Industry
We are currently in the midst of one of the deepest downturns in the upstream industry in recent years. Challenging times are ahead for those looking to invest capital and grow their companies in this environment.
Petroleum Economics is all about the allocation of scarce resources. Investment capital is certainly that scarce resource at the moment. In this environment, companies are looking for people to develop highly advanced skills in upstream petroleum economic and financial analysis
This document summarizes key concepts and questions from an international finance textbook chapter on the international flow of funds. It provides answers to 10 questions on topics like the components of a country's current account and capital account, how inflation and government restrictions can affect international payments, the objectives of the IMF in facilitating international trade, and how exchange rate fluctuations impact trade balances. The answers analyze these concepts concisely at a high level.
In low oil-price environments, it is customary to cut expenses, reduce staff, and postpone most, if not all, capital investments. While this strategy may be financially sound in the short term, it is ineffective in the long run, particularly for companies with the need to sustain production levels or to replace reserves through drilling, production or reservoir projects. Heavy oil projects are usually more challenging, as production costs are higher and the oil price is even lower.
This presentation addresses the dilemma of controlling cost and at the same time sustaining production and increasing recovery. A balance can be struck by focusing on the quality of decisions, such as when and where to invest, and ensuring that projects are delivered on- budget, a common issue in the E&P industry. The central idea in this presentation is that, in the most complex and financially challenging case of Enhanced Oil Recovery (EOR) projects, the combination of quality decision making and the implementation of “fit-for-purpose” technology offers the most promising middle-point. By providing eight examples of innovative technologies to help reduce uncertainty, cost and time for delivering commercial EOR oil, and three successful case studies, the audience will gain confidence in the proposition that it is perfectly viable to double recoveries for many of our fields in the next 15 years, even in the current price scenario.
Finally, EOR is a business, and as such it needs to compete favorably with other businesses in a company’s E&P portfolio - challenging in low oil price environments. The lecture will close by presenting a strategy, illustrated with an example, on how to divert from the traditional engineering approach in favor of a managerial decision approach, that will help engineers to justify viable recovery projects.
A Project Report on NPA Management in J & K BankRaoufnaikoo
This document is a summer training project report submitted by Ab. Raouf Naikoo to Punjabi University in partial fulfillment of an MBA degree. The report focuses on NPA (non-performing asset) management at J&K Bank in Kashmir. It includes an introduction to the banking industry and J&K Bank, background information on NPAs, a literature review, research methodology, data analysis, findings, and suggestions. The report was completed under the guidance of Mr. Tariq Ahmad, Deputy Branch Head at J&K Bank Kulgam.
CAMELS MODEL Analysis on Banking Sector.Ranga Nathan
The document discusses CAMELS ratings which are used to assess the overall condition of banks. The CAMELS acronym refers to six components evaluated: Capital adequacy, Asset quality, Management, Earnings, Liquidity, and Sensitivity to market risk. Ratings are assigned on a scale of 1 to 5 with 1-2 indicating few supervisory concerns and 3-5 indicating increasing supervisory concerns. The document then provides details on the components of CAMELS ratings and analyzes four Indian banks based on their capital adequacy ratios.
Ipp business analysis & financial modeling summaryJi Won Seo
This document summarizes the financing structure of an IPP project in Oman. It had total capital costs of US$1.6 billion, with 76% of costs covered by debt and 24% by equity. The largest lenders were JBIC and commercial banks, providing US$1.2 billion of the total debt financing. Key risks like fuel costs and offtaker payment default were mitigated by long-term contracts. Financial modeling showed the project would meet its minimum debt service coverage ratio of 1.05 through fixed capacity payments, fuel cost pass-throughs, and other income sources like deferred taxes. Maintaining required debt service reserves would be difficult based on the project's cash flows alone.
Ports Development in Myanmar (BURMA) together with the development of Special Economic Zones (SEZs), and supply base options for Myanmar Oil and Gas Offshore Industry
We are currently in the midst of one of the deepest downturns in the upstream industry in recent years. Challenging times are ahead for those looking to invest capital and grow their companies in this environment.
Petroleum Economics is all about the allocation of scarce resources. Investment capital is certainly that scarce resource at the moment. In this environment, companies are looking for people to develop highly advanced skills in upstream petroleum economic and financial analysis
This document summarizes key concepts and questions from an international finance textbook chapter on the international flow of funds. It provides answers to 10 questions on topics like the components of a country's current account and capital account, how inflation and government restrictions can affect international payments, the objectives of the IMF in facilitating international trade, and how exchange rate fluctuations impact trade balances. The answers analyze these concepts concisely at a high level.
In low oil-price environments, it is customary to cut expenses, reduce staff, and postpone most, if not all, capital investments. While this strategy may be financially sound in the short term, it is ineffective in the long run, particularly for companies with the need to sustain production levels or to replace reserves through drilling, production or reservoir projects. Heavy oil projects are usually more challenging, as production costs are higher and the oil price is even lower.
This presentation addresses the dilemma of controlling cost and at the same time sustaining production and increasing recovery. A balance can be struck by focusing on the quality of decisions, such as when and where to invest, and ensuring that projects are delivered on- budget, a common issue in the E&P industry. The central idea in this presentation is that, in the most complex and financially challenging case of Enhanced Oil Recovery (EOR) projects, the combination of quality decision making and the implementation of “fit-for-purpose” technology offers the most promising middle-point. By providing eight examples of innovative technologies to help reduce uncertainty, cost and time for delivering commercial EOR oil, and three successful case studies, the audience will gain confidence in the proposition that it is perfectly viable to double recoveries for many of our fields in the next 15 years, even in the current price scenario.
Finally, EOR is a business, and as such it needs to compete favorably with other businesses in a company’s E&P portfolio - challenging in low oil price environments. The lecture will close by presenting a strategy, illustrated with an example, on how to divert from the traditional engineering approach in favor of a managerial decision approach, that will help engineers to justify viable recovery projects.
A Project Report on NPA Management in J & K BankRaoufnaikoo
This document is a summer training project report submitted by Ab. Raouf Naikoo to Punjabi University in partial fulfillment of an MBA degree. The report focuses on NPA (non-performing asset) management at J&K Bank in Kashmir. It includes an introduction to the banking industry and J&K Bank, background information on NPAs, a literature review, research methodology, data analysis, findings, and suggestions. The report was completed under the guidance of Mr. Tariq Ahmad, Deputy Branch Head at J&K Bank Kulgam.
CAMELS MODEL Analysis on Banking Sector.Ranga Nathan
The document discusses CAMELS ratings which are used to assess the overall condition of banks. The CAMELS acronym refers to six components evaluated: Capital adequacy, Asset quality, Management, Earnings, Liquidity, and Sensitivity to market risk. Ratings are assigned on a scale of 1 to 5 with 1-2 indicating few supervisory concerns and 3-5 indicating increasing supervisory concerns. The document then provides details on the components of CAMELS ratings and analyzes four Indian banks based on their capital adequacy ratios.
Merchant banking has evolved over the past few decades in India. It was formally defined and regulated in 1992 by the Securities and Exchange Board of India (SEBI). Merchant bankers play an important role in facilitating capital raising for companies and supporting the growth of financial markets. The document discusses the history and evolution of merchant banking in India. It also outlines the various services provided by merchant bankers like managing public issues, advising on mergers and acquisitions, and providing post-issue support to companies. The key roles and regulations governing merchant banking in India are also highlighted.
The document discusses credit migration risk modeling for calculating the Incremental Risk Charge (IRC). It outlines the requirements for IRC models, including using a one-year capital horizon at a 99.9% confidence level. It also discusses model assumptions, such as assigning positions to liquidity buckets and using a constant level of risk trading strategy. The document then provides an initial outline for an IRC risk model and discusses considerations such as the need to model credit migration risk under both objective and risk-neutral probability measures.
This presentation provides and overview of the state of global financial markets as of October 2020 with a focus on the developments following the COVID-19 crisis and an assessment of market dynamics and downside risks
Customer satisfaction towards j&k bank by wani aadilwani aadil
This document provides a profile of Jammu & Kashmir Bank (J&K Bank), one of the largest banks in India. It discusses the bank's history, founding in 1938, operations across India, and focus on serving customers in Jammu & Kashmir through innovative financial solutions. The profile outlines the bank's registered office, corporate headquarters, and business support services including internet banking, SMS banking, bill payments, and e-commerce capabilities to provide customers convenient banking access.
1) The document discusses various types of foreign currency accounts like Nostro, Vostro, and Loro accounts that banks maintain with each other.
2) It explains key concepts like two-way quotations in the interbank market, direct and indirect currency quotations, and American and European quotation styles.
3) Interbank deals refer to foreign exchange transactions between banks, including cover deals to hedge customer transactions and trading to profit from expected exchange rate changes. Swap deals involve simultaneously buying and selling the same currency for different maturities.
Slides from Abu Dhabi Prroject Financing Conference (2002) on "Negotiating the Terms & Conditions of the Project Debt and Achieving Financial Close"
Introduction to Project Economics in Oil and Gas Exploration and Production (Upstream) Industry, including basic project economics method and example of calculation.
This document describes a method for analyzing gas deliverability through wellhead data. The method combines wellhead deliverability analysis with material balance for depletion-driven gas reservoirs. Key steps include determining deliverability coefficients from wellhead pressure and temperature data, correcting for liquid loading effects, and estimating average reservoir depletion through material balance calculations. The approach provides a responsive analysis of surface/reservoir changes using common wellhead measurements.
Bank Asia was founded in 1999 by successful entrepreneurs to be a fully customer-focused bank providing technology-driven products and services. The document analyzes Bank Asia's foreign exchange performance from 2009-2013, finding a decline in foreign exchange business from 2013 to 2012, though growth in previous years. It compares Bank Asia's export, import, and remittance amounts to other banks, and makes recommendations to increase foreign exchange business, such as improving customer service and website information.
The document discusses Value at Risk (VaR), a metric used to measure and manage financial risk. It provides an introduction to VaR and outlines several key concepts, including: reasons for VaR's widespread adoption; calculating VaR for single and multiple assets; assumptions underlying VaR calculations; and approaches to estimating VaR for linear and non-linear derivatives. It also covers converting daily VaR to other time periods, factors affecting portfolio risk, and stress testing as a complement to VaR analysis.
Trends in foreign exchange reserve in indiasairam meduri
This document analyzes trends in India's foreign exchange reserves from 2002-2014. It finds that India's reserves have steadily increased over this period, reaching $18 trillion rupees in 2014. Foreign currency assets make up the largest component, around 91% of reserves. Gold and special drawing rights percentages have also increased slightly over time. A strong correlation exists between the different components of India's foreign exchange reserves.
This document provides an overview of treasury management functions including integrated treasury, front office, mid office, and back office responsibilities. It also summarizes various money market instruments like certificates of deposit, commercial paper, treasury bills, and call money markets. Key concepts around treasury risk management like CRR, SLR, yield curves, and VaR are defined. Foreign exchange rate quotations and principles are also briefly covered.
The document discusses the CAMELS rating system used by bank regulators to evaluate the overall condition and financial health of banks. The CAMELS rating is based on a bank's capital adequacy, asset quality, management, earnings, liquidity, and sensitivity to market risk. Ratings range from 1 to 5, with 1 being the strongest and 5 the weakest. The composite CAMELS rating weighs these components and is used to determine the level of supervisory concern for the bank.
The document discusses Open Market Operations (OMOs), which is a monetary policy tool used by central banks like the Reserve Bank of India (RBI) to regulate money supply. Through OMOs, the RBI buys and sells government securities to infuse or suck out liquidity from the market. This affects interest rates and government borrowing costs. When the RBI buys bonds, it injects liquidity, lowering interest rates and allowing easier borrowing for corporations and the government. Selling bonds has the opposite effect of tightening liquidity and raising rates. OMOs thus help control inflation while enabling stable economic growth.
This document is an internship report submitted by MD. Sadid Al Saharea to the ULAB School of Business in partial fulfillment of the requirements for a Bachelor of Business Administration degree. The report provides a case study of the foreign exchange operations of Mutual Trust Bank Ltd, where the author completed their internship. The report includes an introduction outlining the objectives and methodology, a review of relevant theoretical concepts, an analysis of MTB's foreign exchange performance and operations based on the author's experience and findings from their internship, and concluding recommendations. Foreign exchange is an important business line for MTB, facilitating import, export, and remittances to aid economic growth and development.
The port of Dubai handles a large volume of cargo as one of the busiest ports in the world. Specifically, the Jebel Ali port located in Dubai handled over 171 million metric tons of cargo in 2014, ranking it 21st in the world by tonnage and 9th by container volume. It is operated by DP World and handles containers, vehicles, construction materials, dry and liquid bulk goods from over 180 shipping lines connecting to more than 140 global ports. Unique features include plans to expand capacity to 55 million TEUs by 2030, capabilities to handle very large 18,000 TEU vessels, and access to the largest free zone and future largest airport in the world.
This document provides information on non-performing assets and the SARFAESI Act in India. It defines what constitutes a non-performing asset and outlines different types of loans like term loans, demand loans, cash credits, and overdrafts. It also discusses asset classification, reasons for non-performing assets, and the key aspects of the SARFAESI Act which allows banks to seize collateral for loan defaults without court intervention.
The document discusses Bitgaram Energy Valley in South Korea as a future global energy hub and innovative center for electric vehicles. Bitgaram Energy Valley is located in Naju, Jeollanam-do and aims to be a cluster for energy industries like electric vehicles, energy storage systems, smart grids, and renewable energy. It outlines the valley's strategic focus on attracting high-tech energy corporations and fostering shared growth through expansion of R&D projects and a talented workforce. The valley seeks to leverage South Korea's stable business environment, large market access through trade agreements, and infrastructure to become a global leader in smart energy technologies.
Market Research Report : Shipbuilding Industry in China 2010 Netscribes, Inc.
For the complete report, get in touch with us at: info@netscribes.com
The shipbuilding market in China has been steadily growing and is expected to show strong growth with the ending of the recessionary period leading to renewed large scale international trade. China is the second largest player in the global shipbuilding industry, led by South Korea. The market had been impacted by the prevalent economic scenario. Major government initiatives have been implemented towards cushioning the market from the recession and allowing it to grow further. Chinese ships have been the preferred choice due to the cost advantages that the buyers face. It is estimated that China will be the market leader by 2015.
The report begins with an introduction to the global shipbuilding market which includes current and expected growth in installed capacity and the share of backlog for major countries in this space. An overview of China’s shipbuilding market has been provided including current and estimated figures for installed capacity, its global share in vessel production and existing segmentation in sales.
The characteristics of the market have been analyzed and include – growing trade levels, growth in LNG transport vessels, global economic downturn affecting demand, overcapacity in the shipping market and price of steel impacting the market. The major government programmes and investments towards the development of the industry have been discussed including the adjustment and revitalization plan of Chinese shipping industry, financial assistance to restructure the industry, tax relief and other initiatives.
Competition section profiles the major players in the market. The section contains a snapshot of the corporations’ financial performance and business highlights, providing an insight into the existing competitive scenario.
Merchant banking has evolved over the past few decades in India. It was formally defined and regulated in 1992 by the Securities and Exchange Board of India (SEBI). Merchant bankers play an important role in facilitating capital raising for companies and supporting the growth of financial markets. The document discusses the history and evolution of merchant banking in India. It also outlines the various services provided by merchant bankers like managing public issues, advising on mergers and acquisitions, and providing post-issue support to companies. The key roles and regulations governing merchant banking in India are also highlighted.
The document discusses credit migration risk modeling for calculating the Incremental Risk Charge (IRC). It outlines the requirements for IRC models, including using a one-year capital horizon at a 99.9% confidence level. It also discusses model assumptions, such as assigning positions to liquidity buckets and using a constant level of risk trading strategy. The document then provides an initial outline for an IRC risk model and discusses considerations such as the need to model credit migration risk under both objective and risk-neutral probability measures.
This presentation provides and overview of the state of global financial markets as of October 2020 with a focus on the developments following the COVID-19 crisis and an assessment of market dynamics and downside risks
Customer satisfaction towards j&k bank by wani aadilwani aadil
This document provides a profile of Jammu & Kashmir Bank (J&K Bank), one of the largest banks in India. It discusses the bank's history, founding in 1938, operations across India, and focus on serving customers in Jammu & Kashmir through innovative financial solutions. The profile outlines the bank's registered office, corporate headquarters, and business support services including internet banking, SMS banking, bill payments, and e-commerce capabilities to provide customers convenient banking access.
1) The document discusses various types of foreign currency accounts like Nostro, Vostro, and Loro accounts that banks maintain with each other.
2) It explains key concepts like two-way quotations in the interbank market, direct and indirect currency quotations, and American and European quotation styles.
3) Interbank deals refer to foreign exchange transactions between banks, including cover deals to hedge customer transactions and trading to profit from expected exchange rate changes. Swap deals involve simultaneously buying and selling the same currency for different maturities.
Slides from Abu Dhabi Prroject Financing Conference (2002) on "Negotiating the Terms & Conditions of the Project Debt and Achieving Financial Close"
Introduction to Project Economics in Oil and Gas Exploration and Production (Upstream) Industry, including basic project economics method and example of calculation.
This document describes a method for analyzing gas deliverability through wellhead data. The method combines wellhead deliverability analysis with material balance for depletion-driven gas reservoirs. Key steps include determining deliverability coefficients from wellhead pressure and temperature data, correcting for liquid loading effects, and estimating average reservoir depletion through material balance calculations. The approach provides a responsive analysis of surface/reservoir changes using common wellhead measurements.
Bank Asia was founded in 1999 by successful entrepreneurs to be a fully customer-focused bank providing technology-driven products and services. The document analyzes Bank Asia's foreign exchange performance from 2009-2013, finding a decline in foreign exchange business from 2013 to 2012, though growth in previous years. It compares Bank Asia's export, import, and remittance amounts to other banks, and makes recommendations to increase foreign exchange business, such as improving customer service and website information.
The document discusses Value at Risk (VaR), a metric used to measure and manage financial risk. It provides an introduction to VaR and outlines several key concepts, including: reasons for VaR's widespread adoption; calculating VaR for single and multiple assets; assumptions underlying VaR calculations; and approaches to estimating VaR for linear and non-linear derivatives. It also covers converting daily VaR to other time periods, factors affecting portfolio risk, and stress testing as a complement to VaR analysis.
Trends in foreign exchange reserve in indiasairam meduri
This document analyzes trends in India's foreign exchange reserves from 2002-2014. It finds that India's reserves have steadily increased over this period, reaching $18 trillion rupees in 2014. Foreign currency assets make up the largest component, around 91% of reserves. Gold and special drawing rights percentages have also increased slightly over time. A strong correlation exists between the different components of India's foreign exchange reserves.
This document provides an overview of treasury management functions including integrated treasury, front office, mid office, and back office responsibilities. It also summarizes various money market instruments like certificates of deposit, commercial paper, treasury bills, and call money markets. Key concepts around treasury risk management like CRR, SLR, yield curves, and VaR are defined. Foreign exchange rate quotations and principles are also briefly covered.
The document discusses the CAMELS rating system used by bank regulators to evaluate the overall condition and financial health of banks. The CAMELS rating is based on a bank's capital adequacy, asset quality, management, earnings, liquidity, and sensitivity to market risk. Ratings range from 1 to 5, with 1 being the strongest and 5 the weakest. The composite CAMELS rating weighs these components and is used to determine the level of supervisory concern for the bank.
The document discusses Open Market Operations (OMOs), which is a monetary policy tool used by central banks like the Reserve Bank of India (RBI) to regulate money supply. Through OMOs, the RBI buys and sells government securities to infuse or suck out liquidity from the market. This affects interest rates and government borrowing costs. When the RBI buys bonds, it injects liquidity, lowering interest rates and allowing easier borrowing for corporations and the government. Selling bonds has the opposite effect of tightening liquidity and raising rates. OMOs thus help control inflation while enabling stable economic growth.
This document is an internship report submitted by MD. Sadid Al Saharea to the ULAB School of Business in partial fulfillment of the requirements for a Bachelor of Business Administration degree. The report provides a case study of the foreign exchange operations of Mutual Trust Bank Ltd, where the author completed their internship. The report includes an introduction outlining the objectives and methodology, a review of relevant theoretical concepts, an analysis of MTB's foreign exchange performance and operations based on the author's experience and findings from their internship, and concluding recommendations. Foreign exchange is an important business line for MTB, facilitating import, export, and remittances to aid economic growth and development.
The port of Dubai handles a large volume of cargo as one of the busiest ports in the world. Specifically, the Jebel Ali port located in Dubai handled over 171 million metric tons of cargo in 2014, ranking it 21st in the world by tonnage and 9th by container volume. It is operated by DP World and handles containers, vehicles, construction materials, dry and liquid bulk goods from over 180 shipping lines connecting to more than 140 global ports. Unique features include plans to expand capacity to 55 million TEUs by 2030, capabilities to handle very large 18,000 TEU vessels, and access to the largest free zone and future largest airport in the world.
This document provides information on non-performing assets and the SARFAESI Act in India. It defines what constitutes a non-performing asset and outlines different types of loans like term loans, demand loans, cash credits, and overdrafts. It also discusses asset classification, reasons for non-performing assets, and the key aspects of the SARFAESI Act which allows banks to seize collateral for loan defaults without court intervention.
The document discusses Bitgaram Energy Valley in South Korea as a future global energy hub and innovative center for electric vehicles. Bitgaram Energy Valley is located in Naju, Jeollanam-do and aims to be a cluster for energy industries like electric vehicles, energy storage systems, smart grids, and renewable energy. It outlines the valley's strategic focus on attracting high-tech energy corporations and fostering shared growth through expansion of R&D projects and a talented workforce. The valley seeks to leverage South Korea's stable business environment, large market access through trade agreements, and infrastructure to become a global leader in smart energy technologies.
Market Research Report : Shipbuilding Industry in China 2010 Netscribes, Inc.
For the complete report, get in touch with us at: info@netscribes.com
The shipbuilding market in China has been steadily growing and is expected to show strong growth with the ending of the recessionary period leading to renewed large scale international trade. China is the second largest player in the global shipbuilding industry, led by South Korea. The market had been impacted by the prevalent economic scenario. Major government initiatives have been implemented towards cushioning the market from the recession and allowing it to grow further. Chinese ships have been the preferred choice due to the cost advantages that the buyers face. It is estimated that China will be the market leader by 2015.
The report begins with an introduction to the global shipbuilding market which includes current and expected growth in installed capacity and the share of backlog for major countries in this space. An overview of China’s shipbuilding market has been provided including current and estimated figures for installed capacity, its global share in vessel production and existing segmentation in sales.
The characteristics of the market have been analyzed and include – growing trade levels, growth in LNG transport vessels, global economic downturn affecting demand, overcapacity in the shipping market and price of steel impacting the market. The major government programmes and investments towards the development of the industry have been discussed including the adjustment and revitalization plan of Chinese shipping industry, financial assistance to restructure the industry, tax relief and other initiatives.
Competition section profiles the major players in the market. The section contains a snapshot of the corporations’ financial performance and business highlights, providing an insight into the existing competitive scenario.
US India Infrastructure And Energy Opportunities - IMaCS Virtus ReportIVG Partners
The document discusses investment opportunities in India's infrastructure and energy sectors such as roads, ports, urban development, and electricity. It notes that the government plans to invest $500 billion in these sectors over the next five years, creating opportunities for US and European companies in areas like road construction, port development, equipment supply, and power generation and transmission projects. Major investment is needed to fund projects in roads, urban infrastructure, and increasing electricity capacity.
India faces large gaps in infrastructure that are constraining its economic growth. The government's 11th and 12th Five Year Plans call for substantially increased investment in infrastructure like power, transportation, roads, railways, and ports. Public-private partnerships are seen as key to meeting investment targets, with the private sector expected to contribute up to 30% of planned infrastructure spending. However, actual investment has lagged government targets due to challenges in project execution and financing.
Middle east opportunities for scottish edited companies - scottish enterpris...Raquel Largo Martinez
The Middle East faces economic challenges due to low oil prices, including reduced government revenues and the need for fiscal reforms. Opportunities still exist in infrastructure projects across the region. Iran's economy is growing as sanctions are lifted, but risks and challenges remain such as low oil prices, regional instability, and sanctions potentially being reimposed.
Ferrovial is a leading infrastructure company operating in toll roads, services, construction, and airports. It has over 66,000 employees working in more than 25 countries. Key assets include a 43.2% stake in Canada's 407 ETR toll road and a 25% stake in London Heathrow Airport. The company generates cash flow from construction and services activities as well as dividends from infrastructure projects. Ferrovial aims to reinvest cash flows from operations into new projects while also providing attractive shareholder returns.
DMIC Summit – Developing Hub for Investors - Overview & Approach - Part - 1Resurgent India
Delhi-Mumbai Industrial Corridor, from here on referred to as DMIC, is a multi-modal High Axle Load dedicated freight corridor connecting Delhi and Mumbai. It is a mega infrastructure project at USD 100 billion with technical and financial aid built in from Japan. The project is a flagship programme of Government of India with the aim of creating futuristic Industrial Cities by leveraging the "High Speed - High Capacity" connectivity backbone provided by Western Dedicated Freight Corridor (DFC).
The document outlines opportunities for investment in India's infrastructure sector during the country's 11th Five Year Plan period from 2007-2012. It estimates a total investment requirement of $514 billion across various infrastructure industries such as energy, transportation, industrial and commercial development. Specifically, it projects heavy investment needs in power generation, road and highway development, expansion of ports and airports, mass transit systems and oil and gas pipelines. The government aims to increase infrastructure investment as a percentage of GDP from 5% to 9% during this period to sustain high economic growth rates.
This document summarizes recent trends in the global shipbuilding industry and analyzes the outlook for China. It finds that while China leads in shipbuilding output, its market share and orders have declined in recent years due to overcapacity, increased competition, and a technology gap. However, China's "One Belt, One Road" initiative and "Made in China 2025" plan aim to boost infrastructure investment and technological upgrading, positioning China to regain market share. The document also profiles major Chinese shipbuilders like CSSC and CSIC and finds that while their revenues have grown, profits have been volatile depending on market conditions.
Getting public-private partnerships going: good practices from the MENA regionOECDglobal
This document summarizes a presentation on public-private partnerships (PPPs) in the Middle East and North Africa (MENA) region. It provides examples of successful PPP projects in countries like Saudi Arabia, Bahrain, and the UAE. It also outlines some challenges to implementing PPPs in MENA countries, such as a lack of centralized PPP units and long-term planning. Key success factors for enhancing PPP delivery include developing viable bankable projects, establishing PPP laws and dedicated units, and educating decision-makers and the public. PPP laws from countries like Egypt and Kuwait that establish transparent procurement processes and define public and private sector risks are highlighted as international best practices.
The document discusses India's infrastructure sector across various industries. It notes that infrastructure contributes 7% to India's GDP and accounts for 2% of the global construction market. Major areas of focus and investment include power generation, roads, railways, airports and ports. The government has launched various schemes and public-private partnerships to develop infrastructure and attract private sector investment in transportation, energy and physical infrastructure projects across the country.
Silk Road Economic Belt Financial Strategies, 2015Brien Desilets
The document discusses financial strategies for funding projects along China's Silk Road Economic Belt initiative. It outlines various sources of funding including the $40 billion Silk Road Fund, Chinese policy banks and state-owned enterprises, multilateral development banks like the AIIB and NDB, sovereign wealth funds, and individual project financing models. Specific projects highlighted that could receive funding include the Gwadar Port in Pakistan, Karot Hydropower Plant in Pakistan, and the Belgrade-Budapest high speed rail line. The document stresses the need for projects to generate revenue and involve local stakeholders to support long-term sustainability of investments.
This document discusses PPP projects in Taiwan and opportunities from China's Belt and Road Initiative (OBOR). It summarizes key issues in Taiwan's PPP legal and policy framework and notes that OBOR aims to connect China economically with Europe and other regions through infrastructure development. OBOR represents significant opportunities for infrastructure construction and financing, with Chinese contractors and banks playing major roles. Collaboration between countries could help address the large infrastructure needs across OBOR regions.
China has announced a massive RMB 4 trillion stimulus package to support domestic infrastructure development and economic growth. A large portion of these funds has been allocated to public infrastructure projects, including rail, roads, airports, and utilities. The stimulus package is accelerating the development of projects planned under China's 5-Year Plans and is expected to have significant impacts. It is driving increased demand for construction materials and equipment. While private investment may not increase immediately, opportunities are emerging for investors in related sectors and as local governments seek funding partners for projects. Infrastructure expansion, especially of rail and highways, remains a top government priority and is core to China's continued economic development.
Infrastructure Development in South Africa, Stephen Labson slEconomicsStephen Labson
Budgeted public sector infrastructure spending of roughly R845 billion is planned for from 2012/13 to 2014/15 of which R300 billion is targeted to the energy sector and R262 billion in transport.
While funding would appear to be sufficient to support South Africa’s infrastructure investment requirements, there are some challenges to address. We examine some of the key issues ahead in our Overview.
The document provides an overview of Egypt's economy and investment opportunities. It notes that Egypt has a large population and market size, a strategic location, and a diversified economy. While it faces challenges like its budget deficit and energy crisis, the government is undertaking reforms and many countries and international organizations are investing in sectors like infrastructure, manufacturing, and renewable energy. Total Dutch investments and exports to Egypt remain significant. The conclusion is that with continued reforms and security improvements, investment and opportunities for Dutch businesses in Egypt will increase.
Indonesia is the largest country in Southeast Asia with over 17,000 islands. It has a population of over 230 million people from hundreds of ethnic groups who speak over 700 languages. The economy has grown in recent decades and Indonesia is now the 16th largest economy in the world. Many Indian companies have established operations in Indonesia since the 1970s across sectors such as textiles, automotive, banking, mining, infrastructure and more. Major Indian groups operating in Indonesia include Aditya Birla Group, Tata Group, GVK, Adani Group, and Jindal Group among others.
Infrastructure financing in developing countries of africaitsnikki4u
Infrastructure needs in developing countries in Africa far exceed current spending. The annual infrastructure investment gap in emerging markets and developing economies is estimated to be $452 billion. Sub-Saharan Africa requires $93 billion annually for infrastructure but only spends $45 billion, leaving a gap of $48 billion. Meeting the large infrastructure needs will require doubling current infrastructure spending as well as utilizing strategies like public-private partnerships and assistance from multilateral development banks, export credit agencies, and other external sources of debt and equity financing.
The document summarizes Oman's economic development plan called Vision 2020. The plan aims to diversify Oman's economy and reduce dependence on oil revenues through initiatives like developing human resources, promoting the private sector, utilizing strategic location and natural resources, and ensuring economic and social benefits are distributed nationwide. A key goal is reducing oil's contribution to GDP to 9% by 2020. The plan focuses on sectors like infrastructure, trade agreements, tourism, and telecommunications to drive non-oil growth.
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Exim bank financing process
1. BUILDING TOGETHER THE PROSPEROUS
FUTURE FROM THE BOTTOM UP:
Korea Eximbank in Financing Investment
Projects
Tehran, 4th October 2015
YoungKee KIM
Senior Director General
2. AGENDA
1. SNAPSHOT OF KOREA EXIMBANK
2. SECTORAL PROSPECTS FOR COOPERATION
3. FINANCIAL SOLUTIONS TO OFFER
4. Overview
Korea’s official Export Credit Agency (ECA) providing both export credit
and investment finance related to Korean companies conducting
business in the global market.
Financial
Channel for
Economic
Cooperation
Korea Eximbank’s Mandate & Sovereign Status
Government
Policy Arm
Sovereign Credit
Status
Since establishment in 1976, Korea Eximbank has
actively supported Korea’s export-led economy and
facilitated economic cooperation with foreign countries.
Two financial windows: (i) export and investment credit
(at market-terms), (ii) EDCF/ODA (at concessional terms)
Mandated to promote Korea’s external transaction
sector, Korea Eximbank plays an integral role in
implementing public policies for the national economy.
Wholly owned by the Korean government which is
required to maintain its solvency and supplement
possible deficits.
Boasts the sovereign credit rating of Korea (Moody’s:
Aa3, S&P: AA-, Fitch: AA-)
5. Financial SolutionsGlobal Network
Korea Eximbank’s Competence for Quality Services
Most credit amount of all time
(USD 77 Billion in 2014)
Why Korea Eximbank?
Korea Eximbank boasts established experience in financing projects overseas,
along with its wide global network, up-to-date financial products, and in-house
expertise and capacity.
Europe, Asia
98 MOUs
(32 countries)
North America
6 MOUs
(2 countries)
Central/South
America
18 MOUs
(9 countries)
Middle East,
Africa, Oceania
46 MOUs
(12 countries)
Total : 168 MOUs (55 countries)
Experience in 63 PF deals
(Total amount of USD 24 bil)
FA
MLA
Credit
Support
Equity
Participation
Financial Advisor/Arrangement
(42 deals, USD 71bil)
Equity Participation
(Invested in 2 projects, 6 funds)
“168 MOUs with
ECA & CIBs”
“Total Financial
Solution Provider”
Korea Eximbank in PF Market
ECA USD Million No. of DealsRanking
JBIC
US EXIM
Korea
Eximbank
China
Eximbank
EDC
35,938
18,519
11,574
8,934
8,034
56
27
37
18
67
1
2
3
4
5
ECA League Table (2008~2013, OECD)
6. Visibility of Korean ECA
Korean ECAs play a major role in the international export credit
market.
(source : TFX, 2015)
7. ECAs’ Financial Support to Middle East
ECAs are most important
player to finance the
major infrastructure
projects:
– Correcting market failures;
– Mitigating against risks;
– Assuming risks as the
lender of last resort;
– Providing main source of
financing for large-scale
investment
Region
Amount
(billion)
Percentage
( %)
Asia 28.24 22.6
Europe 25.62 20.5
North America 24.15 19.3
Middle East 16.28 13.0
Latin America 13.73 11.0
Africa 9.89 7.9
Russia CIS 7.06 5.7
Total* 124.52 100
9. Profile of Korea Eximbank’s Support in MENA
The magnitude of KEXIM Financing in the region is significant.
Petrochemical & power plants have been major sectors
10. KEXIM’s Presence in the Selected Neighboring Countries
KSA UAE OMAN QATAR IRAN
GDP ($ bn)
$649
(28th)
$364
(31st)
$63
(70th)
$197
(48th)
$393
(20th)
Pop.(million) 27 10 4 2 81
OECD
Classification
3(’06)→2(’15) 3(’13) →2(’15) 3(’06) →2(’15) 2(’12) →3(’15) 5’(06)→6(’12)→7(’15)
Amount of
Financing
($ bn)*
11.4 6.3 2.0 1.9 -
Oil-producing GCC countries have been key destinations for
KEXIM financing
* Approval basis, cumulative for both export and investment
12. Oil & Gas
Investment Needs – overview
– Oil & Gas took 70% of the national export in 2012
• The world’s 4th-largest crude oil and the 2nd-largest natural gas reserves. (EIA,
2015)
– Consisted of upstream (exploration & production), midstream (LNG,
pipelines), and downstream (refinery, petrochemicals, Gas-to-Liquids)
• Currently a net importer of refined goods and petrochemicals although
aspiring to export them
– The sanction significantly reduced both production and revenue
• Crude Oil: 3.7 mil. barrels per day (2011) → 2.7 mil. b/d (2013)
• Natural Gas: around 8.1 TCF during 2011~2013.
• Oil & Gas export revenue dropped to $56 bn. in 2013/14 from $118 bn. in
2011/12 fiscal year
– More than $100 bn. investment is estimated to be needed in the
following 3 years for all subsectors
13. Oil & Gas (cont’d)
Upstream (Exploration & Production)
– NIOC targeting 45 projects for potential development, utilizing foreign investment,
with high priority
– Upstream development to be focused in particular on: Yadavaran (NIOC and
Sinopec), Azadegan (including South Azadegan, shared with Iraq), and South Pars
(shared with Qatar’s North Field)
Midstream (LNG, Pipelines)
– South Pars gas production (traditionally for LNG export, now supplying the
domestic market)
– Revitalizing numerous investment schemes prior to the strengthening of EU
sanctions:
• Persian LNG (NIOC, Repsol, Shell), Pars LNG (NIOC, PETRONAS, Total), Iran LNG (NIOC,
OMV)
– Cross-border pipeline projects (e.g. Kuwait, Pakistan-India)
Downstream (Petrochemicals, Refining & Gas-to-Liquids)
– Aspiring to export petrochemicals and refined products rather than crude oil or
natural gas
– Also considering gas-to-liquids (GTL) projects
– Refining and petrochemicals projects may be attractive in the current low
oil price environment
14. Oil & Gas
Why Korea?
– Having extensive experience and capacity in various areas of the sector inside and
outside Korea
– Globally, successfully carried out contracts in the three subsectors of the industry
• Overseas contract worth $75.4 billion from 2010 to 2014. 3Q
– In Iran, completed large scale projects such as the NIOC Gas Facility Development
Project and the PCC Petrochemical Facilities Project
Footprints of Korea Exim Financing & Applicable Financial Tools
– Exemplary landmark projects financed by KEXIM includes:
• South Pars, Phase 9 & 10 ($625 mil., 2003)
• Qatar Barzan Gas Project (Hyundai Heavy Industries) providing $1 billion (2011),
• Saudi Sadara Project (Daelim Industrial Co.) providing $400 million (2013)
• Oman OPRC Oil Refinery Expansion ($600 ml., 2014)
– Financing through Framework Agreement (FA), prioritizing on projects to be
initiated by state-owned enterprises (& their subsidiaries) such as NIOC, NPC, NITC,
and IRISL;
– Also, Project Finance (non/limited-recourse basis) scheme is applicable if a more
investor-friendly contractual platform (in place of the buy-back agreement) is
proposed:
15. Infrastructure
Investment Needs
– Construction industry is expected to grow 4.3% p.a. on avg. over the
next 5 years (Fitch, BMI Research)
– Strong demand for modernizing infrastructures in line with the
revival of the economy (airport, roads, railroads, and water facilities)
Why Korea?
– An extensive experience in global infrastructure projects (since 1965,
$654 billion 10,142 infrastructure projects)
ENR Ranking Korean Firms
17 Hyundai Engineering & Construction Co. Ltd
21 Samsung C&T Corp.
36 Daewoo Engineering & Construction Co. Ltd
38 GS Engineering & Construction
39 POSCO Engeneering & Construction
46 SK Engineering & Construction
52 Daelim Industrial Co. Ltd
- 7 more Korean firms are within top 250
(ENR, 2015)
16. Infrastructure
Footprints of Korea Exim Financing & Applicable Financial
Tools
– Provided €110mil for the Iranian IRICO Rail Vehicle Project in 2005
– $280mil for the Turkey Eurasia Underwater Tunnel Project in 2012
– Applicable financial tools
• Re-establishing Framework Agreement (under discussion with Iranian
authorities)
• A package of various financial products readily available for infrastructure
investment
Direct loan, financial guarantee, and equity investment
17. Components, Consumer Goods, & ICT
Investment Needs
– Iran as the largest car producer (2011) in the Middle East, expected increasing
demand for steel products and car components
– Manufacturing industry accounts for approximately 40% of the Iranian GDP
– A large consumer market with huge population (more than 60% being under 30’s)
– ICT: largest non-oil economic sector in Iran with sustainable source of revenue
generation
Why Korea?
– Car components globally competitive in price & quality
• In business with world-renowned auto manufacturers in the US, Germany, Japan, etc.
– Most advanced mobile communication technology (the world’s first LTE-A)
• Contracted supplying large scale LTE network device both in emerging and developed
countries, e.g. India (Reliance) and the US (Sprint)
Footprints of Korea Exim Financing & Applicable Financial Tools
– Provided the aggregate of U$546 mil for Interbank Credit Facility until 2008, and
U$1,841 mil for Forfaiting Facility until 2012
– Prepared to reactivate the Interbank Credit Facility & Forfaiting Facility to support
trading for steel, car components, home appliances, ICT, etc.
18. Healthcare Service
Investment Needs
– Government’s strong drive to upgrade healthcare facilities & services
– 10 or more hospitals (public only prior to the lifting of sanctions), R&D centers,
pharmaceutical complex projects in the pipeline
Why Korea?
- Track record of building major hospitals of 2,000 beds or more
- High quality of medical services with qualified doctors
- Efficient hospital management system using advanced Korean ICT
Footprints of Korea Exim Financing & Applicable Financial Tools
– Aggregate of U$900mil provided for healthcare industry worldwide
– FA and total financial solution (including loans, guarantees, and equity investment)
are applicable for healthcare projects to enhance healthcare service of Iran
20. KEXIM: Total Financial Solution Provider
Korea Eximbank’s support for diverse industrial projects ranges from loans and
guarantees to financial advisory/arrangement services and equity investment.
Project
Company
Off-taker
Loan
Sponsors
(Korean)
[Sponsors]
Sponsors
Equity
Investment
Korea Eximbank
Guarantee
Loan
Financial Advisory Service
Financial
Arrangement
Other ECAs, MDBs
[Lenders]
EPC Contractor
Loan
O&M Contractor
Guarantee
Equity Investment
Commercial Banks
Fund
Fund Investment
21. Framework Agreement
Credit limits & main terms are agreed upon in the Framework Agreement
signed by Iranian banks or the central bank
For individual export transaction, the Letter Agreement is concluded
Letter Agreement signing
Lender
Central Bank of Iran Designation of borrower for
FA
Exporter
(Korean Company)
FA negotiation
Korea
Eximbank
Ministry of Economic
Affairs and Finance, Iran
Global Guarantee
FA signing
Export contract
Importer
(Iranian Company)
Shipping documents &
Financing L/C opening
Borrowers
Iranian
Banks
22. Interbank Credit Facility
With its peak in 2005 (U$131mil), aggregate of U$546mil was provided until 2008
U$10mil credit line is still maintained
Primary sectors for financing: car components, steel, petrochemicals, etc
Credit Line
Korea
Eximbank
Iranian
Bank
Iranian
Importer
Loan Sub-Loan
Car
components
36%
Steel
18%
Petroche
micals
23%
Textile
8%
Others
15%
Interbank Credit Accumulated
Commitment by sectorHow It Works
23. Forfaiting
A financial transaction involving the purchase of receivables from exporters by forfaiter
With its peak in 2011 (U$693mil), aggregate of U$1,841mil was provided until 2012
Primary sectors for financing: steel, chemicals, plastics, car components, etc.
Steel
53%
Chemicals
11%
Plastics
11%
Car
Components
7%
Papers
6%
Others
12%
Forfaiting Accumulate
Commitment by sector
Exporter
(Korean
Company)
Korea
Eximbank
Importer’s
Bank
(Iranian
Bank)
① Shipping
documents
② Export
Payment
③ Shipping
documents
④ Export
Payment at
maturity
How It Works
24. Project Development Program
Project Identification → Project Advisory → Financial Advisory Arrangement
Korea Eximbank provides various services for the entire period of projects.
Project Procedures
Transaction Advisory
FA / MLA
Provide transaction
advisory, establish
financing plan mainly for
investment and development
projects (L/I from major
financial institutions)
Close communication with
ordering organization
Assist companies in bidding
processes
Suitable for companies that
have no experience in the
country
Financial advisory services
to the sponsors from the
bidding stage to financial
closing
KEXIM and major
commercial banks as co-
advisor in case that ECA
financing is a key factor for
the project
Take lead in general for
negotiation of project
documents, cooperation with
consultants, etc.
Including arrangement of
direct/indirect investment
from KEXIM
Financial Arrangement
services for loan syndication
Project Identification
Identify project, connect
Korean companies to
projects
Financing Stage
- D.D, Syndication
Tender Preparation
& Implementation
Financial Closing
Project Structuring
Project identification
Consortium Formation
Feasibility Study
Financial Planning
26. - First Iranian oil & gas project Korea Eximbank co-financed with European ECAs.
- NIOC undertaking through
Assignment of NIOC Off-take agreement, and
Offshore escrow account
- Government support letter
Upstream Oil & Gas – South Pars Phase 9, 10
NIOC
EPC Contractor
Government
Korea Exim
HermesEPC Contract
Finance Documents
Off-take Contracts
Lenders
Debt Financing
Comfort Letter
SACE
EGCD(UKEF)
NCM
Commercial
Banks
Off-takers
Escrow Account
Off-take Payments Loan Repayments
27. - The first Egyptian project Korea Eximbank financed together with Japanese ECAs.
- Egyptian government’s strong support for the project.
Downstream Oil & Gas – Egyptian Refinery Project - ERC
Equity Investment
Company H
(3%)
Company E
(15%)
SPC
(Egyptian Refining
Company)
EPC Contractor
Government
(Prime Minister
Ministry of Finance
Ministry of Petroleum)
Off-taker
(EGPC)
Korea
Eximbank
JBIC/NEXI
EPC Contract
Finance Documents
Offtake
(25yrs)
EIB
AfDB
Sponsors
Lenders
O&M Contractor
O&M Contract
Comfort
LetterFeedstock
(25yrs)
Debt Financing
Company A
(82%)
Comfort
Letter
28. Transportation – Turkish Tunnel Project – Eurasia Tunnel
Equity Investment
Korean Co.
(50.1%)
Company B
(49.1%)
SPC
(Eurasia Tunnel)
EPC Contractor
(Sponsors
Consortium)
Ministry of
TreasuryMinistry of
Transportation
Korea
Eximbank
K-Sure
EPC Contract
Finance Documents
Implementation
Contract
EIB
EBRD
Sponsors
Lenders
O&M Contractor
O&M Contract
Direct Agreement
(Step-in Right)
Debt Assumption
Agreement
Minimum Revenue
Guarantee
- Korea Eximbank financed the tunnel project together with K-Sure, EIB & EBRD.
- Turkish government provided minimum revenue guarantee for the project.
Debt Financing
29. Korean
Company A
Indonesian
Company C
Korean
Company B
SPC
(Semangka
Hydro Power)
EPC Contractor
(Korean Co. B)
Off-taker
(PLN)
Korea
Eximbank
Commercial
Banks
EPC Contract
Sponsors
Lenders
O&M Contractor
(Korean Co. A)
O&M Contract
Indonesian
Company D
Debt Financing
Equity Investment
- Korea Eximbank participates in the transaction as an equity investor as well as
PF senior lender.
- Korea Eximbank provides 90% of the total debt financing.
Ministry of
Finance
Power – Indonesian Hydro Power Project - Semangka
Off-take Agreement
Guarantee
Equity Investment
30. Korean
Company A
SPC
(QEPC)
EPC Contractor
(Korean Co. B)
Off-taker
(NEPCO)
Korea
Eximbank
Multilateral
Development
Banks
EPC Contract
Sponsors
Lenders
O&M Contractor
(Korean Co. A)
O&M Contract
Saudi
Company B
Debt Financing
Equity Investment
- KEXIM led the deal to be closed in the midst of the global of financial crisis
- Has supported project sponsor from the bid stage to operation stage, a life-time
partner.
Ministry of
Finance
Power – Jordan CCGT Power Project – Al Qatrana
Off-take Agreement
Guarantee
31. Abu Dhabi
Company
SPC
(JL 5&6)
EPC Contractor
(Korean and Japanese)
Off-taker
(ONE)
Korea
Eximbank
JBIC, NEXI
EPC Contract
Sponsors
Lenders
O&M Contractor
(Sponsor related)
O&M Contract
Debt Financing
Equity Investment
- Korea Eximbank supported Korean construction company through conventional
export credit scheme.
- The project benefits from optimal financing package of Korea Eximbank, JBIC,
NEXI, and local currency financing providers.
Ministry of
Finance
Power – Morocco Thermal (coal fired) Power Project – Jorf Lasfar
Off-take Agreement
Guarantee
Commercial
Banks
32. Equity Contribution
Company C
(60%)
Korean
Company
(20%)
Company D
(20%)
SPC
(ITS, Payment
system)
Korean EPC/O&M
Contractor
City of Bogotá
(100%)
Trust
Korea
Eximbank
IFC
Korean
Commercial
BanksSupply Contract (EPC, O&M)
Concession
Contract
Sponsors
Lenders
- Korea Eximbank provided loan and guarantee covering 80% of total debt and
arranged IFC & commercial banks to fill the shortfall.
- The City of Bogota provided the availability payment to the SPC.
Ordering
Entity
Finance Documents
Senior Loan
Mezzanine Loan
Financial
Arrangement
ICT – Colombian ITS Project
Availability Payment
(weekly payment)
Stabilization
Fund
Gap
Funding
Passengers
Toll
33. Director General
Mr Hwan-joon Yang
+822-3779-6391
hjyang@koreaexim.go.kr
Oil & Gas Plant
(Middle East, Russia)
Mr Jae-sun Shim, Director
+822-3779-6404
shimm@koreaexim.go.kr
Oil & Gas Plant
(Asia&CIS, Africa, Europe, Americas)
Mr Won-Kyun Lee, Director
+822-3779-6403
circle@koreaexim.go.kr
Oil & Gas Plant, Infrastructure
(Middle East & CIS)
Mr Jae-Cheol Kim, Director
+822-3779-6413
jaeckim@koreaexim.go.kr
Director General
Mr Yong-Mong Kim
+822-3779-6461
yongmong@koreaexim.go.kr
Power I(Southeast Asia, Central Asia)
Mr Oh-soon Song, Director
+822-6255-5381
songoh@koreaexim.go.kr
Power II(Americas, Western South Asia)
Mr Woo-Young Jang, Director
+822-6255-5398
wyjang@koreaexim.go.kr
Nuclear Power (Middle East & Africa)
Mr Jae-Rak Lee, Director
+822-6255-5381
jrlee@koreaexim.go.kr
Plant Finance
Department I
Plant Finance
Department II
Business Development
Department
Natural Resources Finance
Department
Interbank Finance
Department
Service Industry Finance
Department
Director General
Mr Tae-hyung Lee
+822-3779-6423
leeth24@koreaexim.go.kr
Natural Resource I
Mr Do-Hyung Lee, Director
+822-3779-6437
leedh2030@koreaexim.go.kr
Natural Resource II
Mr Hwan-Woo Kim, Director
+822-3779-6447
G1052_kim@koreaexim.go.kr
Director General
Mr Byung-Chul Won
+822-3779-6361
bcwon@koreaexim.go.kr
Mr Haeng-Ryul Jun, Director
+822-3779-6363
hanks@koreaexim.go.kr
Senior Director General
Mr YoungKee Kim
+822-6255-5241
youngkee.kim@gmail.com
Team I (America, CIS, Oceania)
Mr Jong-Hyuck Ahn, Director
+822-6255-5232
jhahn@koreaexim.go.kr
Team Ⅱ (Asia, Middle East, Africa)
Mr KJ Yang, Director
+822-6255-5243
Kj.go.yang@gmail.com
International Relations (Europe)
Ms Hee-jung Seo, Director
+822-3779-6389
moli@koreaexim.go.kr
Contact
Director General
Mr Ki-Yeon Hwang
+822-6255-5261
yoojin@gmail.com
Service Industry I (ICT, Tourism)
Mr In-Kyu Cho, Director
+822-6255-5268
icho@koreaexim.go.kr
Service Industry II (Healthcare, Logistic)
Mr Yong-Min Cho, Director
+822-6255-5262
ymcho@koreaexim.go.kr
34. Thank You !
For more information,
Visit us at www.koreaexim.go.kr