Credit AmountCredit for purchase of construction equipment and machinery from abroad: In principle, the credit shall not exceed 30 percent of the construction contract amount entered into by and between the contractor and the owner of the project.
Interest Rate Interest shall be determined by Eximbank on a case-by-case basis based on cost of capital, operating conditions, local and foreign market rates, and international rates for similar loans.
TenorTenor for the credit for purchase of construction equipment and machinery from abroad shall not exceed three years.
Tenor for the credit during the construction period shall not exceed five years.
SecurityThe borrower shall provide bank guarantee, collateral, or guarantor approved by Eximbank, except for those with Eximbank approvals are not limited.