News
27 May 2020

Kexim packages $4.2bn aid for shipbuilding industry

In:
Infrastructure, Transport
Region:
Asia-Pacific

The Export-Import Bank of Korea (Kexim) will extend KRW5.2 trillion ($4.2 billion) in financial aid to shipbuilders amid reduced orders caused by the COVID-19 crisis.The rescue share for the shipbuilding industry was raised from an initially earmarked KRW3.8 trillion. The bank will also raise the...

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