IMDBI VII (DFC)
Sector: Manufacturing (Industrial) • Location: Iran, Islamic Republic of
Source: World Bank Group
The proposed Bank loan of $50.0 million would meet about two-thirds of IMDBI's requirements for procurement abroad until the end of calendar 1973. IMDBI must, therefore, seek additional sources of foreign capital for the remaining one-third. As under previous loans, prior Bank approval would be necessary for each sub-project requiring Bank funds in excess of $1.0 million and the aggregate free lim
- Status
- Closed
- Sector
- Manufacturing (Industrial), Government
- Location
- Iran
- Updated
- 22 Jul 2026
- Source
- World Bank Group
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Sponsoring Agency |
Status
Original status | closed |
Taiyo status | Closed |
Taiyo last update | 2026-07-22 |
Contact
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Description
Description | The proposed Bank loan of $50.0 million would meet about two-thirds of IMDBI's requirements for procurement abroad until the end of calendar 1973. IMDBI must, therefore, seek additional sources of foreign capital for the remaining one-third. As under previous loans, prior Bank approval would be necessary for each sub-project requiring Bank funds in excess of $1.0 million and the aggregate free limit would be maintained at $17 million. The foreign exchange risk will be passed on by IMDBI to its borrowers. The debt/equity limit will remain 7:1. The proposed loan would be restricted to financing the cost of imported goods and services needed for investments supported by IMDBI. |
Original sector | Financial Sector |
Location
Country | Iran |
Source
Source | World Bank Group |
URL |
More Details
Record type | Project |
Sector | Manufacturing (Industrial), Government |
Article published date | 2025-12-17 |
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