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INDUSTRIAL RESTR.

Sector: Chemical (Industrial) • Location: Hungary

Source: World Bank Group

Project
Closed

The main objectives of the Industrial Export Restructuring Project are to support the Government's programs for industrial restructuring and export expansion and to strengthen the development banking role of the National Bank of Hungary. The project consists of: (a) a credit package which would be onlent by NBH to finance the foreign exchange costs of about 15 export-oriented and industrial restr

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The project “INDUSTRIAL RESTR.” is an infrastructure initiative in the Chemical (Industrial) sector, located in Hungary. Taiyo aggregates data on it from World Bank Group.

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Participants

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Status

Original status

closed

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Description

Description

The main objectives of the Industrial Export Restructuring Project are to support the Government's programs for industrial restructuring and export expansion and to strengthen the development banking role of the National Bank of Hungary. The project consists of: (a) a credit package which would be onlent by NBH to finance the foreign exchange costs of about 15 export-oriented and industrial restructuring subprojects which have been identified and preappraised by the Bank; (b) two credit lines to NBH, one for export promotion and the other for industrial restructuring to help finance between 20 and 27 subprojects meeting agreed eligibility criteria; and (c) expert and advisory srvices required for carrying out three subsectoral development strategy studies, the feasibility study of a chemical project, and institutional strengthening of NBH.

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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