VOL. XLII

No. 11

15-March-1999

OMAN

JEXIM Consortium Signs $250Mn Loan With Oman

The Governor of the Export-Import Bank of Japan (JEXIM) Mr.Hiroshi Yasuda, and the Omani Minister of National Economy and Supervisor ofthe Ministry of Finance, Mr. Ahmad bin 'Abd al-Nabi Makki, signed a loanagreement on 10 March during Mr. Makki痴 visit to Japan. The loan, worth$250mn, is to be used to finance a port in the north of the Sultanate. JEXIMwill provide 50% of the facility, while the remainder will be...