Paper machine to Emirate of Abu Dhabi

Exporter: Valmet Technologies, Inc.
Guarantee Holder: HSBC Bank plc
Lender: Finnish Export Credit Ltd
Borrower: Ittihad International Investment LLC
Export transaction/Goods: Paper machine
Country of Export transaction: Emirate of Abu Dhabi
Credit amount: Approx. 53 million
Credit period: 8 years
Project classification: B
Environmental and social impact information:Main items of the environmental and social review were migrant workers, workers’ rights, occupational health and safety and water consumption
International standards applied in benchmarking: IFC Performance Standards and relevant EHS Guidelines.
Contact point: environment (at) finnvera.fi
Information published: 23.1.2018