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EXIM Bank of India announces two new Lines of Credit to the Kingdom of Eswatini

Posted on: June 21, 2021 | Back | Print

HIGH COMMISSION OF INDIA
MBABANE (Eswatini)
PRESS RELEASE
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EXIM Bank of India announces two new Lines of Credit
to the Kingdom of Eswatini

The following two Lines of Credit to the Kingdom of Eswatini have been announced by the EXIM Bank of India In the month of June 2021:

03 June 2021

Line of Credit Agreement worth US$ 10.4 million has been concluded with the Kingdom of Eswatini by the EXIM Bank of India for construction of a Disaster Recovery Site (DRS) to the National Data Center (NDC) of the Royal Science & Technology Park (RSTP). Earlier, an EXIM Bank of India’s Line of Credit worth US$20 million was availed by the Kingdom of Eswatini for the construction of RSTP itself.

15 June 2021
Line of Credit Agreement worth US$ 108.28 million has been concluded with the Kingdom of Eswatini by the EXIM Bank of India for construction of Eswatini’s new Parliament Building.

With the above two lines of credit, EXIM Bank of India has extended four Lines of Credit so far to the Kingdom of Eswatini aggregating to US$ 176.58 million to cover projects in sectors including agriculture, information technology, construction and disaster management.

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21 June 2021