The National Debt Management Center (NDMC) and the Japanese Export Credit Agency (NEXI) Announced the Arrangement of a USD 1.5 Billion Financing Agreement.

The National Debt Management Center (NDMC) and the Japanese Export Credit Agency (NEXI) announced its arrangement of a twelve-year financing agreement amounting to USD (1.5) billion aimed at supporting the procurement in the water and energy sectors during the Saudi Japan Ministerial Investment Forum held in Riyadh on Sunday, 11 January 2025.

The announcement was in the presence of the CEO of the National Debt Management Center, Mr. Hani Almedaini, and the Chairman of the Board and CEO of the Japanese Export Credit Agency (NEXI), Mr. Atsuo Kuroda.
This financing comes as part of the efforts to strengthen the commercial and investment relations between the two countries, and to leverage available financing channels for government projects in alignment with Saudi Vision 2030.

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