The National Debt Management Center (NDMC) and the Japanese Export Credit Agency (NEXI) have announced the arrangement of a $1.5 billion financing agreement with a 12-year tenor to support procurement projects in the water and energy sectors.
The announcement was made during the Saudi–Japanese Roundtable, recently held in Riyadh, in the presence of NDMC Chief Executive Officer Hani Almedaini and NEXI Chairman of the Board and Chief Executive Officer Atsuo Kuroda.
This financing arrangement reflects ongoing efforts to strengthen commercial and investment ties between Saudi Arabia and Japan, while leveraging available financing mechanisms to support government projects in line with Saudi Vision 2030.
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