Tokyo is considering allowing Japan Bank for International Cooperation, a state-run bank, to provide low interest loans to support exports of military aircraft.
ShinMaywa Industries’ US-2 and Kawasaki Heavy Industries’ C-2 will benefit from such an arrangement.
Masanobu Oogaki, a project manager at Kawasaki’s aerospace division helping oversee the C-2 project, said government officials have discussed securing loans from JBIC once an overseas buyer is found.
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