Supporting A key transit hub

In Sri Lanka, DFC announced a $553 million loan for a new deepwater shipping container terminal in the Port of Colombo that will provide critical infrastructure for the region. DFC financing will help transform Colombo into a world-class logistics hub at the intersection of major shipping routes and emerging markets.

DFC’s work with private sector partners is providing support for the Sri Lankan people and helping to create jobs and opportunities.

DFC Commits Half Billion Dollars to Port Infrastructure in Colombo, Sri Lanka

The DFC loan of $553 million for the West Container Terminal will “expand its shipping capacity, creating greater prosperity for Sri Lanka — without adding to sovereign debt — while at the same strengthening the position of our allies across the region.”

U.S. Finance Agency Lends to Sri Lankan Port to Counter Chinese Influence

“The realities in this region and for global trade make this a critical addition to our global infrastructure,’ Scott Nathan, chief executive of the U.S. agency, told a news conference in Colombo, Sri Lanka’s capital.

US commits $553 mln financing for Adani terminal venture at Colombo port

The U.S. International Development Finance Corporation (DFC) said it will provide $553 million financing for a Colombo port terminal project, partly owned by India's Adani Group, advancing the first foray by an Indian company into the sector.

US lends $553mn to majority Adani-owned port in Sri Lanka

The deal is an example of how countries such as the US and India are responding to a debt crisis in Sri Lanka, which last year became the first Asia-Pacific country in more than two decades to default on its foreign debts.

US Invests $553 Million in Adani’s Sri Lanka Port to Curb China’s Influence

“It is a high priority for the US to be active in the Indo-Pacific region,” Scott Nathan, the DFC’s chief executive officer told reporters in Colombo Wednesday. “It is obviously the engine of economic growth for the world.”

China had invested about $2.2 billion in the island nation as of the end of last year, its biggest foreign direct investor. US officials have publicly criticized Sri Lanka’s little-used southern Hambantota port as unsustainable and part of what it calls China’s “debt-trap diplomacy.”

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Supporting A critical maritime and energy supply hub

In Greece, DFC signed a financing agreement for a

$125 million loan to ONEX Elefsis Shipyards and Industries (ONEX).

ONEX will use the loan to rehabilitate and modernize the Elefsina shipyard. The investment will help create a maritime and energy supply hub that will generate good local jobs and diversify energy supplies for the country and region.

“DFC’s investment in the Elefsina shipyard will develop a maritime and energy supply hub that will create good local jobs here in Greece and help the country and region become less reliant on Russian energy.”

The president and CEO of the ONEX Shipyards & Technologies group, Panos Xenokostas , referred to the contribution of both the American and Greek governments to reach the agreement. ‘We are here and we build shipyards for the Greek shipowners’ he said.

Since its founding in 2019, the DFC has been at the forefront of Washington’s efforts to invest in its partners and allies and ensure that key strategic assets stay out of the hands of malign actors.

The agreement, amounting to 125 million dollars...is part of the plan for the independence of the wider region from Russian gas, but also the promotion of "green" transition projects, especially offshore wind farms.

Advancing Strategic Relations with Key Regional Partner

DFC CEO Nathan returned to Vietnam for his second trip to the country in two months – demonstrating the country’s importance to DFC and the United States

In Ho Chi Minh City, CEO Nathan and U.S Ambassador to Vietnam Marc Knapper conveyed DFC’s enduring commitment to helping build a strong, independent, resilient, and prosperous Vietnam within the framework of the Comprehensive Strategic Partnership.

DFC CEO returns to VN to advance strategic relations with key regional partner

“My return trip this time is just two months after participating in the historic visit of US President Joe Biden, demonstrating DFC's commitment to supporting Vietnam's private economic sector,” the DFC CEO emphasized.

Vietnam has become DFC's largest market in Southeast Asia

This is [CEO Nathan’s] second visit to Vietnam within the past 2 months, to strongly demonstrate the importance of choosing Vietnam as an investment partner of DFC and the United States. With the announced 737 million USD, Vietnam becomes DFC's largest market in Southeast Asia.

Leader of the US DFC: Committed to supporting the Vietnamese private economy

On November 9, Mr. Scott Nathan, general director of the US International Development Finance Corporation (DFC), made his second visit to Ho Chi Minh City within two months, demonstrating the importance of Vietnam to DFC and America.

US finance institution DFC to open representative office in Ho Chi Minh City

DFC, under the U.S. government, will open its representative office in Ho Chi Minh City to better support the local private sector with its funding and financial tools, DFC CEO Scott Nathan said during an interview.

Total exposure

Countries with DFC projects

Commitments in FY23

of DFC’s FY23 commitments advance President Biden’s Partnership for Global Infrastructure

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