Regulation for the International Cooperation and Development Fund in Providing Guarantee for Credit Facilities extended to Private Enterprises who Invest in Countries with Formal Diplomatic Relationships Article 6

(1) To apply for the Fund’s guarantee, a private enterprise shall submit an investment plan to the Investment Commission of the Ministry of Economic Affairs for an approval or consent subject to review. The private enterprise shall self-finance not less than 30% of the total amount of the investment plan.(2) The guarantee provided by the Fund is a middle to long term credit and is limited to 70% of the total amount required under the investment plan. The purpose of the plan must comply with the following requirements:1. to be used as capital of the business invested by the private enterprise for the business to acquire fixed assets such as land, factory building or equipment for production as well as working capital as required.2. to fund the money required by the private enterprise to acquire fixed assets such as land, factory building or equipment for production in the implementation of the investment plan and working capital.3. to fund the money required by the business invested by the private enterprise to acquire fixed assets such as land, factory building or equipment for production and working capital.(3) The line of guarantee that may be provided for the working capital as referred to in the foregoing paragraphs shall not exceed the actual working capital as required and, in any event, shall not exceed one-fourth of the total amount of the credit facility.