Exim Bank's $2 Billion Loan to UAE's Nuclear Build to Create 5,000 U.S. Jobs

Exim Bank's $2 Billion Loan to UAE's Nuclear Build to Create 5,000 U.S. Jobs

Exim Bank

JOHANNESBURG--September 11, 2012--Written by Richard Finlayson, Senior International Editor for Industrial Info Resources (Sugar Land, Texas)--According to estimates derived from the U.S Census Bureau, thousands of jobs will be created in the country based on a $2 billion direct loan authorized by the Export-Import (Exim) Bank to the United Arab Emirates' Barakah One Company. The loan will underwrite the export of U.S equipment and service expertise for the construction of a nuclear power plant in Abu Dhabi.

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