Many foreigners asked a lot of questions on how to start with the projects that apply for China Eximbank financing. Eximbank is a policy bank, and most of its financing need sovereign guarantee, and the most ifficult is whether  the foreign employer can get sovereign guarantee to our financing. And Chinese Epc will evaluate the possibility to work with you as agent is to check whether you can help to locate the sovereign guarantee through your hard work or your connection with the government departments such as Ministry of Power, Industry, Railway, Air port, Cement, or other industries, and your conection with the Ministry of Finance, which usually issue sovereign guarantee.

If you start with evaluating the possibility of locating sovereign guarantee, then you will save a lot of time.

But most foreign employers or agents start their job for EPC and financing with the technical issues, and do a lot of feasibility, touring around the equipment producers, and so on, and even after EPC contracts signed with EPC, final step to contact the Ministry of Finance. When they are turnt down for sovereign guarantee, only could they find out they start with the wrong point.

so the shortcut to evaluate whether to invest in one or some projects, you should evaluate at the first step with the possibility of sovereign guarantee. you are suggested to provide your EPC with documents to prove that you can get the sovereign guarantee, LOI for applying financing from Eximbank signed by Minister of Finance and other documents, famous EPC will be ready to work with you. 

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