German ambulances and other EMS vehicles meeting
KfW IPEX-Bank arranges financing Volkswagen vehicle exports transformed into ambulances by WAS.
Contribution to a change for the better in ambulatory care for the rural population in Ghana.
KfW IPEX-Bank finances the conversion of more than 150 Volkswagen trucks in ambulance vehicles and mobile clinics and their delivery to the Republic of Ghana The loan agreement was signed in December and was traded Monday in Accra, Republic Ghana, in the presence of high-ranking members of the Ghanaian government and representatives of the companies concerned.
Basic models T5 and Crafter vans Volkswagen will be converted by WAS Wietmarscher Ambulanz- Sonderfahrzeug GmbH und medium-sized company is the European market leader for conversions of specialized vehicles and has successfully delivered ambulances and mobile clinics in the world in collaboration with several major automobile manufacturers.
Christian K Murach, member comments and CEO of KfW IPEX-Bank This is a remarkable example for the additional value of a structured finance and organized by KfW IPEX-Bank's application for a loan granted by the Agency cover German export credit, Euler Hermes, built the foundation that has made this important German export as possible, which will help improve the living conditions for many people in Ghana.
The vehicles will be delivered to the Ghanaian Ministry of Health in three batches starting in March 2011 will be used by the NAS Ambulance Ghana National Service NAS needs urgent ambulance vehicles and mobile clinics to improve patient care in especially for the rural population in Ghana Many of the people living in remote areas have limited access to medical care and services that may soon be brought to them.
Universal Motors Ltd Volkswagen's local partner in Ghana, started the company and plays an important role in the transaction Universal Motors oversee the proper delivery of the vehicles in Accra and provide service, maintenance and technical supervision of ambulance cars according to Volkswagen standards in the coming years during the transaction, Universal Motors was advised by TL African Business Development, a consulting firm specializing in project finance in west Africa.
The financing of EUR 10 million with a tenor of six years the cover of the German Agency of Export Credit, Euler Hermes, and enjoys the fixed interest rate CIRR Commercial Interest Reference Rate.
Press photos, photomontage of an ambulance vehicle and a photograph of the exchange ceremony are available in the press section on the hompage of KfW IPEX-Bank under Hardware for press photography.
Within KfW KfW IPEX-Bank is in charge of international project and export finance is responsible for providing financing to support the German and European economy, a task derived from the legal mandate assigned to KfW Bankengruppe's Its primary objective is on medium and long -TERM loans to boost the export economy, develop economic and social infrastructure and support projects to protect the environment and climate KfW IPEX-Bank operates as a subsidiary of the legal group independent and plays a major role in fulfilling the promotional mission of KfW Bankengruppe He's about 490 employees from July 2010 and is represented in the key economic and financial centers throughout the world.
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