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Tuesday, December 15, 2009

Government of Japan Import Support Programme of Japanese Yen 1,000,000,000 (KES 827,020,000) to finance import of goods call for import funding

The Government of Japan has made available to the Government of Kenya an Import Support Programme of Japanese Yen 1,000,000,000 (KES 827,020,000).

This programme is designed to help finance a wide range of imported new goods including raw materials and finished goods.

The programme is untied and goods do not need to be of Japanese origin.

NB: This is a rapid disbursing programme and is not suitable for Project funding.

Please note that applications will be processed strictly according to the terms of the programme and criteria as set by the implementing committee.

Applications for an allocation of funds [minimum value Japanese Yen 6,045,803 (KES 5 Million) and maximum value Japanese Yen 24,183,212 (KES 20 Million)] are hereby invited from importers.

Applications complete with all supporting documents must be received between 9.00 a.m. and 5.00 p.m. NOT later than 1 February 2010 at 5.00 p.m.

The Terms of the Programme are as follows:-

(I) Eligible goods for import are as per UNSITC codes (Rev. 2) listed below, full descriptive details of eligible goods are available at Crown Agents Nairobi office:
081, 232, 233, 244, 263, 264, 265, 266, 267, 268, 271, 277, 278, 281, 287, 288, 322, 323, 333, 334, 335, 511, 512, 513, 514, 515, 516, 522, 523, 531, 532, 533, 562, 582, 583, 584, 585, 592, 598, 612, 621, 625 Except 625.1.2 and 625.4, 628, 633, 651, 653, 657.51, 657.52.10, 657.52.11, 657.52.12, 657.52.13, 658.1, 661,671, 672, 673, 674,
675, 676, 677, 678, 679, 682, 683, 684, 685, 686, 687, 689, 691, 692, 693, 694, 695, 711, 712, 713 Except 713.1, 713.2.5 and 713.3, 716, 718 Except 718.7, 721, 722, 723, 724, 725, 726, 727, 728, 736, 737, 741 Except 741.31.10, 741.31.38, 741.32.14, 741.32.34 and 741.5, 742, 743 Except 743.5.1 and 743.5.2, 744, 745 Except 745.24, 749, 771, 772 Except 772.3.3, 773, 778 Except 778.85, 782 Except 782.1.1, 782.1.6, 782.1.25, 782.1.26, 782.1.27, 782.1.28 and 782.2, 783, 784, 786 Except 786.12.2, 786.12.3, 786.12.9, 786.12.13, and 786.81, 791.52, 791.99, 812 Except 812.2 and 812.4, 873, 874 Except 874.52, 899.19.7

(II) All companies who have participated in both JNPGA Kenya Year 20(2006) and 21(2007) (previous grants) will NOT be eligible for this grant.

(III) The grant will automatically exclude end users who have not paid any overdue Counter Value Funds (CVF) from the previous grants.

(IV) Importer to pay the full FOB value of goods as follows:

a. Payment to be made in Kenya Shillings fixed at the average exchange rate for September 2009 (100 Japanese Yen to KES 82.7020)

b. Ten percent deposit, payable to the Ministry of Finance by a bankers cheque on approval of application

c. Ninety percent balance payable to the Ministry of Finance by a banker’s cheque 360 days from the date the goods arrive in Kenya.

d. Payment of the ninety percent to be secured by a bank guarantee, drawn on an approved bank

(V) All procurement under the programme will be undertaken by the Crown Agents.

Further information on the programme and application forms indicating terms for importers are obtainable free of charge from the Crown Agents offices in Nairobi at their address given below:

N/B: Please note the application documents are ONLY obtainable from Crown Agents

Crown Agents
I & M Bank House, 2nd Ngong Avenue, Upper Hill
5th Floor- Left Wing, P.O.Box 47246, GPO 00100 Nairobi
Tel: 2729032/4/6/8 Fax: 2729042
Email: crownagents @ ke.crownagents.com
Contact Person: Mr. Booker Odenyo, Country Director
Mr. Mutua Kilaka, CBS, SS
Financial Secretary
Ministry of Finance
The Treasury Building
Nairobi

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