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OECF |
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On the basis of his case study of a railway construction project funded by yen loans in China, Gang Zhang similarly concludes: "This case study finds no sign indicating that the Japanese companies in this case have benefited from the fact that the project is financed by OECF [currently JBIC] yen loan. Although EPA has a legal authority over OECF, one of Japan's aid-implementing agencies, the other three members in the four-ministry system have much stronger influence over OECF than does EPA. 14) Based on the reports of study groups, for example, guidelines were established by both JICA and OECF to make sure each project had components addressing poverty alleviation, WID, and other relevant areas. |
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