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Agripac III

Sector: Warehouse • Location: Ecuador

Source: Inter-American Development Bank (IADB)

Project
In Implementation

IDB Invest's operation consists of a loan in favor of Agripac S.A. ("Agripac" or "The Company") for up to US$20 million with an eight-year term and guarantee on the land and industrial balanced feed and pet food facilities. The funds from the loan will be used to finance: (i) a new line of pet food and a palletizing and bagging robot for balanced shrimp feed; (ii) acquisition of land for logistica

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The project “Agripac III” is an infrastructure initiative in the Warehouse sector, located in Ecuador. Taiyo aggregates data on it from Inter-American Development Bank (IADB).

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Participants

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Original status

in implementation

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Description

Description

IDB Invest's operation consists of a loan in favor of Agripac S.A. ("Agripac" or "The Company") for up to US$20 million with an eight-year term and guarantee on the land and industrial balanced feed and pet food facilities. The funds from the loan will be used to finance: (i) a new line of pet food and a palletizing and bagging robot for balanced shrimp feed; (ii) acquisition of land for logistical improvements in the sale and storage of finished products; (iii) construction of corn storage silos and warehouses for soybean paste storage; (iv) expansion to new points of sale in Ecuador; and (v) implementation of SAP Logistics aligned with Agripac's digitalization strategy.

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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