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DFC I

Sector: Manufacturing (Industrial) • Location: Peru

Source: World Bank Group

Project
Closed

The COFIDE Project will help cover foreign exchange costs of economically efficient manufacturing and processing projects with a favorable impact on the country's balance of payments. Because of their potential for earning foreign currency, tourism projects will also be eligible. Beneficiaries will include mostly medium and large enterprises regardless of their form of ownership (this will include

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The project “DFC I” is an infrastructure initiative in the Manufacturing (Industrial) sector, located in Peru. Taiyo aggregates data on it from World Bank Group.

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Participants

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Status

Original status

closed

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Description

Description

The COFIDE Project will help cover foreign exchange costs of economically efficient manufacturing and processing projects with a favorable impact on the country's balance of payments. Because of their potential for earning foreign currency, tourism projects will also be eligible. Beneficiaries will include mostly medium and large enterprises regardless of their form of ownership (this will include state owned, reformed private, private and Social Property Enterprises). However, no more than 30 of the loan ($10.5 million equivalent) could be re-lent to Social Property Enterprises reflecting the lack of experience with this form of self-managed firm. For the same reason subloans to Social Property Enterprises will require Bank approval, whereas a free-limit of US$500,000 will apply to other subprojects.

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Original Currency

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Original budget

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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