Grupo Industrial Bimbo, S.A. de C.V.

completed

Summary Of Project Information (SPI)Project NameMexico-GIBSA III     RegionLatin America and CaribbeanSectorProject No007053Projected Board DateSeptember 28, 1995Company NameGrupo Industrial Bimbo, S.A. de C.V.Technical Partner and/or Major Shareholders Servitje, Sendra and Mata Roman families.Project Cost Including proposed IFC investment US$200.4 Proposed IFC investment: “A” Loan of US$20 million Asset backed certificate: US$5 million “C” Loan of US$30 millionLocation of project and Description of site Mexico. Project sites include various locations in different parts of Mexico.Description of Company and Purpose of Project The company produces, markets and distributes prepackaged bread and bakery products. The purpose of the project is to assist the Company in financing the modernization and expansion of its production and distribution facilities.Environmental Category and Issues This is a category “B” project according to IFC’s environmental review procedure. Environmental, health and safety issues include air emissions, liquid effluents, solid wastes, and general employee training, and health and safety. IFC will ensure that (i)GIBSA designs and operates this project in compliance with all pertinent Government of Mexico and local standards as well as the World Bank guidelines; (ii) by evaluating monitoring reports submitted annually to IFC by GIBSA; and (iii) by conducting periodic supervision. The is from the Public Information Center.Date SPI sent to PIC September 11, 1995For Additional Information contact: Corporate Relations Unit -telephone: (202) 473-7711facsimile: (202) 676-0365Environmental documents for this project are available at http://www.ifc.org and from the World Bank InfoShop (http://www.worldbank.org/html/pic/aboutinfo.html).