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MAL - PRAN

Sector: Raw Materials • Location: Bangladesh

Source: International Finance Corporation (IFC)

Project
Active

 The group of companies known as PRAN Group (“PRAN” or the “Group”) was established in 1981 and is the leading branded food and beverage group and the largest agro-processor in Bangladesh. The Group is a well-known household brand in Bangladesh, and produces more than 400 food products in at least 10 major categories including juices and drinks, snacks, dairy, spices, confectionary and frozen food

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Project Information

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The project “MAL - PRAN” is an infrastructure initiative in the Raw Materials sector, located in Bangladesh. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

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Description

Description

 The group of companies known as PRAN Group (“PRAN” or the “Group”) was established in 1981 and is the leading branded food and beverage group and the largest agro-processor in Bangladesh. The Group is a well-known household brand in Bangladesh, and produces more than 400 food products in at least 10 major categories including juices and drinks, snacks, dairy, spices, confectionary and frozen foods. PRAN exports to 134 countries around the world.  The project is to support long-term working capital financing as well as financing of additional capital expenditures for wafer and aseptic lines, as well as maintenance capital expenditures at PRAN entity Mymensingh Agro Limited (“MAL” or the “Company”) for a total project cost of approximately US$56.8 million (the “Project”).                                                  

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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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