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Milagro S.A.- San Miguel Uruguay S.A.

Sector: Water Supply and Storage • Location: Uruguay

Source: International Finance Corporation (IFC)

Project
Completed

San Miguel Uruguay owns and operates 3,744 ha of land in Uruguay, including 1,444 planted with sweet citrus trees. The project objective is primarily to modernize and expand sweet citrus plantations and associated activities consistent with 2008-2017 investment plans. Specific elements of the investment include:- developing 1,175 ha of new irrigated plantation of sweet citrus to reach 2,056 ha (1

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The project “Milagro S.A.- San Miguel Uruguay S.A.” is an infrastructure initiative in the Water Supply and Storage sector, located in Uruguay. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

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Status

Original status

completed

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Description

Description

San Miguel Uruguay owns and operates 3,744 ha of land in Uruguay, including 1,444 planted with sweet citrus trees. The project objective is primarily to modernize and expand sweet citrus plantations and associated activities consistent with 2008-2017 investment plans. Specific elements of the investment include:- developing 1,175 ha of new irrigated plantation of sweet citrus to reach 2,056 ha (1074 ha of mandarin, 374 ha of table orange, and 518 ha of juice orange) over the next ten years, planting 150 ha per year - enlarging fruit packing plants; and - building a new packing and a industrial processing plant. San Miguel Uruguay is a Uruguayan holding company, 100% owned by San Miguel Argentina, which owns 100% of the capital of Milagro S.A. (orchards and Young packing house) and of Terminal Frutera S.A. (Montevideo packing house, industrial facility, and trade). The consolidated operation is referred to as “Milagro” in all text below.

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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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