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Nicaragua Sugar

Sector: Water Supply and Storage • Location: Nicaragua

Source: Inter-American Development Bank (IADB)

Project
In Implementation

The proposed financing consists of an 8-year senior loan of up to US$37.5 million to be provided to Nicaragua Sugar States Limited (“Nicaragua Sugar”) as follows: US$25 million funded by IDB Invest and US$12.5 million funded by concessional funds administered by IDB. Nicaragua Sugar, one of the leading companies in the sugar sector in Nicaragua and Central America, will use of the financing (i) to

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The project “Nicaragua Sugar” is an infrastructure initiative in the Water Supply and Storage sector, located in Nicaragua. Taiyo aggregates data on it from Inter-American Development Bank (IADB).

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in implementation

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Description

Description

The proposed financing consists of an 8-year senior loan of up to US$37.5 million to be provided to Nicaragua Sugar States Limited (“Nicaragua Sugar”) as follows: US$25 million funded by IDB Invest and US$12.5 million funded by concessional funds administered by IDB. Nicaragua Sugar, one of the leading companies in the sugar sector in Nicaragua and Central America, will use of the financing (i) to continue to improve its efficiency and productivity levels through industrial and agricultural investments, (ii) for permanent working capital needs of its operations and its supply chain, and (iv) for green projects that improve its use of resources, especially water. The sugar sector in Nicaragua is one of the main agribusiness and export sector in the country.

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Source reliability

High

Data quality score

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