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Piaggio

Sector: Warehouse • Location: Viet Nam

Source: International Finance Corporation (IFC)

Project
Completed

The proposed investment includes support to Piaggio & C. S.p.A. (“Piaggio”, or the “Sponsor”), for its two separate projects in Vietnam and India. The project in Vietnam comprises establishment and start-up of operations of approximately 100,000 units per annum (p.a.) capacity, green-field, two-wheeler manufacturing facility in Vinh Phuc, Vietnam, targeting domestic market and regional exports. Th

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The project “Piaggio” is an infrastructure initiative in the Warehouse sector, located in Viet Nam. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

Sponsoring Agency

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Company

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Status

Original status

completed

Taiyo status

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Taiyo last update

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Available timestamps

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Email

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Description

Description

The proposed investment includes support to Piaggio & C. S.p.A. (“Piaggio”, or the “Sponsor”), for its two separate projects in Vietnam and India. The project in Vietnam comprises establishment and start-up of operations of approximately 100,000 units per annum (p.a.) capacity, green-field, two-wheeler manufacturing facility in Vinh Phuc, Vietnam, targeting domestic market and regional exports. The project is being implemented by Piaggio Vietnam Company Ltd. (“PV”), which was established in 2007. The project in India includes establishment of a plant to manufacture compact and more fuel-efficient 1000cc and 1200cc diesel and turbo diesel engines for light commercial vehicles (“LCV”s) and two-wheelers, with an installed capacity of 150,000 engines p.a. The project is being implemented by Piaggio Vehicles Private Ltd. (“PVPL”) in its existing LCV plant in Baramati, Maharastra, India. PVPL was established in 1998 and the planned engine investment targets exports and the domestic market.

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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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