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Redstart Guyana

Sector: Residential • Location: Guyana

Source: Inter-American Development Bank (IADB)

Project
In Implementation

The IDB Invest’s financing of up to US$45 million with a 12 year-tenor to Redstart Investment Guyana Inc. (Redstart Guyana) seeks to support the construction of a distribution center and a commercial complex in Guyana. Redstart Guyana, a real estate developer under common control (ultimate shareholders) as Grupo Unicomer, was incorporated in Guyana in 1991 and specializes in developing and operati

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The project “Redstart Guyana” is an infrastructure initiative in the Residential sector, located in Guyana. Taiyo aggregates data on it from Inter-American Development Bank (IADB).

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Participants

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in implementation

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Description

Description

The IDB Invest’s financing of up to US$45 million with a 12 year-tenor to Redstart Investment Guyana Inc. (Redstart Guyana) seeks to support the construction of a distribution center and a commercial complex in Guyana. Redstart Guyana, a real estate developer under common control (ultimate shareholders) as Grupo Unicomer, was incorporated in Guyana in 1991 and specializes in developing and operating various real estate assets, including offices, distribution centers, stores, and services center for the local branch of Unicomer Group and third-party clients.The expected development impacts of IDB Invest’s financing include: (i) foster growth and job creation; (ii) enhance efficiency; (iii) contribute to domestic supply chain growth; and (iv) increase MSMEs access to economic activity.

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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