SONOCO II
Sector: Consumer Products • Location: Guinea
Source: International Finance Corporation (IFC)
The proposed investment is an 8-year IFC A-Loan to Fermav Industries (the “Company”), a subsidiary of Groupe SONOCO, S.A (“SONOCO”, the “Group”) a client based in Conakry, to support a greenfield poultry project in Guinea. The Group is a repeat IFC client since 2019 and is a Fast-Moving Consumer Goods (FMCG) player and leader in the wheat milling industry. SONOCO has other subsidiaries and Ferma
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | pending |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | The proposed investment is an 8-year IFC A-Loan to Fermav Industries (the “Company”), a subsidiary of Groupe SONOCO, S.A (“SONOCO”, the “Group”) a client based in Conakry, to support a greenfield poultry project in Guinea. The Group is a repeat IFC client since 2019 and is a Fast-Moving Consumer Goods (FMCG) player and leader in the wheat milling industry. SONOCO has other subsidiaries and Fermav is the subsidiary dedicated to the integrated poultry farm. The ESRS and ESAP for the original project can be found in https://disclosures.ifc.org/project-detail/ESRS/40276/sonoco. IFC’s loan will support an integrated poultry operation consisting in three mains components: (i) the development of poultry facilities in Daboyah (including a breeding facility, several breeding houses and a hatchery with incubators) on the outskirts of Kindia town, (ii) the construction of a slaughterhouse in Massayah, and (iii) the construction of the feed mill in Sanoyah. Construction of all the facilities has commenced with some being nearly completed and others expected by March 2027. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
Project Type | Obfuscated Data |
Article Published Date | Obfuscated Data |