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WCS COVID AMRET

Sector: Raw Materials • Location: Cambodia

Source: International Finance Corporation (IFC)

Project
Completed

The proposed project entails an IFC investment of up to US$50 million in a senior loan, consisting of an up to US$25 million IFC A Loan and an up to US$25 million B Loan to Amret Plc. (“Amret” or “the Company”) with at least 30 percent of the loans expected to be used on women and women-owned micro, small, and medium enterprises (MSMEs) in Cambodia. The investment aims to support the Company’s wor

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The project “WCS COVID AMRET” is an infrastructure initiative in the Raw Materials sector, located in Cambodia. 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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Email

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Description

Description

The proposed project entails an IFC investment of up to US$50 million in a senior loan, consisting of an up to US$25 million IFC A Loan and an up to US$25 million B Loan to Amret Plc. (“Amret” or “the Company”) with at least 30 percent of the loans expected to be used on women and women-owned micro, small, and medium enterprises (MSMEs) in Cambodia. The investment aims to support the Company’s working capital lending program to Cambodian MSMEs that have been impacted by Covid-19 (the Project), particularly those in the garments, tourism and construction sectors, and will be supported by an IDA Private Sector Window (PSW) Blended Finance Facility.

Original sub-sector

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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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