WASHINGTON - IDB Invest signed a financing agreement of up to US$10 million with Hadco Holdings Limited and its largest operating company, Hadco Limited, to support the trade of goods—including food products— and enhance food security in Trinidad and Tobago and across the Caribbean. This investment will enable Hadco to grow its operations in retail and distribution and implement a sustainability strategy.

The project aims to strengthen supply chain resilience and advance regional trade integration across the Caribbean. The financing will provide Hadco with trade finance solutions to support strategic investments, enabling Hadco Holdings to maintain competitiveness, expand its retail and distribution footprint, and implement operational efficiency improvements.

The financing package from IDB Invest includes a US$5 million committed trade finance facility, along with an additional US$5 million uncommitted facility that may be used for trade finance transactions or strategic capital expenditures.

IDB Invest will provide technical advisory services to Hadco to support the development of a comprehensive sustainability strategy. This will include biodiversity and conservation studies—particularly focused on local bird species relevant to its ecotourism business—as well as the strengthening of the company’s environmental and social management system.

About IDB Invest

IDB Invest, a member of the IDB Group, is a multilateral development bank committed to promoting the economic development of its member countries in Latin America and the Caribbean through the private sector. IDB Invest finances sustainable companies and projects to achieve financial results and maximize economic, social, and environmental development in the region. With a portfolio of $22 billion in assets under management and more than 440 clients in 25 countries, IDB Invest provides innovative financial solutions and advisory services that meet the needs of its clients in a variety of industries. Visit our website: www.idbinvest.org/en.

About Hadco

Hadco Holdings Limited (HHL) is a diversified Caribbean conglomerate incorporated in Trinidad and Tobago in 1992 and jointly owned by John, Joseph and Robert Hadad. The Group operates 12 trading companies across four strategic divisions – Distribution, Manufacturing, Recycling and Experiences. Hadco Limited, wholly owned by HHL, is the Group’s largest operating company, supporting the retail and distribution of food & beverage and electrical & lighting items, as well as logistics activities, the recycling of paper, cardboard, waste vegetable oil and lead-acid batteries and the manufacturing of ice cream, novelties and ice cream cones. Through its Experiences Division, the company promotes eco-tourism in Trinidad & Tobago with the provision of accommodation and bespoke holiday adventures. Across its businesses, HHL is embedding environmental, social and governance (ESG) principles through energy-efficient lighting solutions, improved logistics and warehousing efficiencies, recycling and waste-reduction initiatives as well as conservation-led ecotourism