Company name
Bebidas del Paraguay S.A.
Project number
PR3572A-01
N/A
E&S category
N/A
Country
Paraguay
Sector
Manufacturing
Status
In implementation
Disclosed date
03/16/2007
Projected date at which a project will be put forward for the Board of Executive Directors’ approval.
Projected board date
04/17/2007
Approval date
05/29/2007
Signed date
N/A
Sponsoring entity
N/A
Investment Operations Department Contact
N/A
Investment type
Syndicated amount
USD $ 4,000,000
Financing amount
N/A
Currency
USD
Project scope and objective
Bebidas del Paraguay S.A. ("BPy") and Distribuidora del Paraguay S.R.L. ("DPy") are in the business of carbonated beverages, mineral water, isotonic drinks, and natural fruit juice. BPy produces and DPy distributes and markets them. These enterprises have a portfolio of prestigious local brands such as: "PULP" (sodas with natural juice extracts), "MAXI" (sodas with synthetic flavors), "FULLPOWER" (isotonic drinks), and "LA FUENTE" (carbonated and non-carbonated mineral water). The "PULP" brand is a flagship domestic brand. It was created in 1937 and is the first carbonated drink made from natural juice extracts (orange and grapefruit).
The proposed project’s objective is to expand an almost six-fold increase in production capacity by building and outfitting a new industrial plant for carbonated drinks, mineral water, and natural fruit juices. The plant is located on twelve hectares of land along the "Acceso Sur" route, in the city of San Antonio (about 12 km from Asunción). BPy would use the IIC loan to purchase machinery and equipment and pay off eventual short-term bridge loans from suppliers or financial institutions, in order to create an appropriate structure for financing its investments.
For inquiries, comments and information requests about the project
Request informationLearn more about how we provide private-sector solutions in the region .
Contact information
For inquiries, comments and information requests about the project
Request informationAlternatively, you may also use the following contact information :
Client Contact
N/A
PHONE NUMBER
N/A
POST OFFICE ADDRESS
N/A
IDB Invest Contact
requestinformation@idbinvest.org
PHONE
+1(202)-566-4566
ADDRESS
1350 New York Ave NW, Washington, DC 20005
COUNTRY OFFICES
IDB Invest Country OfficesIndividuals or communities can submit complaints and concerns related to environmental, social, or corporate governance issues to the Management Grievance Mechanism by e-mailing mgm@iadb.org or by calling +1 202 312 4040.
As a last resort, affected communities have access to the IDB Invest Independent Consultation and Investigation Mechanism by writing to mecanismo@iadb.org or MICI@iadb.org or calling +1(292) 623-3952.
IDB Invest has zero tolerance to reprisal or retaliation against anybody who voices its opinion or opposition to IDB Invest-financed projects.
For inquiries, comments and information requests about the project
Request informationLearn more about how we provide private-sector solutions in the region .
Environmental and social review
IDB Invest conducts an environmental and social due diligence (ESDD) commensurate with the nature, scale, and stage of the project, and with its level of environmental and social risks and impacts. The ESDD will confirm the project E&S categorization and assess the project with respect to the client requirements in IDB Invest Environmental and Social Sustainability Policy. The results of the ESDD, including any identified gaps are described in the Environmental and Social Review Summary (ESRS) provided below. For projects approved as of 2016, any gaps with respect to IDB Invest's Environmental and Social Sustainability Policy at the time of the ESDD are addressed in the Environmental and Social Action Plan (ESAP) presented below, to comply with the date mentioned above.
ENVIRONMENTAL AND SOCIAL REVIEW
46.7 Kb