Company name
BGH S.A.
Project number
AR3881A-01
Category B projects have potential environmental and/or social impacts and risks that are less adverse than those of a Category A and which are generally limited to the project site, largely reversible and can be mitigated via measures that are readily available and feasible to implement in the context of the operation.
E&S category
B
Country
![](https://idbinvest.org/sites/default/files/styles/size54x40/public/2018-03/Argentina.png?itok=k3KiG2e1)
Argentina
Sector
![](https://idbinvest.org/sites/default/files/styles/size38x28/public/2021-02/MANUFACTURING%20Iconography_1_Manufacturing_icon.png?itok=uhosFnB8)
Manufacturing
Status
Completed
Disclosed date
10/31/2008
Projected date at which a project will be put forward for the Board of Executive Directors’ approval.
Projected board date
12/02/2008
Approval date
12/09/2008
Signed date
11/26/2009
Sponsoring entity
N/A
Investment Operations Department Contact
INO Portfolio Management (PTM)
Investment type
Syndicated amount
USD $ 15,000,000
Financing amount
USD $ 5,000,000
Currency
USD
Project scope and objective
BGH is an Argentine-owned company that produces, imports, exports, and markets products and services in the areas of appliances and other consumer durables, telecommunications, technology, and computers. The IIC will be providing BGH with financial support in the form of a US$7 million loan for rebuilding the production plant that BGH had in Río Grande, Tierra del Fuego province (the plant burned down in July 2007). Part of the funds will also be used to build a new distribution center in Spegazzini in Buenos Aires province. The distribution center will house computer assembly and appliance and cell phone after-sales service operations.
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 OfficesFor 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
44.5 Kb