Company name
Mayabel S.A.
Project number
15383-01
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
Uruguay
Sector
Manufacturing
Status
Proposed
Disclosed date
08/19/2025
Projected date at which a project will be put forward for the Board of Executive Directors’ approval.
Projected board date
09/23/2025
Approval date
N/A
Signed date
N/A
Sponsoring entity
Grupo RAS
Investment Operations Department Contact
Corporates Division
Investment type
Syndicated amount
N/A
Financing amount
USD $ 30,000,000
Currency
USD
Project scope and objective
Mayabel S.A., a subsidiary of Grupo RAS (“the Group”), is a vertically integrated transportation and logistics conglomerate headquartered in Uruguay, with operations throughout Latin America and over 30 years of experience. The financing proposal includes a secured senior loan of up to US$30 million to support the expansion of its flagship logistics hub, Parque Industrial Ruta 5 (PIR5), strategically located 32 kilometers from Montevideo. Covering an area of 105 hectares and offering significant growth potential, PIR5 is one of the largest and most advanced logistics hubs in the Montevideo metropolitan area. These investments will facilitate international trade and enhance logistics services, fostering more resilient and efficient logistics networks.
The project also includes a refinancing component to replace existing debt with more favorable terms offered by IDB Invest, improving the capital structure and strengthening the Group’s long-term financial stability
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Contact information
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Client Contact
PHONE NUMBER
+598 92 963 162
POST OFFICE ADDRESS
Guatemala s/n, Recinto Portuario, Puerto de Montevideo, Uruguay.
IDB Invest Contact
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 [email protected] 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 [email protected] or [email protected] or calling +1(202) 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.
GRUPO RAS - RESUMEN DE LA REVISIÓN AMBIENTAL Y SOCIAL (RRAS O ESRS)
1013.8 Kb
GRUPO RAS - PLAN DE ACCIÓN AMBIENTAL Y SOCIAL (PAAS O ESAP)
409.6 Kb