Basic information
Company name
Grupo Desarrollador de Parques Industriales S.A. (“GDPI” or the “Company”)
Investment type
Loan
E&S category
B
Disclosed date
Projected board date
Sponsoring entity
Grupo Guerrero
Team Leader
Fonseca, Juan Reyes
Financial Summary
Financing Currency
USD
Project
Scope
and
Objective
and
IDB
Invest
Participation
This transaction is a combined long-term and medium-term corporate loan of up to US$23 million to Grupo Desarrollador de Parques Industriales S.A. ("GDPI" or the "Company"). GDPI is part of the Guerrero Group, and its purpose is to develop the Green Park Industrial Park in the Coyol area on the outskirts of Alajuela.
The proposed financing is for the construction of several industrial buildings within this park, which will increase the availability of industrial facilities in the country. This will attract Direct Foreign Investment, mainly focused on life sciences, technology, and shared services clusters, and aligned with the global trend of "Near-shoring", where Costa Rica is a significant regional player.
