Ta - Ta S.A.
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.
Projected date at which a project will be put forward for the Board of Executive Directors’ approval.
Projected board date
Jimenez Grandes, Gabriel
USD $ 35,000,000
Project scope and objective
The proposed IDB Invest financing for an amount in Uruguayan pesos equivalent to up to US$50 million (up to $15 million equity + up to $35 million in senior financial debt) will be used to partially finance the company’s capital investments between 2020 and 2025 for an amount in Uruguayan pesos equivalent to US$104 million. This includes investments in the opening of stores, logistics of the Operations Center (OC), systems and technology, and maintenance of premises in order to achieve the Company’s expansion and omnichannel retailing of the Company in Uruguay.
The project will allow the Company to increase the volume of operations with its suppliers, many of which are SMEs. Ta-Ta’s philosophy is to develop local suppliers for different categories of its own brands. Support for this chain contribute to the following SDGs: (i) decent work and economic growth; (ii) industry, innovation and infrastructure; and (iii) responsible consumption and production.
For inquiries, comments and information requests about the projectRequest information
Alternatively, you may also use the following contact information:
+598 92 530 435
IDB Invest Contact
1350 New York Ave NW, Washington, DC 20005