PROJECT

Projects

Summary of Investment Information

Project Number

32255

Company Name

SHANDONG CHANGLIN DEUTZ-FAHR MACHINERY CO., LTD.

Date SPI Disclosed

Oct 18, 2012

Country

China

Region

East Asia and the Pacific

Projected Board Date

Nov 30, 2012

Environmental Category

B - Limited

Status

Completed

Last Updated Date

Jun 12, 2021

Department

Regional Industry - MAS Asia & Pac

Industry

Manufacturing

Previous Events

Approved : Dec 19, 2012
Signed : Dec 21, 2012
Invested : Oct 25, 2013

Sector

Agriculture, Construction, and Mining Machinery

Project Description

IFC proposes to provide a loan up to Euro 10 million (approx. US$13 million) to support Shandong Changlin Deutz-Fahr Machinery Co., Ltd. (“Changlin-SDF”) to build a greenfield plant in Shandong province to manufacture four-wheel tractors in China. Changlin-SDF is a joint venture established by Same Deutz-Fahr Group SpA (“SDF”), an Italian agri-machinery manufacturer and Shandong Changlin Machinery Group Co., Ltd (“Changlin Group”), a Chinese machinery manufacturer in July 2011.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation