PROJECT

Projects

Summary of Investment Information

Project Number

32624

Company Name

PROCESADORA NACIONAL DE ALIMENTOS C.A. PRONACA

Date SPI Disclosed

Mar 5, 2013

Country

Ecuador

Region

Latin America and the Caribbean

Projected Board Date

Apr 8, 2013

Environmental Category

B - Limited

Status

Completed

Last Updated Date

Jun 12, 2021

Department

Regional Industry - MAS LAC

Industry

Agribusiness and Forestry

Previous Events

Approved : Apr 8, 2013
Signed : May 23, 2013
Invested : Sep 3, 2013

Sector

Animal Slaughtering and Processing

Project Description

The proposed project entails providing a corporate facility to finance the expansion of Procesadora Nacional de Alimentos C.A. – PRONACA (“Pronaca” or the “Company”), a vertically integrated poultry and pork processor and one of Ecuador’s leading agro-industrial companies. The Company initiated its operations in 1958 and today it produces and commercializes meats (poultry, pork, and turkey), value added foods, rice and eggs, as well as animal feed and pet foods.

The proposed facility will help the Company finance its growth both domestically and abroad.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation