PROJECT

Projects

Summary of Investment Information

Project Number

34305

Company Name

THE PAN GROUP JSC

Date SPI Disclosed

Jan 20, 2015

Country

Viet Nam

Region

East Asia and the Pacific

Projected Board Date

Jan 9, 2015

Environmental Category

B - Limited

Status

Active

Last Updated Date

Nov 30, 2016

Department

Gbl Ind, Manufact, Agribus & Services

Industry

Agribusiness and Forestry

Previous Events

Approved : Dec 16, 2014
Signed : Jan 14, 2015
Invested : Jan 21, 2015

Sector

Diversified Edible Agricultural Crops Production

Project Description

Established in 1993, Pan Pacific Corporation (“PAN” or “the Company”) is now a publicly listed group of agribusiness companies aiming to benefit from the fast growing and fragmented agricultural and food sectors in Vietnam. PAN currently controls the leading distributor and producer of crop seeds named National Seed Corporation (“NSC), an integrated pangasius and clam processor in the Mekong Delta named Ben Tre Aquaproduct Import and Export JSC (“ABT”), and has a minority interest in an important cashew processor named Long An Food Processing Export JSC (“LAF”) in addition to its legacy industrial cleaning service business under the name of Pan Services.

The purpose of the Project is to support the Company’s expansion plan in the agricultural and food sectors as well as its entrance into the branded packaged rice products for domestic consumers.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation