• Export-oriented sector development. The Project will contribute to the development of a competitive export oriented sector with extensive linkages throughout the value chain that is key for Ecuador's economy.
• Private sector development. IFC's funding will support further professionalization of a family-owned business as it grows into one of the sector's regional leaders.
• Job creation. Omarsa currently employs about 2,950 people. The expansion will create significant direct and indirect employment opportunities.
• Access to health. As a result of the Project, more families will have access to health support provided by the Company.
• Tax generation. The Project will increase tax generation for the government.

• Stamp of approval. IFC's involvement will enhance the profile of a medium-sized family owned company and allow it to further capitalize on its recent first Aquaculture Stewardship Council-certified shrimp company status.
• Long-term financing. IFC will provide tailer-made long-term financing that is not readily available locally in competitive terms.
• E&S standards setting. IFC will support Omarsa to further improve its environmental and social standards

This is a Category B project per IFC’s Policy on Environmental and Social Sustainability because a limited number of predictable environmental and social risks and impacts may result, which can be avoided or mitigated by adhering to generally recognized industry standards. The main environmental and social risks of Omarsa’s operations are the expansion of shrimp farms in areas with key biodiversity values, management of solid waste and wastewater from the processing plant, occupational injuries and illnesses among workers, and abuses from private security forces. These risks are adequately mitigated through the company’s policies and procedures.