Gerdau Açominas Investment Program
The main objective of the operation is the installation of: (i) new continuous slab casting equipment to produce slab for flat steel production; (ii) a vacuum degassing unit to improve steel quality; and (iii) gantry cranes and ancillary equipment.

Project Detail

Country

Brazil

Project Number

BR-L1118

Approval Date

May 7, 2008

Project Status

Closed

Project Type

Loan Operation

Sector

INDUSTRY

Subsector

MANUFACTURING INDUSTRIES

Lending Instrument

BID Invest

Lending Instrument Code

IIC

Modality

PSL (Private Sector Loan)

Facility Type

-

Environmental and Social Impact Category (ESIC)

-

Total Cost

USD 370,000,000.00

Country Counterpart Financing

USD 170,000,000.00

Original Amount Approved

USD 50,000,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
1984A/OC-BR Non-Sovereign Guaranteed USD - United States Dollar Ordinary Capital Private Sector Financing
1984B/OC-BR Non-Sovereign Guaranteed USD - United States Dollar Ordinary Capital Participant Financing
Operation Number 1984A/OC-BR
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Ordinary Capital
  • Financial Instrument: Private Sector Financing
Operation Number 1984B/OC-BR
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Ordinary Capital
  • Financial Instrument: Participant Financing

Can’t find a document? Request information

 Preparation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-1558079748-18791
Environmental and Social Management Reports
Gerdau Acominas Investment Program [1400150].PDF
Dec. 31, 1999
English
https://www.iadb.org/document.cfm?id=EZSHARE-1558079748-18792
Project Abstract
Gerdau Acominas Investment Program [1400146].PDF
Dec. 31, 1999
English
https://www.iadb.org/document.cfm?id=EZSHARE-1558079748-3176
Project Abstract
Gerdau Acominas Investment Program [1083223].PDF
Dec. 31, 1999
English
https://www.iadb.org/document.cfm?id=EZSHARE-1558079748-3177
Environmental and Social Strategies
Gerdau Acominas Investment Program [1083453].PDF
Dec. 31, 1999
English

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