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EC-L1144 : Adelca

Project Status: Closed

The Project seeks to increase steel production in Ecuador, through the recycling of scrap, by 400,000 tons per year. The Project will also support Ecuador¿s development, as steel is an essential input for both the infrastructure and construction sectors. Furthermore, the project will produce value added steel products (wire rod) and will further integrate small scrap collectors into the company¿s value chain.

Project Detail

Project Number
EC-L1144
Project Country
Ecuador
Project Sector
INDUSTRY
Project Subsector
INDUSTRY
Project Type
Loan Operation
Project Lending Type
NSG
Project Modality
PSL (Private Sector Loan)
Project Facility Type
Project Status
Closed
Operation Number
3475/CH-EC

Financial Information

Project Number
EC-L1144
Project Status
Closed

IDB Financing

Financing type
PSL
Fund
China Co-Financing Fund for Latin Americ
Reporting currency
USD - United States Dollar
Reporting date
Jan/26/2023

Roles & Responsibilities

Contract signature date
Oct/30/2015
Operation Number
3475A/OC-EC

Financial Information

Project Number
EC-L1144
Project Status
Closed

IDB Financing

Financing type
PSL
Fund
Ordinary Capital
Reporting currency
USD - United States Dollar
Reporting date
Jan/26/2023

Roles & Responsibilities

Contract signature date
Oct/30/2015

Project Information

Total Cost
USD 131,000,000
Country counterpart financing
USD 82,000,000
Amount
USD 49,000,000

Preparation

Title
Type
Project Number
Date Published
Environmental Impact Assessments
EC-L1144
December 08, 2014
Environmental Impact Assessments
EC-L1144
December 08, 2014
Environmental Impact Assessments
EC-L1144
December 08, 2014
Environmental Impact Assessments
EC-L1144
December 08, 2014
Environmental Impact Assessments
EC-L1144
December 08, 2014
Environmental Impact Assessments
EC-L1144
December 08, 2014
Environmental Impact Assessments
EC-L1144
December 08, 2014
Environmental Impact Assessments
EC-L1144
December 08, 2014
Environmental Impact Assessments
EC-L1144
December 08, 2014
Environmental Impact Assessments
EC-L1144
December 08, 2014
Environmental Impact Assessments
EC-L1144
December 08, 2014
Environmental Impact Assessments
EC-L1144
December 08, 2014
Environmental Impact Assessments
EC-L1144
December 08, 2014
Environmental Impact Assessments
EC-L1144
December 08, 2014
Environmental Impact Assessments
EC-L1144
December 08, 2014
Environmental Impact Assessments
EC-L1144
December 08, 2014
Environmental Impact Assessments
EC-L1144
December 08, 2014
Environmental Impact Assessments
EC-L1144
December 08, 2014
Environmental Impact Assessments
EC-L1144
December 08, 2014
Environmental Impact Assessments
EC-L1144
December 08, 2014
Environmental Impact Assessments
EC-L1144
December 08, 2014
Environmental Impact Assessments
EC-L1144
December 08, 2014
Environmental Impact Assessments
EC-L1144
December 08, 2014
Environmental Impact Assessments
EC-L1144
December 08, 2014
Environmental Impact Assessments
EC-L1144
December 08, 2014
Environmental Impact Assessments
EC-L1144
December 08, 2014
Environmental Impact Assessments
EC-L1144
December 08, 2014
Environmental Impact Assessments
EC-L1144
September 24, 2014
Environmental Impact Assessments
EC-L1144
September 19, 2014
Environmental Impact Assessments
EC-L1144
September 19, 2014
Environmental Impact Assessments
EC-L1144
September 19, 2014
Environmental & Social Strategies
EC-L1144
July 22, 2014
Project Abstract
EC-L1144
July 22, 2014

Approved

Title
Type
Project Number
Date Published
Agreement - Financial Closing - SCF
3475/CH-EC;3475A/OC-EC;EC-L1144
May 20, 2015
Agreement - Financial Closing - SCF
3475/CH-EC;3475A/OC-EC;EC-L1144
May 20, 2015