2025.10.20
On September 8, through the Trust Fund Achieving Development in Latin America and the Caribbean (TADAC*) invested by the Japan International Cooperation Agency (JICA), the Inter-American Development Bank’s investment arm (IDB Invest) completed the disbursement of a loan signed with Dinvertech SPR de RL de CV (Dinvertech), a local company in the United Mexican States.
IDB Invest is providing Dinvertech with a total loan of USD130 million, of which USD40 million is contributed by TADAC.
(*Note)
JICA invests up to USD1.5billion in the Trust Fund Achieving Development of Latin America and the Caribbean (TADAC). The Fund is established within IDB, the largest development finance institution in Latin America and the Caribbean region, and managed by IDB Invest, the private sector investment arm of the IDB Group. TADAC will co-finance with IDB Invest to support private sector initiatives that contribute to the achievement of the SDGs. This investment aims to reduce the SDGs financing gap in the region, thereby contributing to its sustainable socioeconomic development.
Dinvertech's greenhouse cultivation facility and an engaged farmer
The project outline is explained below.
- Borrower
Dinvertech SPR de RL de CV (Dinvertech)
- Country (Target Areas)
United Mexican States (Guanajuato State)
- Loan Amount
40 million USD
- Project Title
Sustainable Agriculture Promotion Support Project
- Project Purpose
The project aims to contribute to strengthening agricultural production volume and productivity in the Guanajuato State of the United Mexican States by supporting the expansion of cultivation and production facilities for export-oriented mini bell peppers and the introduction of climate change adaptation equipment through long-term financing to Dinvertech, thereby contributing to sustainable economic development and enhanced climate change countermeasures in the state.
- Project Component
The financing for this project will be used for the expansion of Dinvertech's existing greenhouse cultivation facilities in the state of Guanajuato, Mexico, the introduction of production equipment, and increased working capital associated with the production expansion. Furthermore, over 80% of the new jobs created by this project are expected to be filled by women.
- Contribution to SDGs
Goal 5 (Gender equality)
Goal13 (Climate action)
Goal 17 (Partnerships for the goals)
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