Skip to main content

ES / EN

Peru's Ransa receives IFC funding to expand in the region and boost sustainability
Thursday, September 19, 2024 - 15:00
Fuente: Ransa

IFC's financial package is accompanied by a decarbonization plan to manage the company's climate transition impact and risk, and to promote diversity and inclusion in the countries where it operates.

The International Finance Corporation (IFC), a member of the World Bank, granted a financing package of US$ 150 million to Grupo Ransa in order to continue consolidating its leadership in the region through sustainable growth.

Grupo Ransa is a leading 3PL (Third Party Logistics) operator in Latin America with operations in 12 countries. IFC financing is accompanied by a decarbonization plan to manage the company's impact and risk of climate transition, and promote diversity and inclusion in the countries where it operates.

Cheryl Edleson Hanway, IFC Director for Infrastructure, Energy and Mining for Europe, Latin America and the Caribbean, said: “The private sector plays a crucial role in developing sustainable infrastructure and improving supply chains and logistics services, which reduces costs, increases productivity and strengthens the economy. This financing package for Ransa fills us with pride, as it confirms our commitment to promote the development of logistics services that drive our strategy of sustainability, inclusion and productivity for Latin America.”

Latin America and the Caribbean lag behind other regions in terms of infrastructure, logistics, and related services. According to the World Bank’s Logistics Performance Index 2023 (LPI), Latin America and the Caribbean ranks 92 out of 139 countries in 2023, lower than East Asia, the Pacific, Europe, and Central Asia. This performance is attributable to limited logistics infrastructure, low value added, and high informality.

Paolo Sacchi, CEO of Ransa Group, commented that “this transaction is an important milestone in the company’s strategy and will give us a boost to continue growing sustainably throughout the region.”

Autores

AméricaEconomía.com