The ANSA McAL Group is pleased to announce a strategic partnership with IDB Invest, the private sector arm of the IDB Group, to support investments in key productive sectors across the region. The collaboration will help expand industrial capacity, strengthen supply chains and support economic growth across the Caribbean.
As part of this new partnership, IDB Invest has approved a financing of up to US$500 million for ANSA McAL Group, with an initial commitment of US$200 million. The initial commitment comprises $US 150 million from IDB Invest, including a $US 100 million term loan and $US 50 million revolving credit facility, as well as $50 million from the Japan International Cooperation Agency (JICA) through its Trust Fund Achieving Development of Latin America and the Caribbean (TADAC). This is IDB Invest’s largest-ever financing in the Caribbean.
The financing will support investments in manufacturing, logistics, recycling, distribution and supply chain infrastructure, generating quality employment, and enhancing the competitiveness and resilience of productive sectors. For Trinidad and Tobago, where expanding economic activity remains an important national priority, this partnership will deepen regional trade linkages and support productive investment. Across the wider Caribbean, it creates a platform for future collaboration and broader access to international capital and strategic relationships.
Beyond financing, IDB Invest and ANSA McAL will collaborate on circular economy solutions, digital transformation, sustainability reporting and energy efficiency. These programmes will support the Group’s investment agenda, enable knowledge sharing for local people, and reinforce its commitment to responsible long-term growth.
“This partnership reflects confidence in ANSA McAL, in the strength of Caribbean enterprise, and in the opportunities that exist within our region,” said Anthony N. Sabga III, Group Chief Executive Officer of ANSA McAL. “The financing will support investments that expand capacity, strengthen our operations, and enhance the competitiveness of the businesses we have built over the last 145 years. We are proud to partner with IDB Invest in advancing initiatives that contribute to economic development, job creation, innovation, and opportunity throughout the Caribbean.”
The ANSA McAL Group, founded in 1881, is one of the Caribbean’s largest and most diversified conglomerates, with operations spanning ten territories and more than 6,000 employees. The Group’s purpose, “Inspiring Better Choices for a Better World,” guides its continued commitment to creating value for shareholders, employees and the communities it serves.
For more information, contact Sarah Inglefield, Head of Marketing and External Communication at [email protected].
