Inmobiliaria Ruba, S.A. de C.V.; Ruba Desarrollos, S.A. de C.V.; and Grupo Logístico y Soluciones Integral del Norte, S.A. de C.V.
Category B projects have potential environmental and/or social impacts and risks that are less adverse than those of a Category A and which are generally limited to the project site, largely reversible and can be mitigated via measures that are readily available and feasible to implement in the context of the operation.
Projected date at which a project will be put forward for the Board of Executive Directors’ approval.
Projected board date
Fernandez Fernandez, Martha
USD $ 75,439,800
Project scope and objective
Inmobiliaria Ruba, S.A. de C.V. (“Ruba”) acquires, develops, and markets integrated housing projects in the social, middle-income, and residential housing segments. The proposed operation consists of granting Ruba and its subsidiaries: i) a long-term revolving facility to finance social and middle-income housing projects in Mexico; and ii) an uncommitted revolving reverse factoring facility to monetize creditor rights arising from the sale of goods or services by suppliers to Ruba.
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Adriana Zapien Hernández
Director of Social Responsibility
IDB Invest Contact
1350 New York Ave NW, Washington, DC 20005