USA / TRINIDAD – IDB Invest signed a financing agreement of up to US$10 million with Hadco Holdings Limited and its largest operating company, Hadco Limited, to support the trade of goods—including food products— and enhance food security in Trinidad and Tobago and across the Caribbean. This investment will enable Hadco to grow its operations in retail and distribution and implement a sustainability strategy.
The project aims to strengthen supply chain resilience and advance regional trade integration across the Caribbean. The financing will provide Hadco with trade finance solutions to support strategic investments, enabling Hadco Holdings to maintain competitiveness, expand its retail and distribution footprint, and implement operational efficiency improvements.
The financing package from IDB Invest includes a US$5 million committed trade finance facility, along with an additional US$5 million uncommitted facility that may be used for trade finance transactions or strategic capital expenditures.
IDB Invest will provide technical advisory services to Hadco to support the development of a comprehensive sustainability strategy. This will include biodiversity and conservation studies—particularly focused on local bird species relevant to its ecotourism business—as well as the strengthening of the company’s environmental and social management system.