CMI, through its food division CMI Alimentos, has secured long-term financing from the Japan International Cooperation Agency (JICA), as part of a syndicated loan structured by BID Invest. This funding aims to support the company's investment and expansion plans in the food industry across Costa Rica, El Salvador, and Honduras.
The full amount of $50 million was disbursed by JICA on November 21, 2025. According to Luis Pedro Recinos, Executive Director of CMI Corporate, "The participation of JICA, for an amount of US$50 million, was fully disbursed on November 21, 2025 and is intended to strengthen CMI's investment and expansion plan in the food industry in the Central American region. This financing will allow us to contribute to job creation, expand our productive capacity and improve competitiveness in key markets. Having partners like JICA enhances our ability to generate responsible development and provide economic and social value from a comprehensive perspective."
This initiative is part of JICA’s “Project for Improving Access to Food and Promoting Employment in Central America,” under the SAFE Program. The program focuses on enhancing food security and supply chain resilience throughout the region. The funds will also be used for projects related to expansion, modernization, and environmental improvements in Costa Rica, El Salvador, and Honduras with the aim of achieving more efficient production aligned with international sustainability standards.
Ken Kubokura, Resident Representative of JICA in Guatemala stated: "For JICA, this project represents a significant step toward strengthening access to food and promoting job creation in Central America. Through this $50 million financing package we support expansion diversification and decarbonization of CMI Alimentos’ operations contributing to a more resilient supply chain and improving community welfare. This partnership reflects our commitment to working alongside partners who share our vision for sustainable long-term development."
JICA serves as Japan’s Official Development Assistance agency with a mission focused on supporting economic growth through technical and financial cooperation. In Guatemala and across Central America it has played an important role advancing initiatives that encourage wellbeing economic dynamism and resilience.
CMI emphasized that sustainability remains central to its corporate strategy; such partnerships enable ongoing efforts toward building a safer modern competitive food industry while supporting community welfare.
The formal inclusion of JICA into this syndicated loan took place in December 2024 marking further trust placed in CMI as a company committed both to responsible investments and tangible benefits for local communities.
With this agreement CMI seeks to continue developing strategic alliances with international partners who share its long-term vision centered on sustainability.
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