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Ecuador’s Omarsa secures $20m loan to fuel 536-hectare shrimp farm plan

The financial backing from the International Finance Corporation will enable the firm to develop a new 536-hectare shrimp farming facility in the Guayas coastal province

By María Feijóo | Jan. 8, 2024 17:00 GMT
An Omarsa shrimp farm in Ecuador. Credit: Omarsa
An Omarsa shrimp farm in Ecuador. Credit: Omarsa
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The International Finance Corporation (IFC), a key entity within the World Bank Group, has approved a loan of up to $20 million for Omarsa, Ecuador's second-largest shrimp processor.  [...]

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