Project Description
Unipak-Nile is an existing IFC Client who - with IFC financing - set up a green-field facility to produce corrugated cardboard packaging for the Egyptian domestic market in June 1997. The Sponsor has now approached IFC requesting an additional loan to finance the 2nd phase of its program (total project cost of up to US$4.81 million) which will add capacity slightly and will significantly improve its response time to the market opportunities, allow for a wider product line offering, reduce costs and provide extra storage capacity.