PROJECT

Projects

Summary of Investment Information

Project Number

32216

Company Name

KENYA TEA DEVELOPMENT AGENCY HOLDINGS LTD

Date SPI Disclosed

Aug 3, 2012

Country

Kenya

Region

Africa

Projected Board Date

Sep 4, 2012

Environmental Category

B - Limited

Status

Completed

Last Updated Date

Jun 12, 2021

Department

Gbl Ind, Manufact, Agribus & Services

Industry

Agribusiness and Forestry

Previous Events

Approved : Sep 27, 2012
Signed : Oct 4, 2012
Invested : Feb 21, 2013

Sector

Other Food

Project Description

Kenya Tea Development Agency (Holdings) Ltd (“KTDA” or the “Company”) is a holding company which generates revenues from its operating subsidiaries which are involved in tea warehousing, tea sales to export and domestic markets, and various services provided to the 65 factories. KTDA is constructing a new state-of-the-art 200,000 square feet warehouse complex to replace 50% of its current warehousing space which is leased from 3rd parties.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation