PROJECT

Projects

Summary of Proposed Investment

Project Number

10504

Company Name

GRAPHIQUE INDUSTRIE SA

Date SPI Disclosed

Nov 3, 2000

Country

Mali

Industry

Agribusiness and Forestry

Projected Board Date

Nov 30, 2000

Status

Completed

Sector

Other Paper Products

Department

Gbl Ind, Manufact, Agribus & Services

Environmental Category

B - Limited

Previous Events

Approved : Jul 14, 1998
Signed : Oct 4, 1998
Invested : Jun 15, 2001

Project Description

Today, Graphique Industrie S.A. is recognised to be one of the first industrial business in Mali and one of the most profitable business in the sector of printing and editing in the region. Its local market share is estimated at 60-70% and the company presents high standards of quality and respect for deadlines. With the liberalisation of the scholar book editing sector a new market is offered to Graphique Industrie. However, today Graphique Industrie is limited in its production capacities and has to refuse a number of customers. For that purpose, the project consists of buying new machines, faster and technologically more advanced, so as to increase its volume of production and respond favourably to the local and regional demand.
The project should lead to a significant increase in Graphique Industrie’s volume of sales. The expected increase in turnover is 30% for the first year, 10% for the three following years and 5% for the remaining three years. This project should particularly benefit the educational system as editing and printing of scholar books, an activity previously strictly limited to the Ministry of Education, has from 1998 been authorised to any editing and printing company. Graphique Industrie should also increase significantly its volume of production in stationary products and help therefore reduce the volumes imported and sold by LPS, creating therefore supplemental added value in the country. IFC and Proparco will provide long-term financing to Graphique Industrie which is not otherwise available from the local capital market. In addition, IFC and Proparco will ensure that the project is implemented in an environmentally sound manner.

Sponsor / Cost / Location

Development Impact