Summary of Proposed Investment
Project Number
11254
Company Name
Joint Venture with Limited Liability Giavoni
Date SPI Disclosed
Mar 7, 2002
Country
Tajikistan
Industry
Manufacturing
Projected Board Date
Apr 20, 2002
Status
Active
Sector
Garment and Apparel (With Primary Textile Operations, Excluding Footwear)
Date Revised SPI Disclosed
Mar 11, 2002
Department
Regional Industry MAS MCT
Environmental Category
B - Limited
Previous Events
Approved : Dec 19, 2002
Signed : Feb 28, 2003
Invested : Jun 30, 2003
Project Description
The project will upgrade Giavoni’s plant and will expand its vertically integrated operations through the construction of a jean manufacturing facility with capacity to produce about 1.3 million pieces per year.
IFC''s role in the project is to facilitate foreign strategic investment in Tajikistan. The project is expected to have the following key development impacts: (i) stimulate the growth of the local economy by providing additional private sector jobs; and (ii) demonstration of best operational practices.
IFC''s role in the project is to facilitate foreign strategic investment in Tajikistan. The project is expected to have the following key development impacts: (i) stimulate the growth of the local economy by providing additional private sector jobs; and (ii) demonstration of best operational practices.
Sponsor / Cost / Location
Development Impact
Related ESRS/ERS
Contacts
For Inquiries About the Project, Contact
The Directors
Giavoni SA
Giavoni Street, No.1
Khojand City
Republic of Tajikistan
Giavoni SA
Giavoni Street, No.1
Khojand City
Republic of Tajikistan