PROJECT

Projects

Summary of Proposed Investment

Project Number

24758

Company Name

GEYSER SA

Date SPI Disclosed

Mar 7, 2008

Country

Chad

Industry

Tourism, Retail and Property

Projected Board Date

Apr 15, 2008

Status

Completed

Sector

Construction and Real Estate

Department

Regional Industry - MAS Africa

Environmental Category

B - Limited

Previous Events

Approved : Mar 25, 2009
Signed : May 12, 2009
Invested : Mar 17, 2010

Project Description

The proposed expansion project is to upgrade and increase the water well-drilling capacity and hydraulics-related services for Geyser. To upgrade and sustain capacity, within the next 24 months Geyser needs to:

- acquire new heavy equipment including excavators, dozers, loaders and graders;
- renew and increase its fleet of vehicles and trucks; and
- refurbish its headquarters and construct two mobile workshops, one near the Kome oil fields in the south and the other in the eastern town of Abeche.

Sponsor / Cost / Location

Development Impact