Summary of Proposed Investment
Project Number
5065
Company Name
DHARMALA AGRIFOOD, PT
Date SPI Disclosed
Nov 29, 1995
Country
Indonesia
Industry
Agribusiness and Forestry
Status
Completed
Sector
Animal Slaughtering and Processing
Department
Regional Industry - MAS Asia & Pac
Environmental Category
B - Limited
Previous Events
Approved : Feb 28, 1996
Signed : Mar 11, 1996
Invested : May 30, 1996
Project Description
Summary Of Project Information (SPI)
| Project Name | Indonesia : P.T. Dharmala Agrifood |
| Region | Asia |
| Sector |
Projected Board DateDecember 21, 1995
Company NameP.T. Dharmala Agrifood
Technical Partner and/or Major Shareholders
Dharmala Agrifood is a publicly owned company and is listed on the Jakarta and Surabaya Stock Exchanges. It is majority owned by the Dharmala Intiutama (80%) while the balance 20% is held by the public.
Project Cost Including proposed IFC investment
The proposed project cost is estimated at US$70 million. The IFC investment includes an ‘A’ loan of US$20 million (on IFC’s own account)and a ‘B’ loan of US$15 million (on account of participants).
Location of project and Description of site
The project will be located at several sites in Southern Sumatra, West, East and Central Java, Sulawesi and Kalimantan.
Description of Company and Purpose of Project
Dharmala Agrifood was established in 1971 and began its operations as an exporter of primary agricultural products such as tapioca chips and pellets and has gradually diversified into the manufacture of value-added agri-products such as poultry feed and more recently into integrated poultry farming.
The Company is currently undertaking a US$ 70 million investment program to expand its integrated poultry operations. The proposed investment program includes construction of two feed mills, four parent-stock farms, ten small layer farms, a commercial broiler farm and processing plant at various locations in Indonesia.
Environmental Category and Issues
This is a Category B project according to IFC’s environmental review procedure. Environmental health and occupational health and safety issues associated with this project include liquid efffluents, solid wastes and general employee health and safety. Liquid effluents will be treated on site before discharge. Organic waste from poultry operations will be used as fertilizer where possible. Other solid waste will be landfilled. The wastewater treatment plant for the processing facility will be integrated into the plant design and will comply with both local and World Bank guidelines.
The is available from the Public Information Center.
| Date SPI sent to PIC | November 29, 1995 |
For Additional Information contact: Corporate Relations Unit -
telephone: (202) 473-7711
facsimile: (202) 676-0365
Environmental documents for this project are available at http://www.ifc.org and from the World Bank InfoShop (http://www.worldbank.org/html/pic/aboutinfo.html).
Sponsor / Cost / Location
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