Summary of Proposed Investment
Project Number
5143
Company Name
Zainab Grain
Date SPI Disclosed
Jun 9, 1995
Country
Tanzania
Industry
Agribusiness and Forestry
Status
Completed
Sector
Grain Processing (Milling, Starch, Flour, Malt)
Department
Regional Industry - MAS Africa
Environmental Category
B - Limited
Previous Events
Approved : Sep 18, 1995
Signed : Jan 4, 1996
Invested : Apr 30, 1996
Project Description
SUMMARY OF PROJECT INFORMATION (SPI)
Project Name Tanzania-Zainab Grain Millers Limited
Region Sub-Saharan Africa
Sector Agribusiness
Project No 005143
Projected Board Date June 25, 1995
Company Name Zainab Grain Millers Limited
Technical Partner and/or Major Shareholders
The sponsors are two brothers Mohamed and Sajad Fazal, indigenous Tanzanians.
Project Cost including proposed IFC investment
Project Cost - US$3 million equivalent.
IFC Investment - Loan US$900,000
Location of project and Description of site
The project is located off Old Bagamoyo Road on an industrial plot in Dar es Salaam.
Description of Company and Purpose of Project
The Company owns and operates a 60 tons/day maize milling plant that is operating at capacity. The project is to expand capacity with the purchase of an additional 120 tons/day plant. The mill will process locally grown maize and produce maize flour for sale in the domestic market and export to neighboring countries.
Environmental Categories and Issues
Category B. Issues associated with the project are: dust emission; solid waste disposal; fire prevention and safety. Equipment that will reduce dust emissions to acceptable levels will be installed. The waste is sold as maize bran for animal feed. The plant will meet all required fire and safety standards.
The Environmental Review Summary is expected to be available at the Public Information Center on or about June 30, 1995.
Date SPI sent to PIC June 9, 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).
Project Name Tanzania-Zainab Grain Millers Limited
Region Sub-Saharan Africa
Sector Agribusiness
Project No 005143
Projected Board Date June 25, 1995
Company Name Zainab Grain Millers Limited
Technical Partner and/or Major Shareholders
The sponsors are two brothers Mohamed and Sajad Fazal, indigenous Tanzanians.
Project Cost including proposed IFC investment
Project Cost - US$3 million equivalent.
IFC Investment - Loan US$900,000
Location of project and Description of site
The project is located off Old Bagamoyo Road on an industrial plot in Dar es Salaam.
Description of Company and Purpose of Project
The Company owns and operates a 60 tons/day maize milling plant that is operating at capacity. The project is to expand capacity with the purchase of an additional 120 tons/day plant. The mill will process locally grown maize and produce maize flour for sale in the domestic market and export to neighboring countries.
Environmental Categories and Issues
Category B. Issues associated with the project are: dust emission; solid waste disposal; fire prevention and safety. Equipment that will reduce dust emissions to acceptable levels will be installed. The waste is sold as maize bran for animal feed. The plant will meet all required fire and safety standards.
The Environmental Review Summary is expected to be available at the Public Information Center on or about June 30, 1995.
Date SPI sent to PIC June 9, 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
Related ESRS/ERS
