PROJECT

Projects

Summary of Proposed Investment

Project Number

8189

Company Name

Redhill Flowers (Kenya) Limited

Date SPI Disclosed

Mar 26, 1997

Country

Kenya

Industry

Agribusiness and Forestry

Status

Completed

Sector

Horticultural Products (Flowers)

Department

Regional Industry - MAS Africa

Environmental Category

B - Limited

Previous Events

Approved : May 12, 1997
Signed : Jun 24, 1997
Invested : Jan 28, 1999

Project Description

SUMMARY OF PROJECT INFORMATION


Project Name Kenya-Redhill Flowers Kenya Limited

Region Sub-Saharan Africa

Sector Agriculture

Project No. 008189

Projected Board Date: April 30, 1997

Comany Name: Redhill Flowers Kenya Limited

Technical Partners and/or Major Shareholders: Redhill Flowers is a family owned company. The farm on which the project is to be located is owned by the family. The shareholders of Redhill Flowers are Mrs. Joan Ndungi, Mary Gichuru and Ms. Susan Ndungi. Mary Gichuru is a civil servant; Joan and Susan Ndungi run a property management company which looks after family interests.

Project Cost including proposed IFC investment:

Estimated project Cost US$ 1.3 million
IFC Investment US$ 0.36 million

Location of Project and Description of site: The project will be located at Gimalu Estate, a 58 hectare farm owned by Joan Ndungi and Mary Gichuru. Gimalu is located near Limuru, 25kms north of Nairobi. 10 hectares of the farm have been allocated to the project.

Description Of Company And Purpose Of Project: The project will produce cut roses for export to Europe. A total of 3 hectares of greenhouse area will be developed over a period of two years. Further expansion is possible and will be considered at a later stage. The project will enable the sponsors to more profitably utilise the farm and its assets.

Environmental Category and issues:This is an environmental review category B project. Key environmental health and safety issues associated with this project include pesticides handling and application, integrated pest management, water supply, CFCs, provision of personal protective equipment and safety training, health monitoring, and disposal/destruction of used pesticides containers. The company will provide appropriate training and safety equipment to employees handling pesticides.  Water supply is from a local river, downstream users will not be impacted. The list of chemicals to be used by the farm will be reviewed. The ERS is expected to be submitted to the PIC by April 30, 1997.

Date SPI sent to PIC: March 26,1997

For additional information contact:  Corporate Relations Unit
tel (202) 473-7711
fax (202) 794-4384
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