PROJECT

Projects

Summary of Proposed Investment

Project Number

9291

Company Name

Foxtrot Meat Processors CC

Date SPI Disclosed

Dec 16, 1998

Country

South Africa

Industry

Agribusiness and Forestry

Status

Completed

Sector

Animal Slaughtering and Processing

Department

Regional Industry - MAS Africa

Environmental Category

B - Limited

Previous Events

Approved : Apr 29, 1999
Signed : May 5, 1999
Invested : Jul 16, 1999

Project Description

Summary Of Project Information (SPI)


Project Name:South Africa-Foxtrot Meat Processors
Region:Sub-Saharan Africa
Sector:Food and Agribusiness
Project No.:009291
Projected Board
Date:		February 28, 1999
Company Name:Foxtrot Meat Processors (Pty) Ltd


Technical Partner and/or Major Shareholders

Foxtrot Meat Processors is a company which is owned 100% by Mr. G.J.L. Pienaar of Moleta, Gauteng Province.

Project cost including proposed IFC investment:

Project cost is estimated at US$1.8 million IFC is asked to lend US$890,000.

Location of project and description of site:

Foxtrot is located in Moleta, a small town 50 Kms north of Pretoria. The abattoir is on a 10 ha site.

Description of company and purpose of project:

Foxtrot is a well established abattoir with a capacity to slaughter 15 cattle per day. The project is for its expansion to enable it to slaughter 50 cattle and 100 sheep per day.

Environmental category and issues:

This is a category B project according to IFC’s environmental review procedures. Key environmental, health and safety issues include effluent from slaughterhouse operations; solid wastes from slaughterhouse operations; source of water and power supply including fuel storage if applicable; CFC-free cold storage; plant hygiene and housekeeping; workplace safety, air quality and noise; provision of employee personal protective equipment and training; and fire prevention and response. The sponsor has provided IFC with environmental, health and safety information regarding their methods of operations, as well as proposed mitigation measures to ensure that the project complies with all relevant IFC guidelines. In addition, IFC has reviewed specific details supplied by the project appraisal consultant, individuals involved in designing the effluent treatment system, and the Government of South Africa’s handbook for abattoir operators, which incorporates sections of the Abattoir Hygiene Act. Details of the proposed operating procedures and mitigation measures are provided in the Environmental Review Summary (ERS) for the project, which will be available from the InfoShop on or about December 4, 1998.

The Environmental Review Summary is available from the InfoShop.

Host country location of environmental documents:IFC Office, Hyde Park, Johannesburg

Date SPI sent to InfoShop:December 16, 1998
“This Summary of Project Information is prepared and distributed to the public in advance of consideration of the proposed transaction by the Corporation’s Board of Directors. It is provided for the purpose of enhancing the transparency of IFC''s activities and should not be construed as presuming the outcome of IFC Board consideration”.

For additional Information contact: Corporate Relations Unit –
Telephone: (202) 473-7711
Facsimile: (202) 974-4384

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