corporate_banner_en

Ohorongo Cement Namibia

Projects
Regions
European Union
Enlargement countries
European Free Trade Association
Mediterranean Neighbourhood
FEMIP Overview
Maximizing synergies
Financing & advisory services
Loans
Private equity
Advisory services
FEMIP Support Package
Procurement for TA operations
How to apply
Trust Fund
Technical advisory
Private equity
Organisation and staff
FEMIP Internship Programme
FEMIP Secondment Programme
FAQ - FEMIP
EU Eastern Neighbours
Projects
Cooperation with other institutions and organisations
Financing facilities
Trust fund
Examples of EPTATF Operations
Institutional framework
Applying for loans
Organisation and staff
Central Asia
Institutional framework
Cooperation with other institutions and organisations
Financing facilities
Technical assistance and grants
Applying for loans
Organisation and staff
Sub-Saharan Africa, Caribbean and Pacific
Funding and Financial Instruments
Applying for loans
Cooperation with partners
Investment Facility
Other initiatives
Activities
Asia and Latin America
Priorities
SMEs
Innovative options
Loans
Microfinance
EU partners for SMEs & mid-caps
Non-EU partners for SMEs & mid-caps
RDI support
Equity investment
Regional development
Climate Action
Activities
Financial instruments and advice
Climate Mainstreaming
Urban & natural environment
Innovation
Skills and Jobs
Trans-European Networks
Transport
Energy
Project Cycle
Applying for a loan
Appraisal
Procurement
Monitoring
Projects to be Financed
Explanatory notes
Breakdown by region
European Union
EFTA countries
Enlargement Countries
Eastern Europe, Southern Caucasus and Russia
Mediterranean countries
Africa, Caribbean, Pacific countries + OCT
South Africa
Asia and Latin America
Breakdown by sector
Projects Financed
Breakdown by region
European Union
EFTA countries
Enlargement Countries
Eastern Europe, Southern Caucasus and Russia
Mediterranean countries
Africa, Caribbean, Pacific countries + OCT
South Africa
Asia and Latin America
Breakdown by sector
Multi-criteria list
Operations Evaluation
Process and methodology

Ohorongo Cement Namibia

  •  Reference: 20080021
  •  Release date: 13 January 2009
Promoter – Financial Intermediary

Schwenk Zement KG

Location
Description

Construction of a 700.000 tons p.a. greenfield cement plant in northern Namibia.

Objectives

The plant output will address domestic cement demand by substituting relatively expensive imports. The remainder of the production will be sold to southern Angola, Botswana and Zambia, which due to poor domestic infrastructure can be more efficiently supplied from Namibia.

Comments
 
Sector(s)
Proposed EIB finance (Approximate amount)

EUR 100 million.

Total cost (Approximate amount)

EUR 210 million.

Environmental aspects

A Social and Environmental Study was undertaken, which included a satisfactory level of public consultations. The plant is expected to be built with satisfactory environmental standards.

Procurement

The borrower, a private company, operates in a liberalised sector open to free market competition. The main equipment and services was tendered amongst specialised international engineering companies.

Status

Signed   -   13/11/2009.

Related Documents
  • 14-01-2009 - Environmental Impact Assessment (EIA) EN
  • 14-01-2009 - Non Technical Summary (NTS) of the Environmental Impact Assessment (EIA) EN

Disclaimer

Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).



 Print
Copyright © European Investment Bank 2013
The European Investment Bank is not responsible for the content of external internet sites.

http://www.eib.org/projects/pipeline/2008/20080021.htm