Release date: 19 March 2002
Promoter – Financial Intermediary
Ciments Artificiels Tunisiens S.A. (CAT)Location
Description
The project concerns modernisation and expansion of the production capacity of the cement works, located in Tunis, of CAT, a company privatised in May 2000 and belonging to the Italian Group Colacem Spa, Gruppo financo.
Objectives
Upgrading production facilities, improving efficiency and safeguarding the environment.
Comments
Cement production and environment
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 20 mio
Total cost (Approximate amount)
EUR 42 mio
Environmental aspects
The plant will be developed in keeping with Tunisian standards, reducing water and energy consumption and emission of major pollutants such as toxic dust by installing filters; the project will enhance the plant's characteristics and bring it into line with the standards currently in force in the EU and Tunisia.
Procurement
Procurement rules for private-sector projects will be applied.
Status
Signed - 24/05/2002