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    Signature(s)

    Amount
    € 11,800,000
    Countries
    Sector(s)
    Chad : € 11,800,000
    Industry : € 11,800,000
    Signature date(s)
    4/07/2005 : € 11,800,000
    Link to source

    Summary sheet

    Release date
    13 December 2004
    Status
    Reference
    Signed | 04/07/2005
    20030292
    Project name
    Compagnie Sucrière du Tchad SA (CST).
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    Guarantee of local resources raised amounting to EUR 11.8 million
    EUR 42.2 million
    Location
    Sector(s)
    Description
    Objectives

    Modernisation of the sugar complex in Banda (east of Sahr, in southern Chad) and of the Farcha agglomerates factory in N’Djamena.

    To increase sugar production from 31 726 tonnes in 2003/04 to 40 080 tonnes in 2007/08.

    Environmental aspects
    Procurement

    The project concerns the modernisation of an existing sugar complex. At the Bank's suggestion, the promoter will put in place a system of consistent and progressive environmental management which, combined with the proposed investment in the treatment of liquid effluents and gas emissions, will significantly reduce the facilities' environmental impact compared with the current situation.

    Industrial rehabilitation projects have special procurement characteristics given the interest in pursuing existing cooperation with the manufacturers of equipment already installed. Agricultural and irrigation equipment will be purchased following international enquiries undertaken by the group's central purchasing unit, while the promoter itself will carry out the agricultural work (plantation) as it has the skilled labour and equipment for this type of operation. The promoter, which does not own companies that manufacture sugar production equipment, is applying an appropriate procurement policy in line with current practice in the sugar industry.

    Comments

    Agro-industry

    Link to source

    Disclaimer

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

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