Algerian cement company to be created

Projektträger – zwischengeschaltetes Finanzinstitut

Private sector conglomerate

Ort

• Algerien

Beschreibung

Construction and operation of a new cement plant.

Ziele

The proposed project will respond to the increasing demand for cement in Algeria. Currently, there is a shortage of building materails such as cement and steel rebars in the country.Economically, the new plant will serve the national income, provide job opportunities and long term economic boost.

Kommentar(e)

Construction

Sektor(en)

• Industrie

Vorgeschlagene EIB-Finanzierung (voraussichtlicher Betrag)

Up to 25% of project cost.

Gesamtkosten (voraussichtlicher Betrag)

Approximately EUR 270 million

Umweltaspekte

The plant will be in line with international standards. An environmental impact study has been carried out and the usual mitigating measures in the operation of cement plants will be taken into consideration.

Auftragsvergabe

Procurement procedures will be checked during the appraisal.

Projektstatus

Unterzeichnet - 25/11/2002