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- Operations
- Program Loan five Textile Mills Project
Program Loan five Textile Mills Project
Tanzania
Borrower | Tanzania |
Financing Type | Public Sector |
Instrument | Program Loan |
Focus Area | Industry |
Approved | 04.09.1990 |
Signed | 31.10.1990 |
Status | Completed |
Loan Administrator | OPEC Fund |
Executing Agency | National Textile Corporation (TEXCO) |
Co-financiers | Government |
OPEC Fund Contribution (US$m) | 7.00 |
Total Project Cost (US$m) | 12.50 |
The program's objectives will be achieved through the procurement of spare parts and accessories necessary to meet maintenance requirements of primarily weaving and spinning equipment and machinery for 2 years and procurement of chemicals, dyes and cotton lint required for a period of 6 months.