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- SOTEXKA Textile
SOTEXKA Textile
Senegal
| Borrower | Senegal |
| Financing Type | Public Sector |
| Instrument | Project Loan |
| Focus Area | Industry |
| Approved | 22.08.1980 |
| Signed | 24.10.1980 |
| Status | Completed |
| Loan Administrator | AFDB |
| Executing Agency | Société des Textiles de Kaolack |
| Co-financiers | AFDB, ISDB |
| OPEC Fund Contribution (US$m) | 5.00 |
| Total Project Cost (US$m) | 53.30 |
The project comprised the setting-up of an integrated complex in Kaolack with a projected yearly capacity of 8.82 million ready-to-wear clothes. The project's major components included: (a) buildings (production shed, storage, administration blocks, access road); (b) equipment and inventory facilities; (c) auxilliary equipment (for producing, storing and distributing fluids and power required in the manufacturing process); (d) preopening expenses and working capital needs; and (e) works supervision.