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- 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.