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Tunisian Indian Fertilizers Plant

Tunisia

Borrower Tunisian Indian Fertilizer S.A. (TIFERT)
Financing Type Private Sector & Trade Finance
Instrument Private Sector Debt
Focus Area Industry
Approved 11.03.2008
Signed 12.08.2009
Status Completed
Loan Administrator ISDB
Co-financiers TIFERT - Equity, EIB, ISDB
OPEC Fund Contribution (US$m) 30.00

Tunisian-Indian

Fertilizers S.A. (TIFERT) is a joint venture between

Tunisian partners involved in the production of phosphate

and phosphoric acid and Indian companies

engaged in the production and sale of fertilizers using

phosphoric acid as an input. The project concerns the

construction of a new phosphoric acid production

facility, which will use local phosphate rock as its main

raw material. Once operational, the facility will help

boost production of phosphoric acid and create further

value-added for the mining industry. It will also

generate significant employment in a region where

there are few industries and help consolidate the

country’s economic decentralization program.

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