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Country-Plan Projects and Tenders |
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5325 Subject |
5 مليون دولار من البنك الدولي لمجموعة سيكم للاعشاب IFC – International Finance Corp. of the World Bank extending $ 5 million soft loan to long established Secem Group. |
| Date Published | Saturday, February 07, 2004 |
| Source Name | Al Alam Al Yom |
| Location Name | Country Wide |
| Description | IFC – International Finance Corp. of the world Bank has extended $ 5 million soft loan to Secem Group. Group is a leading producer of organic food, medical & aromatic herbs, also of chemicals free fabrics. The loan would be allocated to finance company expansion & consolidate communication links between the Group & almost 200 farms contracted thereby to operate under its supervision & standards. To which extent the development would enhance other mega export oriented agricultural / agro-industrial private groups to revamp their operations & enhance their suppliers chain management systems, that remains to be seen] |
| Sectors Section | Beneficiary Sectors - Agriculture & Food Agricultural & Animal Production - Information Technology & Telecom Telecommunication Equipment/ Works |
