AEF Abercrombie & Kent (Tanzania) Ltd.

completed

SUMMARY OF PROJECT INFORMATION (SPI)Country/Project Name Tanzania-Abercrombie & Kent Tanzania Limited.Region Sub-Saharan AfricaSector TourismProject No 007178Projected Approval Date December 22, 1995Company Name Abercrombie & Kent Tanzania LimitedTechnical Partner and/or Major Shareholders:  The sponsor is Geoffrey Kent, a Kenya born British national and longtime resident of Kenya.  Mr. Kent is considered a pioneer in establishing East Africa on the world tourism map.  Since founding Abercrombie & Kent Tanzania Limited Kenya in 1963 he has expanded worldwide to establish many other companies, all in the tourism industry under the Abercrombie & Kent Tanzania Limited name.Project Cost including proposed IFC investment:   Project Cost: US$ 900,000 IFC Investment (Loan): US$ 450,000Location of project and Description of site:  The Company''s office is located at the Arusha International Conference Centre.  The minibuses are based at a leased depot in the town center and when in use are driven primarily to transport tourists to game parks within Tanzania’s northern circuit.  Description of Company and Purpose of Project:  ABERCROMBIE & KENT TANZANIA LIMITED Tanzania is a tour operator that packages holidays in Tanzania.  The Company contracts hotel accommodation, organizes land and air transportation within the country, provides local guides and liaises with all providers of ancillary services for the tourists.  The project is the renewal of the Company''s minibus fleet with the purchase of 30 minibuses in two phases over two years.  The renewal program will reduce the average age and number of vehicles in the fleet.  This will enhance efficiency, lower costs and increase profitability.Environmental Categories and Issues:  This is a category B project.  Key issues considered during review of this project included waste disposal, oil/fuel storage and spill prevention, vehicle emissions and safety, and fire protection.  The sponsors submitted a detailed and acceptable management plan addressing the issues listed above.  An ERS is expected to be available in the PIC on December 5, 1995.Date SPI sent to PIC: December 1, 1995For additional Information contact:  Corporate Relations Unit - telephone (202) 473-7711 - facsimile: (202) 676-0365.Environmental documents for this project are available at http://www.ifc.org and from the World Bank InfoShop (http://www.worldbank.org/html/pic/aboutinfo.html).