AEF Kiwa II Industries Limited

completed

 SUMMARY OF  PROJECT INFORMATION (SPI)Project name Uganda-Kiwa (II) Industries LtdRegion Sub-Saharan AfricaSector Cement and Construction MaterialsProject No 007915Projected Board Date March 31, 1997Company Name Kiwa Industries LtdTechnical Partners and/or Major Shareholders: The major shareholders of the Company are: Mr. P. Waswa (40%) Mrs. R. Waswa (10%) and Mrs. R. Kisitu (18%); and others (32%).  The project sponsors are successful business people with a proven track record in the building products industry. Project Cost including proposed IFC Investment: Project cost : US$1,393,911 IFC investment : US$250,000Location of Project and Description of Site: The project is located on a 0.46 ha site at Nakawa Industrial Area, 5 km from Kampala city centre.Description of  Company and Purpose of  Project: Kiwa Industries Ltd (KIL) is a profitable business which has been in operation for the past five years and produces concrete roofing tiles in Kampala.  The recent construction boom in Uganda has spurred demand for building materials.  The project is to expand and modernize Kiwa’s operations through de-bottlenecking and automating the production process.  Production would increase from the present 720,000 tiles per year to equipment’s rated capacity of 1.4 million tiles per year.  APDF has assisted the sponsors in structuring the project and preparing a project feasibility study report.Developmental Impact: The project will add value to local resources by producing high quality tiles and will provide more building materials to the construction industry.IFC Role: IFC’s role is to provide long term finance which is not readily available in the country.  IFC together with APDF has provided significant assistance to the sponsor in reviewing and structuring the project to suit local market conditions. Environmental Categories and Issues: Category B.  Environmental and occupational health and safety issues include liquid and solid waste disposal, power supply, provision of ventilation and protective equipment, general safety training, and fire protection.  Liquid and solid waste will not be emitted and safety equipment and training will be provided to all employees.  The Environmental Review Summary is available at the Public Information Center.Date SPI sent to PIC February 25, 1997For additional Information contact:  Corporate Relations Unit - Telephone (202) 473-7711- facsimile:(202) 676-0365Environmental 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).