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Elif Global Packaging S.A.E

Sector: Manufacturing (Industrial) • Location: Egypt, Arab Republic of

Source: Multilateral Investment Guarentee Agency (MIGA)

Project
Active

On September 24, 2014, MIGA issued a guarantee of $10.2 million covering a loan guarantee from Elȉf Plastik Ambalaj Sanayȉ ve Tȉcaret A.Ș., (Elif Plastic) to Landesbank Baden Württemberg on behalf of Elif Global Packaging S.A.E. in Egypt. The coverage is for a period of up to nine years against the risks of transfer restriction, expropriation, and war and civil disturbance, including temporary bu

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The project “Elif Global Packaging S.A.E” is an infrastructure initiative in the Manufacturing (Industrial) sector, located in Egypt, Arab Republic of. Taiyo aggregates data on it from Multilateral Investment Guarentee Agency (MIGA).

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active

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Description

Description

On September 24, 2014, MIGA issued a guarantee of $10.2 million covering a loan guarantee from Elȉf Plastik Ambalaj Sanayȉ ve Tȉcaret A.Ș., (Elif Plastic) to Landesbank Baden Württemberg on behalf of Elif Global Packaging S.A.E. in Egypt. The coverage is for a period of up to nine years against the risks of transfer restriction, expropriation, and war and civil disturbance, including temporary business interruption. The project involves the construction of a new packaging plant near Cairo. Elif Plastik, the main operating company of the Elif Group, is a global supplier in the flexible thin films packaging industry, mainly supplying consumer products companies, including Procter and Gamble. MIGA initially supported this project in fiscal year 2014.

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Source reliability

High

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100%

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