INDUSTRIAL DEVT (DFC)

closed

The project consists of three components: (i) provision of $25 million to meet part of IDBI's requirements for financing of the import component of specific industrial projects aimed at producing for export or located in less-developed regions; (ii) provision of $5 million to help finance imported equipment, materials and consultants' services estimated at 25 man-months required for: (a) strengthening the Government's capacity to appraise and supervise industrial R&D projects; (b) establishment of a basic R&D facility for the Negev R&D Authority; and (c) five R&D subprojects to develop a prototype non-convecting pond to collect and store solar energy; commercial cultivation of the jojoba bean and a family of commercial waxes derived from it; a telephone system for communities of between 100 and 400 subscribers; a family of engines compatible with a variety of energy sources; and a high-performance tomographic scanner; (iii) provision of $5 million to help finance expansion of: (a) three technician/practical engineering institutes; and (b) four vocational training centers.