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P.T. DHARMALA AGRIFOOD

Sector: Raw Materials • Location: Indonesia

Source: International Finance Corporation (IFC)

Project
Completed

Summary Of Project Information (SPI)Project NameIndonesia : P.T. Dharmala Agrifood RegionAsiaSectorProject No005065Projected Board DateDecember 21, 1995Company NameP.T. Dharmala AgrifoodTechnical Partner and/or Major Shareholders Dharmala Agrifood is a publicly owned company and is listed on the Jakarta and Surabaya Stock Exchanges. It is majority owned by the Dharmala Intiutama (80%) while the b

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The project “P.T. DHARMALA AGRIFOOD” is an infrastructure initiative in the Raw Materials sector, located in Indonesia. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Description

Description

Summary Of Project Information (SPI)Project NameIndonesia : P.T. Dharmala Agrifood RegionAsiaSectorProject No005065Projected Board DateDecember 21, 1995Company NameP.T. Dharmala AgrifoodTechnical Partner and/or Major Shareholders Dharmala Agrifood is a publicly owned company and is listed on the Jakarta and Surabaya Stock Exchanges. It is majority owned by the Dharmala Intiutama (80%) while the balance 20% is held by the public.Project Cost Including proposed IFC investment The proposed project cost is estimated at US$70 million. The IFC investment includes an ‘A’ loan of US$20 million (on IFC’s own account)and a ‘B’ loan of US$15 million (on account of participants).Location of project and Description of site The project will be located at several sites in Southern Sumatra, West, East and Central Java, Sulawesi and Kalimantan.Description of Company and Purpose of Project Dharmala Agrifood was established in 1971 and began its operations as an exporter of primary agricultural products such as tapioca chips and pellets and has gradually diversified into the manufacture of value-added agri-products such as poultry feed and more recently into integrated poultry farming. The Company is currently undertaking a US$ 70 million investment program to expand its integrated poultry operations. The proposed investment program includes construction of two feed mills, four parent-stock farms, ten small layer farms, a commercial broiler farm and processing plant at various locations in Indonesia.Environmental Category and Issues This is a Category B project according to IFC’s environmental review procedure. Environmental health and occupational health and safety issues associated with this project include liquid efffluents, solid wastes and general employee health and safety. Liquid effluents will be treated on site before discharge. Organic waste from poultry operations will be used as fertilizer where possible. Other solid waste will be landfilled. The wastewater treatment plant for the processing facility will be integrated into the plant design and will comply with both local and World Bank guidelines.The is available from the Public Information Center.Date SPI sent to PIC November 29, 1995For Additional Information contact: Corporate Relations Unit -telephone: (202) 473-7711facsimile: (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).

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