SMALL INDUSTRY DEVT.

closed

The IDA credit would help finance the following: (i) an industrial estate of about 32,500 square meters (with provision for expansion to 130,000 square meters) in the outskirts of Sana'a which will provide for the leasing of standard factory buildings and industrial sites for individual occupancy; (ii) technical assistance to potential investors on the estate in the preparation of their individual projects, obtaining finance, selection of equipment suppliers, erection and start-up of machinery and equipment and technical help in solving day-to-day problems during the initial critical years; and (iii) long-term credit facilities to entrepreneurs on the estate for the import of machinery and equipment.