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SMI II

Sector: Government • Location: Egypt, Arab Republic of

Source: World Bank Group

Project
Closed

The Small and Medium Scale Industry (SMI) Project is designed to support the program for the development of SMI through a line of credit to DIB and technical assistance to individual enterprises. It provides a part of DIB's foreign exchange requirements over 1985-87 for onlending to SMI, with special emphasis on small-scale industries (SSI). It also finances the foreign exchange cost of continu

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The project “SMI II” is an infrastructure initiative in the Government sector, located in Egypt, Arab Republic of. Taiyo aggregates data on it from World Bank Group.

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Participants

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Status

Original status

closed

Taiyo status

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Taiyo last update

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Email

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Description

Description

The Small and Medium Scale Industry (SMI) Project is designed to support the program for the development of SMI through a line of credit to DIB and technical assistance to individual enterprises. It provides a part of DIB's foreign exchange requirements over 1985-87 for onlending to SMI, with special emphasis on small-scale industries (SSI). It also finances the foreign exchange cost of continuing the program of technical assistance to SMI begun under previous loans. The project provides further support for the Governments' "open-door" policy. By providing financial assistance to SMI, it contributes to the development of this important part of the private sector, while the technical assistance component increases the productivity and efficiency of SMI. The project is expected to create about 71,000 new jobs.

Original sub-sector

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Original Currency

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Original budget

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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