ACTIVITY SCOPE | COLLABORATION TYPE | AID TYPE | FINANCE TYPE | FLOW TYPE | TIED STATUS | HIERARCHY |
---|---|---|---|---|---|---|
National 4 | Multilateral outflows 4 |
Project-type interventions C01
|
Untied | 1 |
PARTICIPATING ORG | REFERENCE | ROLE | TYPE |
---|---|---|---|
European Bank for Reconstruction and Development
|
REF XI-IATI-EBRD
|
Funding | Multilateral |
LAND'OR SA
|
Implementing | Private Sector |
NAME | DESCRIPTION | POSITION | CLASS | REACH | EXACTNESS |
---|---|---|---|---|---|
KHALIDIA
ID 2473608 (Geonames)
|
36.64609 10.19343 | Administrative Region | Approximate |
START | END | TYPE | STATUS | VALUE |
---|---|---|---|---|
2025-01-01 | 2025-12-31 | Original | 3,039,286.42 EUR |
DATE | DESCRIPTION | PROVIDER | RECEIVER | VALUE |
---|---|---|---|---|
2020-09-02 |
FLOW Other flows
50
FINANCE Investment-related loan to developing countries Withdrawn
411
|
LAND'OR SA |
3,039,286.42 EUR |
NARRATIVE | TYPE | DESCRIPTION |
---|---|---|
Landor is launching a capex plan of ca. TND 67.2 million (ca. EUR 21.2 million) which consists of (i) ca. MAD 165.5 million (eq. EUR 15.7million) investment in a new plant in Morocco and (ii) ca. TND 17.0 million (eq. EUR 5.5 million) in Tunisia for capacity expansion and process optimisation of its plant. This project was approved in the context of the Bank's response to the COVID-19 pandemic. To avoid delays to the delivery of this project, the Bank's President granted a deviation from the ordinary timelines for PSD disclosure, as contemplated by Section V of theDirective on Access to Information. Details of the Bank's response to COVID-19, and this deviation, can be found on our website. Project in Morocco: This investment in Morocco is driven by i) a dynamic local market, ii) a validated export potential to sub-Saharan countries out of Morocco. Landor decided to acquire 1.3 ha of land near Kenitra (in western Morocco) and to build a 6.1k sqm plant. Project in Tunisia: This investment focus on capacity expansion and process optimisation of the plant in Khelidia (suburbs of Tunis). Landor is also planning investments in productivity, quality and safety in order to optimise the processes in its Tunisian plant and improve its industrial standards. For more details, please refer to the project summary document at https://www.ebrd.com/view/psd/51484
|
Performance | The condition attached requires certain outputs or outcomes to be achieved by the recipient |