Nakambala sugar refinery project, Zambia
Name and Location
Nakambala sugar refinery project, Zambia.
Client
Zambia Sugar, a subsidiary of Illovo Sugar Group.
Project Description
The project includes the construction of a modern, high-specification refinery that will more than double current refined sugar production capacity to about 100 000 t/y and increase sugar production capacity from 420 000 t/y to 450 000 t/y through a range of smaller factory improvements.
The increased cane supply will come primarily from area expansions of which the smallholder development at Manyonyo, involving an estimated 145 individual growers, is a major part.
Value
The project will cost about $82-million to implement and will be funded by debt finance largely sourced from within Zambia itself and from Zambia Sugar’s own available cash resources.
Duration
The project is expected to be completed in 2016.
Latest Developments
None stated.
Key Contracts and Suppliers
None stated.
On Budget and on Time?
Too early to state.
Contact Details for Project Information
Illovo Sugar group communications manager Chris Fitz-Gerald, tel +27 31 508 4300.
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