Olam – Lagos Sesame Hulling Plant – Nigeria - Project Profile
"Olam – Lagos Sesame Hulling Plant – Nigeria - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.
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Olam International Ltd (Olam) is planning to undertake new sesame hulling plant project in Lagos, Nigeria.
The project involves the construction of a new sesame hulling facility. It includes the construction of a production unit, a crushing unit, a processing unit, a freezing unit, a packing unit and related facilities.
On August 28, 2013, International Finance Corporation (IFC) signed an initial five-year loan agreement with Olam for the project.
On April 19, 2016, Olam signed a five-year US$175-million loan agreement with IFC for the project. The financing will support the Olam's portfolio in many countries.
Planning activities are underway.
The project involves the construction of a new sesame hulling facility in Lagos, Nigeria.
The US$16 million project includes the following:
1. Construction of a production unit
2. Construction of a crushing unit
3. Construction of a processing unit
4. Construction of a freezing unit
5. Construction of a packing unit
6. Construction of related facilities
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