AEF Amaka Cotton Ginneries Limited SUMMARY OF PROJECT INFORMATION (SPI)    Project Name		Zambia-Amaka Cotton Ginneries Limited   		   Region		Sub-Saharan Africa    Sector 		Agri-business    Project No	008872	    Projected Board	   Date	June 30, 1998    Company Name	Amaka Cotton Ginneries Limited    Technical Partner and/or Major Shareholders    	Amaka Cotton Ginneries Limited is a Zambian company equally owned by Amaka Holdings Limited, Swarp Limited and Mukuba Textiles Limited. Amaka Holdings Limited   comprises seven small to medium size Zambian companies dealing in transport, farming and construction. Swarp Limited is the holding company for Swarp Spinning Mills Limited, the largest textile company in Zambia. Mukuba Textiles is a smaller textile company located on the Copperbelt.    Project Cost Including proposed IFC investment    	The project cost, including seasonal working capital for purchase of seed cotton, is estimated at US$6,229,000 and IFC has been requested to provide a loan of US$1,300,000.    Location of project and Description of site    	The project is located in Kabwe, 160km north of Lusaka, on a site owned by the sponsors. The site is developed and has a large warehouse, an office block and a railway siding.    Description of Company and Purpose of Project    	Amaka Cotton Ginneries was setup in 1995. The company is setting up a cotton ginnery to produce cotton lint for sale. Seed cotton will be purchased mainly from small scale farmers through cotton outgrower companies. Lint will be sold locally mainly to the shareholding companies. The gin is being supplied from China by Zambia-China Mulungushi Textiles Joint Venture Project, a textile company located in Kabwe.    	IFCs finance will complete the financing plan.    Environmental Category and Issues    	This is an environmental review category B project.  Environmental and occupational health and safety issues include source of power and water, treatment and disposal of process effluent; disposal of solid and other liquid wastes including sewage; ambient dust emissions; employee exposure to dust, heat and noise; provision of personal protective equipment and health and safety training for employees; fire safety and emergency response; and plant hygiene and housekeeping practices  .    Liquid wastes generated by the process are minimal.   Sewage and solid waste from the plant will be handled by municipal authorities.  Employees will receive appropriate training in safety procedures and will be provided with protective equipment.  Dust levels within the plant will be controlled with a system of ducts and cyclone extractors.  A comprehensive fire safety system including alrms, smoke detectors, a fire ring, and hose reels will be installed in the plant      The Environmental Review Summary was submitted to the Public Information Center on March 26, 1998.    Date SPI sent to PIC		April 15, 1998    This Summary of Project Information is prepared and distributed to the public in advance of consideration of the proposed transaction by the Corporations Board of Directors. It is provided for the purpose of enhancing the transparency of IFCs activities and should not be construed as presuming the outcome of IFC Board consideration.    For additional Information contact: Corporate Relations Unit -    telephone: (202) 473-7711   facsimile: (202) 974-4384    \\StreetTalk\Shared Data@CAFNET@IFC\CAF\AEF\ZAM\AMAKA.SPI   April 15, 1998 3:55 PM  Environmental documents for this project are available at http://www.ifc.org and from the World Bank InfoShop (http://www.worldbank.org/html/pic/aboutinfo.html).