Original disclosure @ IFC website
Updated in EWS Mar 3, 2020
Disclosed by Bank Nov 18, 2019
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According to bank documents, the proposed IFC investment comprises of a loan of up to US$25 million to support infrastructure for 30 additional sewing lines located within the current footprint at the Al-Hassan Industrial Estate, which will house the additional lines.
The total Project cost is US$35 million and IFC will finance up to US$25 million in loan.
Classic Fashion Apparel Industry Ltd. Co. is jointly owned by Mr. Sanal Kumar (80%), Mr. Achyuth Krishnan (10%), and Mr. Sreedharan Nair Ramdas (10%).
|Private Actor 1||Private Actor 1 Role||Private Actor 1 Sector||Relation||Private Actor 2||Private Actor 2 Role||Private Actor 2 Sector|
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Classic Fashion Apparel Industry Ltd. Co.
Director - Management Services
+962 (0) 7704 13953
Al Hassan Industrial Estate, P.O Box 54, Ramtha, Irbid, Jordan
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