Loan to ACC, Algeria

Loan to ACC, Algeria
Published: 01 July 2004

The European Investment Bank (EIB) has awarded a new loan, for US$12m, to ACC (Algerian Cement Company), to fund the extension of a cement works near M’Sila, 240 km south-west of the capital. The original building of the cement works was funded between 2002 and 2004 by an EIB loan of Euro66m and other funding.