📋 Tender Overview
Project Number
607553
Primary Business Area
Manufacturing, Agribusiness & Services
Disclosure Date
Feb 4, 2025
Country
Morocco
Region
Africa
IFC Approval Date
Feb 10, 2024
Status
Active
Estimated Total Budget
$1,736,759.00
(Project budget includes all project-funded activities)
Last Updated Date
Project Estimated Start Date
Feb 29, 2024
Project Estimated End Date
Feb 28, 2027
Client Legal Name
AMDI
Project Description
The project aims to promote the Moroccan textile and apparel (T&A) sector shift towards circularity by i) enabling investments in the T&A sector in Morocco, and ii) supporting the development of a value chain for the recycling and valorization of post-industrial textile waste, also known as pre-consumer textile waste. This is waste generated during the production process, such as cutting waste, dead stock, non-conforming products, which could be reused and recycled. This pilot project will focus on supporting the sustainability of the textile industry through the adoption of an innovative circular economic model, aiming to restore waste value and reduce waste, which in turn should support continued access to markets with sustainability and circularity standards.
