1st Edition

Kenana Kingdom of Green Gold Grand Multinational Venture in the Desert of Sudan

By Osman A. El Nazir, Govind D. Desai Copyright 2001
    286 Pages
    by Routledge

    286 Pages
    by Routledge

    First Published in 2001. The Kenana factory was officially inaugurated on 3 March 1981 by the President of Sudan amidst a blaze of publicity. The Kenana concept aimed to combine Western expertise, Arab financial resources and Sudan's natural resources of sun, fertile soil and plentiful water for irrigation purposes in the creation of a mega-agro-industrial project, bringing to the host country the advantages of large-scale job creation, transfer of advance technology and import substitution. The sheer size of the project, however, allied to Sudan's limited infrastructure and the remoteness of the chosen site from the country's only seaport, fuelled controversy, with negative comment the order of the day as far as the world's financial press was concerned.

    Part 1 The Kenana Story; Chapter 1 The Early Years; Chapter 2 The Feasibility Study; Chapter 3 Revision of the Feasibility Study and Founder Members; Chapter 4 Further Financing Efforts; Chapter 5 The Project; Chapter 6 Project Period Management, 1975'“80; Chapter 7 Pre-Production Progress '¦ And hazards; Chapter 8 Prelude to Full Production; Chapter 9 Factory Operation from the Mid-1980s; Chapter 10 Commercial Operation; Chapter 11 Keys to Kenana's Success; Part 2 Social Factors and Special Services; Chapter 12 The People Who Were Originally There; Chapter 13 Kenana's People Today; Chapter 14 Roles of the Major Shareholders; Chapter 15 Bringing the Water; Chapter 16 Planting the Cane; Chapter 17 New Extension Project; Chapter 18 Harvesting; Chapter 19 Workshop Activities; Chapter 20 Manpower Training; Chapter 21 Satellite Offices; Chapter 22 The World Sugar Industry and International Marketing; Part 3 Financial Records; Chapter 23 Contractors' and Consultants' Claims and Counterclaims; Chapter 24 Fixed Asset Revaluation; Chapter 25 Project Costs and Escalation; Chapter 26 Project Capital Cost Track (Estimates vs. Actuals); Chapter 27 Share Capital and Project FinancingPart 4 Appendices;

    Biography

    The first co-author, Osman El Nazir, has been involved in the project since 1973, initially as a representative of Sudan's Ministry of Finance, then as a board member from mid-1975, and as Deputy Managing Director (1977-79), when he was appointed State Minister of Finance in Sudan Government. The second co-author, G. D. Desai, who had been associated with a Lonrho group company in Zambia since 1969, was invited in February 1975 to join Lonrho's team managing the Kenana project. After completing his commitments as Financial Controller of the National Transport Corporation of Zambia, he joined Kenana in August 1975, taking up the position of Chief Accountant and later, in 1981, becoming Financial Controller through to March 1994.