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New equipment for a Moroccan Freight Company

Investor
Rach Kam Negoce
Location
Agadir, Morocco
Investment
Four high efficiency refrigeration units for refrigeration-cooling and Four well insulated semi-trailers
Investment Size
€ 212,727
Financial results
Payback of 3 years and 5 months
Energy savings
2024 L/ year of savings (46% energy savings)
CO2 savings
6.6 tonnes per year
Impact
Productivity gains through improved reliability and efficient maintenance/ Reduced refrigerant leakage and energy consumption
Donor
EU, GCF, KTACA, EBRD SSF.

Acquisition of four refrigerated semi-trailers equipped with diesel refrigeration units

In order to meet the demand of its customers, Rach Kam Negoce, an SME based in Agadir, specialized in international and national transport of goods, has launched a project to strengthen its activity. The investment consists of the acquisition of four new refrigeration units of the Carrier brands (2 vector 1950EH and 2 vector 1550), two Krone cool liner semi-trailers, two Sor-Iberica semi-trailers and three DAF trucks.

As part of this investment, the company requested financing and technical assistance from the Green Value Chain programme. For this purpose, an application for leasing financing was submitted to Maroc Leasing.

The investment amount eligible for GVC financing for this project is 212,727 Euros, i.e. the acquisition amount of the refrigeration units and semi-trailers. The acquisition of the 3 DAF trucks is not eligible, following the Green Value Chain eligibility criteria.

The four new semi-trailers are equipped with insulated boxes in which the goods to be transported will be stored. The refrigeration units generating the cold will be attached to the outer surfaces of the insulated boxes.

These new units will significantly reduce refrigerant leakage and energy consumption. The estimated return on investment is 3 years and 5 months thanks to the productivity gain and the diesel savings of 2,024 L/year, corresponding to a 45% reduction. Greenhouse Gas emissions will be reduced by 6.6 t CO2eq per year.

Green Value Chain (GVC) in Morocco is a credit facility of the EBRD to provide funding to local partner financial institutions for on-lending to Moroccan SMEs belonging to agribusiness, processing industries and logistics value chains and ecosystems. Supported by the European Union, the Green Climate Fund (GCF), the Korean Technical Assistance and Cooperation Account (KTACA) and the EBRD Shareholder Special Fund (EBRD SSF), the facility aims to improve competitiveness of SMEs and that of their value chains through highly efficient green investments.

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