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Estimated Total Budget Pending (Project budget includes all project-funded activities)
Last Updated Date
Mar 8, 2022
Project Estimated Start Date
Oct 26, 2016
Project Estimated End Date
Jun 30, 2018
Project Description
IFC will assist the client to identify, market to, shortlist and engage with investors or strategic partners from both traditional and non-traditional markets. IFC will support valuation, negotiations and transaction execution, including facilitation of investors due diligence up to deal closure.
Development Results
By the end of implementation, the project is expected to result in the client having selected an investor/strategic partner and raising funding. The project will facilitate private sector investment and enhance private sector growth, strengthening local economies.
Indicator
Calendar Year 2019 Results
Cumulative Results as of 2019
Number of reports (assessments, surveys, manuals, Phase I/strategic option reports) completed
Not Available
2
Number of reports accepted by client
Not Available
2
Value of financing facilitated (US$)
Not Available
21,300,000
E&S Risks / Impacts and Mitigation
Performance Standard
Description & Potential Impact
Mitigation
PS 1. Assessment and Management of Environmental and Social Risks and Impacts
Recommendations for the project are as follow: (i) the value brought about by the current management of the E&S risks in accordance with International Standard is a risk reduction factor and this could be used as argument during marketing phase (ii) given the high level of equity (40%), the selected partner will be key in supporting to E&S management and providing adequate resources and attention. It is recommended to fully disclose the E&S requirements and the E&S Action Plan that are part of the loan, and as part of the discussions to inform candidates that these will have to be followed at all times and supported by the Strategic Partner.
Recommendations for the project are as follow: (i) the value brought about by the current management of the E&S risks in accordance with International Standard is a risk reduction factor and this could be used as argument during marketing phase (ii) given the high level of equity (40%), the selected partner will be key in supporting to E&S management and providing adequate resources and attention. It is recommended to fully disclose the E&S requirements and the E&S Action Plan that are part of the loan, and as part of the discussions to inform candidates that these will have to be followed at all times and supported by the Strategic Partner.
Press-Release
Additional Documents
Similar Projects
This Summary of Advisory Services Project Information (ASPI) is prepared by IFC to disclose a factual summary of the main elements of this advisory services project. It may also include findings and recommendations related to environmental and social considerations regarding this project. The purpose of the ASPI is to enhance the transparency of IFC's activities. For any project documentation or data included or attached herein, whether prepared by the project sponsor or otherwise, authorization has been given for public release by the client. IFC considers that this ASPI is of adequate quality for release to the public, but has not necessarily independently verified all of the project information therein. It is distributed within sixty days of project's approval and may be updated periodically afterwards. Total budget and start dates are estimates only. The following ASPI is disclosed in accordance with IFC's Access to Information Policy (AIP) that went into effect on January 1, 2012.
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