PROJECT

Projects

Environmental & Social Review Summary

Project Number

26071

Company Name

CHAIN HOTEL COMPANY SA

Date ESRS Disclosed

Dec 14, 2007

Country

Senegal

Region

Africa

Last Updated Date

Jun 3, 2021

Environmental Category

B - Limited

Status

Completed

Previous Events

Approved : Mar 19, 2008
Signed : Mar 20, 2008
Invested : Mar 10, 2009

Sector

City and Business Hotel

Industry

Tourism, Retail and Property

Department

Regional Industry - MAS Africa

Project Description

Teylium International (Teylium, the Group and the Sponsor) is a diversified holding company with a commercial property development arm and operations in Senegal, Cote d’Ivoire, Mali, Guinea and Cape Verde. Teylium has requested IFC to provide up to EUR 17 million of debt for:

- the greenfield construction of a 180 room, five-star hotel to be operated by Radisson and fully-owned by a Teylium International subsidiary, Chain Hotel SA (the "Chain Hotel”); and
- the greenfield construction of a 20,000 sqm, mixed-use facility (including a shopping mall, a commercial center and residences) fully owned by another Teylium subsidiary, Sea Plaza SA, ("Sea Plaza").

The hotel is slated to open at the end of the second quarter of 2008 and the shopping center at the end of the fourth quarter 2008. The project will help promote the modernization of the hotel, retail and commercial property development in Senegal and also support the growth of local sponsors in West Africa.

Overview of IFC's Scope of Review

IFC has review the following Environmental Impact Assessment for the project, which will be publicly released through the InfoShop:

- Simon et Christiansen Afrique Ingenieurs-Conseils SARL. Etude D’Impact Environnemental pour la Construction du Complexe Sea Plaza Hotel : Rapport Final 08.01.2007. (Environmental Impact Study for the Construction of the Sea Plaza Hotel Complex: Final Report (“the EIA”) Dakar : Teylium International.

IFC has reviewed the following additional documents that will not be made publicly available:

- Letter from the Director of the Environment and Classified Establishments in the Senegalese Ministry of the Environment, Nature Protection, Reservoirs and Artificial Lakes, dated 03.10.2007 attesting that the EIA conforms to the Senegalese Environmental Code relating to environmental impact studies.

- Bureau Veritas. Notice de Securite des Personnes (Notice of Security of Persons): Hotel Sea Plaza « Batiment en 4 Niveaux », Notice de Securite No CTC 16495 SMK/AS Du 05/03/2007.

- Letter from the Commander of the National Taskforce of Firefighters, dated 19.03.2007 to the Chief of the Division of Infrastructure for the National Agency of the Islamic Conference Organization concerning the “Etude Technique d’un dossier de construction d’un Establissement Recevant du Publique” (Technical Study of a construction project for a Public Building).

An IFC social and environmental specialist has visited the site on the West Corniche of the City of Dakar, Senegal, and has had discussions with the Ministry of the Environment, Institut Africain de Gestion Urbaine (‘African Institute for Urban Management’), the Project environmental consultant, the World Bank urban sanitation specialist based in Dakar, Office National de l’Assainissement (“ONAS”), near-by local residents, other local environmental consultants, and with the Sponsor. The Corniche is a road that runs around the edge of the peninsula on which the City of Dakar sits. IFC staff have also visited the wastewater pumping station operated by the “ONAS”, the national agency responsible for water treatment. Additionally, the staff of Teylium International, (the Sponsor) has answered written and oral questions for IFC staff.

E & S Project Categorization and Applicable Standard

Environmental and Social Mitigation Measures

Stakeholder Engagement

Client Documentation

File Name Actions
Teylium Action Plan.pdf
Teyliym_suite-.pdf
Teylium_1.pdf