PROJECT

Projects

Environmental & Social Review Summary

Project Number

26360

Company Name

MAGRABI HOSPITALS AND CENTERS LTD

Date ESRS Disclosed

Oct 30, 2007

Country

Middle East, Pakistan, and Afg Region

Region

Middle East

Last Updated Date

Aug 6, 2021

Environmental Category

B - Limited

Status

Completed

Previous Events

Approved : Jan 10, 2008
Signed : Jan 27, 2008
Invested : Mar 19, 2009

Sector

Hospitals and Clinics

Industry

Health, Education and Life Sciences

Department

Gbl Ind, Manufact, Agribus & Services

Project Description

The project consists of financing the expansion in Egypt and Yemen of Magrabi Hospitals & Centers (Magrabi or the Group). The company intends to expand its operations by establishing 8 hospitals and 4 centers in different cities in the MENA region.

Overview of IFC's Scope of Review

The review of this project consisted of appraising written technical, environmental and social information submitted by Magrabi Eye Hospitals in Sana`a and Cairo, site visits by IFC to the existing hospitals and future developments in both cities and meeting with head of operations in Magrabi Eye Sana`a and the management of Magrabi Group in Cairo.

Future developments of the Group in Egypt, Saudi Arabia and Sudan have been discussed as well. When the design phase of these developments is finished, IFC will review the detailed design and if necessary carry out an additional site appraisal to ensure that this phase of the project also fully comply with the IFC Performance standards and guidelines. During this EHS site appraisal, IFC will assess what PSs are applicable for any other developments that are or will be part of the project.

E & S Project Categorization and Applicable Standard

Environmental and Social Mitigation Measures

Stakeholder Engagement

Client Documentation

File Name Actions
Magrabi ESAP Word Final copy.pdf