PROJECT

Projects

Environmental & Social Review Summary

Project Number

31545

Company Name

WATANIYA PALESTINE MOBILE TELECOMMUNICATIONS PSC

Date ESRS Disclosed

Mar 26, 2012

Country

West Bank and Gaza

Region

Middle East

Last Updated Date

Jun 12, 2021

Environmental Category

B - Limited

Status

Completed

Previous Events

Approved : Apr 26, 2012
Signed : May 31, 2012
Invested : Dec 14, 2012

Sector

Mobile Telephony

Industry

Telecommunications and Technology

Department

Gbl Infrastructure & Natural Resources

Project Description

IFC will be the lead arranger for a US$125 million debt facility to fund a project by WM Gaza to expand a cellular network started by Wataniya in the West Bank. The project will include construction and maintenance of cellular tower sites, laying and leasing of a fiber connection for the Company’s main hub sites, and leasing of retail outlets.

Overview of IFC's Scope of Review

The review of this project consisted of a visit by IFC staff to the project site, to meet with and interview management of Wataniya Gaza (or “WM Gaza” or “the Company”), and to have a first-hand look at operational activities. IFC staff also appraised technical, environmental and social information submitted by WM Gaza, including a including Civil Acceptance Technical Sheets, a Human Resources Policies manual, and a Security Guard Services contract. IFC staff also reviewed Wataniya’s operations in the West Bank under IFC’s previous investment, and E&S performance was determined to be satisfactory but with improvements still expected.

E & S Project Categorization and Applicable Standard

Environmental and Social Mitigation Measures

Stakeholder Engagement