PROJECT

Projects

Environmental & Social Review Summary

Project Number

31897

Company Name

UAP PROPERTIES LTD

Date ESRS Disclosed

Apr 3, 2012

Country

South Sudan

Region

Africa

Last Updated Date

Oct 12, 2023

Environmental Category

B - Limited

Status

Completed

Previous Events

Approved : May 3, 2012
Signed : May 11, 2012
Invested : Aug 13, 2013

Sector

Construction and Real Estate

Industry

Tourism, Retail and Property

Department

Regional Industry - MAS Africa

Project Description

UAP Properties Limited (the “Company”) is seeking financing to support the construction of a green field mixed-use property to be known as Equatoria Tower (“the Project”) in Juba, the national capital and commercial center of South Sudan, and the capital of the country’s Central Equatoria State. The Project is a joint venture initiative between UAP Insurance South Sudan Ltd., a subsidiary of UAP Holdings, one of the leading insurance and financial services companies in East Africa, and the state government’s Central Equatoria Investment Corporation (CEIC). The Equatoria Tower will be a 12 storey complex comprising 7,700 m2 of total built up space providing approximately 6,500 m2 in retail space (ground floor), conference facilities and office space.

Overview of IFC's Scope of Review

IFC’s assessment of the Project consisted of a review of project documentation and meetings with key members of the Project team including: the Managing Director and Finance Manager of UAP Insurance South Sudan Ltd., the developer’s Project Manager and Architects, the Project’s builder, China National Aero-Technology International Engineering Corporation (CATIC), and representatives of the government’s Ministry of Environment. The review also included site visits to the Equatoria Tower building site in Juba and another UAP development – UAP Plaza Apartments, a five storey 3,000 m2 residential development – also in Juba. In addition, IFC visited the site of CATIC’s construction of the new international terminal at Nairobi’s Jomo Kenyatta International Airport, a World Bank supported project.

E & S Project Categorization and Applicable Standard

Environmental and Social Mitigation Measures

Stakeholder Engagement

Environmental & Social Action Plan

Client Documentation

File Name Actions
ESAP Equatoria Towers - April 2012.pdf