PROJECT

Projects

Environmental & Social Review Summary

Project Number

50635

Company Name

PLP Properties Ltd

Date ESRS Disclosed

Dec 3, 2025

Country

Ghana

Region

Africa

Last Updated Date

Dec 8, 2025

Environmental Category

B - Limited

Status

Pending Approval

Sector

City and Business Hotel

Industry

Tourism, Retail and Property

Department

Regional Industry - MAS Africa

Project Description

The proposed investment is an A loan of up to US$10 million to PLP Properties Ltd (“PLP” or the “Company” or the “Operator”) to support the development of a 170-room 3-star Hampton by Hilton branded hotel at the Kotoka International Airport in Accra, Ghana (the “Project” or “Hotel”). PLP was established by the shareholders of Imexco Trading Ventures Ltd (“Imexco” or the “Sponsor”) to implement and operate the Project. The hotel will be operated by PLP under the Hampton by Hilton franchise. The design and construction of the project are managed by PLP, in line with the Hilton design standards. The construction was ongoing at the time of the appraisal, and completion is expected by September 2026 and opening by Q2 2027.

Overview of IFC's Scope of Review

IFC’s environmental and social (E&S) review of the proposed investment included a field appraisal of the site under construction in May 2025. The appraisal also included: meetings with the company’s management and teams, including the Project manager appointed by PLP, and the two main contractors for construction, among others; and meetings with construction managers, contractor and sub-contractor environment, health and safety (EHS) officers and groups of construction workers.

PLP is yet to develop E&S policies and procedures therefore the document review was focused on those developed prior to and for the construction phase by the Company and main contractors. This included the Environmental Impact Assessment of the project, the Plan of Construction Operation (PCO) and the Health, Safety and Environmental Protection manual, among others. The life and fire safety (LFS) designs were also reviewed.

In addition, a pre-appraisal contextual risk assessment was conducted. This included reputational and labor risks assessment at country and sectoral level, and a PS2-focused gap analysis against local labor statutory framework undertaken by a labor specialist.
Considering the hotel property has been appraised during the construction phase, IFC will conduct a field visit once the hotel is operational and agree on supplementary action plans with the company, if required.

E & S Project Categorization and Applicable Standard

Environmental and Social Mitigation Measures

Stakeholder Engagement

Broad Community Support

Environmental & Social Action Plan

Client Documentation

File Name Actions
PRELIMINARY ENVIRONMENTAL ASSESSMENT REPORT-EPA.pdf