PROJECT

Projects

Summary of Proposed Investment

Project Number

24209

Company Name

Domicem S.A.

Date SPI Disclosed

Mar 15, 2005

Country

Dominican Republic

Industry

Manufacturing

Projected Board Date

May 20, 2005

Status

Completed

Sector

Cement

Department

Gbl Ind, Manufact, Agribus & Services

Environmental Category

C - No Impact

Previous Events

Approved : May 13, 2005
Signed : Jun 28, 2005
Invested : Jul 28, 2005

Project Description

This project is a modification to an existing IFC project in the Dominican Republic – Domicem No. 20490, which was approved by the Board on July 8, 2003. The original project envisaged partial ownership by Domicem (or the company) of a captive power plant. During construction of the plant, the company has decided that it would be more efficient to fully own the power plant while having an energy equipment supplier operating and maintaining it.

Sponsor / Cost / Location

Development Impact