PROJECT

Projects

Summary of Proposed Investment

Project Number

31109

Company Name

PROGIMMO SA

Date SPI Disclosed

Aug 8, 2011

Country

Burundi

Industry

Tourism, Retail and Property

Projected Board Date

Sep 26, 2011

Status

Completed

Sector

Construction and Real Estate

Department

Regional Industry - MAS Africa

Environmental Category

B - Limited

Previous Events

Approved : Oct 31, 2011
Signed : Dec 20, 2011
Invested : Feb 19, 2013

Project Description

PROGIMMO S. A (“Progimmo” or the “Company”), a local property developer in Burundi, intends to build and manage a modern office/commercial building in Bujumbura (the “Project”).

The Project will consist of two three story structures with about 7,000 m2 and adequate parking. The design of the building will conform to international life, fire and safety standards.

Sponsor / Cost / Location

Development Impact