Summary of Proposed Investment
Project Number
4825
Company Name
KAILA LODGE LTD
Date SPI Disclosed
Nov 17, 1994
Country
Zambia
Industry
Tourism, Retail and Property
Status
Completed
Sector
Resort Hotel (Including Lodges)
Department
Regional Industry - MAS Africa
Environmental Category
A - Significant
Previous Events
Approved : Jan 19, 1995
Signed : Apr 24, 1995
Invested : Jun 23, 1995
Project Description
SUMMARY OF PROJECT INFORMATION
Project Name: Kayila Lodge, Zambia
Region: Southern Africa
Sector: Tourism
Project No.: 4825
Company Name: Kayila Lodge Zambia Ltd
Description of Location: Lower Zambesi
Date SPI sent to PIC: November 17, 1994
Projected Approval Date: January 10, 1995
Description of Company
and Purpose of Project: Kayila Lodge Zambia Ltd is a new company set up to own and operate a recently completed 8 bed safari lodge on the lower Zambesi River. The project is for the expansion of the lodge to a capacity of 12 beds and for the addition of vehicles and boats.
Technical Partner and/or
Major Shareholders: The shareholders are S.M. McCormick (39%), L.S. Games (29%), D. Games (29%) and A. Masutu (3%). A technical partner in the operation of the lodge is Safari Par Excellence, Zimbabwe, which is a well established canoe and lodge safari operator and white-water rafting group in Zimbabwe. SPE is controlled by S.M. McCormick and L.S. Games.
Project Cost: US$384,000
Environmental Category
and Issues: This is an environmental review category A project. Environmental and occupational health and safety issues include impacts on wildlife and sensitive ecosystems, socioeconomic impacts, water supply, waste disposal, energy resources, and general health and safety issues. An Environmental Impact Assessment prepared by the sponsors, and satisfactorily reviewed by IFC, has been placed in the Public Information Center.
L:\CAFD1\AEF\ZAMBIA\KAYILA.SPI
L:\CAFD1\AEF\ZAMBIA\KAYILA.SPI
Environmental documents for this project are available at http://www.ifc.org and from the World Bank InfoShop (http://www.worldbank.org/html/pic/aboutinfo.html).
Project Name: Kayila Lodge, Zambia
Region: Southern Africa
Sector: Tourism
Project No.: 4825
Company Name: Kayila Lodge Zambia Ltd
Description of Location: Lower Zambesi
Date SPI sent to PIC: November 17, 1994
Projected Approval Date: January 10, 1995
Description of Company
and Purpose of Project: Kayila Lodge Zambia Ltd is a new company set up to own and operate a recently completed 8 bed safari lodge on the lower Zambesi River. The project is for the expansion of the lodge to a capacity of 12 beds and for the addition of vehicles and boats.
Technical Partner and/or
Major Shareholders: The shareholders are S.M. McCormick (39%), L.S. Games (29%), D. Games (29%) and A. Masutu (3%). A technical partner in the operation of the lodge is Safari Par Excellence, Zimbabwe, which is a well established canoe and lodge safari operator and white-water rafting group in Zimbabwe. SPE is controlled by S.M. McCormick and L.S. Games.
Project Cost: US$384,000
Environmental Category
and Issues: This is an environmental review category A project. Environmental and occupational health and safety issues include impacts on wildlife and sensitive ecosystems, socioeconomic impacts, water supply, waste disposal, energy resources, and general health and safety issues. An Environmental Impact Assessment prepared by the sponsors, and satisfactorily reviewed by IFC, has been placed in the Public Information Center.
L:\CAFD1\AEF\ZAMBIA\KAYILA.SPI
L:\CAFD1\AEF\ZAMBIA\KAYILA.SPI
Environmental documents for this project are available at http://www.ifc.org and from the World Bank InfoShop (http://www.worldbank.org/html/pic/aboutinfo.html).
Sponsor / Cost / Location
Related ESRS/ERS
