Summary of Proposed Investment
Project Number
8239
Company Name
Nabahin Industry and Trading Company
Date SPI Disclosed
May 9, 1997
Country
West Bank and Gaza
Industry
Manufacturing
Status
Active
Sector
Automotive Tires
Department
Regional Industry MAS MCT
Environmental Category
B - Limited
Previous Events
Approved : Jun 6, 1997
Signed : Aug 18, 1997
Invested : Sep 17, 1997
Project Description
Summary Of Project Information (SPI)
| Project Name | West Bank & Gaza - Nabahin |
| Region | Central Asia, Middle East & North Afrida |
| Sector |
Projected Board DateJune 10, 1997
Company NameNabahin Industry & Trading Company
Technical Partner and/or Major Shareholders
The Nagahin Family
Project Cost Including proposed IFC investment
A loan of US$0.65 million. The total project cost is US$1.7 million.
Location of project and Description of site
The re-treading tires factory is in the Gaza Strip
Description of Company and Purpose of Project
The aim of the investment is to help expand the capacity of the factory. The expansion would allow it to meet increasing demand, lower production costs, broaden its line of products and develop its distribution network.
Environmental Category and Issues
This proposed project is classified as a category B project according to IFC’s environmental review procedure. Environmental issues which were examined included air emissions and liquid effluents, solid waste management, and general worker health and safety. The facility produces only minor air and water emissions. Solid wastes are primarily rubber shavings from the processed tires, which are recycled as an additive in asphalt for road paving or as low grade rubber, or are landfilled. The sponsor has installed appropriate fire detection and protection equpment and will operate the facility in conformance with World Bank health and safety guidelines
The is May 15, 1997 from the Public Information Center.
| Date SPI sent to PIC | May 9, 1997 |
For Additional Information contact: Corporate Relations Unit -
telephone: (202) 473-7711
facsimile: (202) 974-4384
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
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