Date de publication: 18 mars 2009
Promoteur – Intermédiaire Financier
The promoter is a locally incorporated company, established to implement the proposed project. The company is majority-owned by a European cement producer.
Lieu
Description
The project concerns the construction and operation of an integrated cement plant with a capacity of 7,500 ton per day of clinker, equivalent to some 2.6 Mt of cement per annum.
Objectifs
The project will primarily cater to the domestic market which is currently in deficit. By facilitating local cement production this project should reinforce Syria’s capacity for self-sustaining development, increasing the local value added while replacing the present high level of more expensive cement imports. The project is of particular significance being one of the first large scale private sector investments in the industrial sector in Syria. The project further supports Foreign Direct Investment (FDI) by a European company into Syria.
Secteur(s)
Montant BEI envisagé (montant approximatif)
Up to USD 170 million.
Coût total (montant approximatif)
Estimated at approximately USD 680 million.
Aspects environnementaux
An equivalent project in the EU would fall under Annex II of Directive 97/11/EC. An Environmental Impact Assessment has been carried out. Mitigating measures to be applied, if any, and compliance with relevant legislation will be assessed during appraisal.
Passation des marchés
Procurement procedures will comply with the Bank’s procedures for private-sector projects
Statut
Signé - 28/09/2009
Clause de non-responsabilité
Avant d’être approuvés par le Conseil d’administration et avant la signature des prêts correspondants, les projets font l’objet d’une instruction et de négociations. Par conséquent, les informations et données fournies sur cette page sont indicatives.
Elles sont fournies à des fins de transparence uniquement et ne peuvent être considérées comme représentant la politique officielle de la BEI (voir également les notes explicatives).