Bina Istra (IFC-32728)

Countries
  • Croatia
Where the impacts of the investment may be experienced.
Financial Institutions
  • International Finance Corporation (IFC)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Proposed
Bank Risk Rating
B
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Feb 10, 2018
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
BINA - ISTRA, d. d.
The holder of the loan, grant, or other investment.
Sectors
  • Construction
  • Transport
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
Not Disclosed
When disclosed, the bank did not provide this value. Please review updated project documents for more information.
Primary Source

Original disclosure @ IFC website

Updated in EWS Jan 3, 2018

Disclosed by Bank Dec 12, 2017


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Project Description
This project finances the widening to a four-lane profile of a 28 km section of the existing 145 km toll road concession located on the Istrian peninsula in Croatia. The Concession was initially granted to Bina Istra d.d. in 1995.
Investment Description
  • International Finance Corporation (IFC)
Private Actors
Contact Information
Bina Istra d.d. Ms. Ljiljana JeŇ°ic Coordinator +385 1 6138 307 lj.jesic@bina-istra.hr Savska 106, 10000 ZAGREB, Croatia www.bina-istra.com ACCOUNTABILITY MECHANISM OF IFC The Compliance Advisor Ombudsman (CAO) is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an IFC or MIGA- financed project. If you submit a complaint to the CAO, they may assist you in resolving a dispute with the company and/or investigate to assess whether the IFC is following its own policies and procedures for preventing harm to people or the environment. If you want to submit a complaint electronically, you can email the CAO at CAO@worldbankgroup.org. You can learn more about the CAO and how to file a complaint at http://www.cao-ombudsman.org/