Mariupol Buses (IFC-40540)

Countries
  • Ukraine
Where the impacts of the investment may be experienced.
Specific Location
Mariupol
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
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
Sep 13, 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
CITY OF MARIUPOL
The holder of the loan, grant, or other investment.
Sectors
  • Construction
  • Industry and Trade
  • Transport
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Advisory Services, Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 14.62 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Currency conversion note:
Bank reported 12.5
Converted using 2018-07-23 exchange rate.
Primary Source

Original disclosure @ IFC website

Updated in EWS Aug 2, 2018

Disclosed by Bank Jul 23, 2018


Contribute Information
Can you contribute information about this project?
Contact the EWS Team

Project Description

This project provides financing to the City of Mariupol for the following investments:

  • Procurement of 64 large capacity Euro-5 diesel buses and bus workshop tools and equipment
  • Reconstruction of the bus depot with maintenance and repair workshops
  • Expansion of the traffic planning and management system of the dispatch center

The IFC is also proposing to provide advisory services to support the City's efforts to develop a sustainable urban transport system, including fleet planning, urban transport modeling and planning, and environmental and social risk management.

Investment Description
  • International Finance Corporation (IFC)

The borrower for this project is Mariupol City Council, and the municipal company Mariupol Tram and Trolleybus Unit, the City’s public transportation company, will be the implementation agency. 

Private Actors
  • Mariupol Tram and Trolleybus Unit -- Implementing Company
Contact Information

The City of Mariupol 
Vadym Boichenko 
Mayor 
+38 0629 331 010, +38 0629 331 214 
reception@mariupolrada.gov.ua 
70, Myru Ave. Mariupol, Donetsk Region, Ukraine 
www.mariupolrada.gov.ua 

For local access to project documentation:

Municipal Company MTTU
92, Mykolaivska Street
Mariupol, Donetsk region, 87500, Ukraine
reception.mttu@mariupolrada.gov.ua
+38 0629 334 340         

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/