This project is sponsored by Construct Ltd (‘’Construct’’ or the “company”), a leading, family-owned property construction and management business company established in 1991. The proposed loan to Construct of US$ 2 million will finance the development of Tropic, a 3-storey commercial center in Gambia on a 3,200 sq.m site. This center will house a 2,000 sq.m experienced and reputable anchor tenant, several local tenants and a food court, some entertainment areas (645 sq.m of cinemas) and an underground 96-parking lots in addition to 2,050 sq.m. office space (“Tropic” or the “project”). Construction of the commercial center has started in 2015 and is currently 80% complete. The center is expected to be ready during the first semester of 2019. The project is located on a 30-year leased parcel owned by the Gambia Tourism Board in Banjul. The site is set in modified habitat in an urban setting.
Construct Ltd (‘’Construct’’ or the “company”) is a leading, family-owned property construction and management business company established in 1991.
Contact Person: Fara Shams, Managing Director
Company Name: Construct Ltd.
Address: 59, Mamadi Manjang Highway, Kanifing, Serrekunda, The Gambia
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/