Al-Jebrini (IFC-41853)

Countries
  • Palestine, West Bank, Gaza
Geographic location where the impacts of the investment may be experienced.
Specific Location
Al-Dahrya
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
Approved
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
B
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Voting Date
Dec 18, 2019
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
Borrower
AL-JEBRINI DAIRY AND FOOD INDUSTRIES COMPANY
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Agriculture and Forestry
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 9.56 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Currency conversion note:
Bank reported 8.6
Converted using 2019-12-18 exchange rate.
Project Cost (USD)
$ 21.23 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Currency conversion note:
Bank reported 19.1
Converted using 2019-12-18 exchange rate.
Bank Documents
Primary Source

Original disclosure @ IFC website

Updated in EWS Jan 9, 2020

Disclosed by Bank Nov 16, 2019

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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

According to bank documents, through the proposed investment, IFC will support the Company’s expansion plan consisting of:

  1. expanding its salad production capacity by establishing a new factory in Al-Dahrya;
  2. constructing warehouses and distribution centers in Ramallah, Nablus and Gaza; and
  3. increasing the capacity of the Company’s biogas facility in Al-Dahrya.

The Project’s salad production facility will be located in Al-Dahrya, a suburban area which is approximately 25km to the south of the City of Hebron in West Bank. The salad production facility will be established on a greenfield site with a total land area of approximately 15,000 sqm. The site was purchased by the Company in 2018. The Project’s distribution centers will be located in Ramallah, Nablus and Gaza.

Investment Description
Here you can find a list of individual development financial institutions that finance the project.

The total cost of the Project is estimated at about EUR 19.1 million.  The proposed IFC investment is an EUR 8.6 million A loan for IFC’s own account.

Private Actors Description
A Private Actor is a non-governmental body or entity that is the borrower or client of a development project, which can include corporations, private equity and banks. This describes the private actors and their roles in relation to the project, when private actor information is disclosed or has been further researched.

Established in 2003 and headquartered in the City of Hebron, West Bank, Al-Jebrini Company for Dairy and Food Industry and its subsidiaries and affiliated companies is one of the largest dairy companies in West Bank and Gaza. The Company produces and distributes a wide range of staple and value add products including yogurt, milk, juice, salads and dips such as hummus, cheese and pudding.

Al-Jebrini is fully owned by three family members (namely, Jihad Jibreini, Ziad Jebrini and Hisham Jebrini), each of whom takes a 33.3% stake, respectively. Its affiliate, Mediterranean Industrial Food Company, is also partially owned by Hussam Jebrini with a 25% stake.


Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

Al-Jebrini Company for Dairy and Food Industry
Husam Jebrini
Executive and Financial Manager
+970-2-2259612
husam@al-jebrini.com
P.O. Box 640, 90100 Hebron, West Bank
https://al-jebrini.com/en 

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/

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How it works