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According to bank provided information, the investment involves the provision of a MAD 65.0 million senior unsecured loan to Plastikpack Maroc (PM), a Moroccan manufacturer of plastic packaging. The financing will support the expansion of its current facilities, the acquisition of equipment for production of pharmaceutical packaging, the set-up of a greenfield facility for manufacturing of plastic pallets and crates made from recycled polypropylene, the construction of a new building, in accordance with Building Research Establishment Environmental Assessment Method (BREEAM) standards and a working capital increase.
Private Actor 1 | Private Actor 1 Role | Private Actor 1 Sector | Relation | Private Actor 2 | Private Actor 2 Role | Private Actor 2 Sector |
---|---|---|---|---|---|---|
- | - | - | - | Plastikpack Maroc | Client | - |
Saad Lakhmiri
s.lakhmiri@plastikpack.ma
https://plastikpack.ma/
207-1 PARC |, Sidi Bou Othmane 43303, Morocco
ACCESS TO INFORMATION
You can request information by emailing: accessinfo@ebrd.com or by using this electronic form: https://www.ebrd.com/eform/information-request
ACCOUNTABILITY MECHANISM OF EBRD
The Project Complaint Mechanism (PCM) is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an European Bank for Reconstruction and Development (EBRD)-financed project. If you submit a complaint to the PCM, it may assess compliance with EBRD's own policies and procedures to prevent harm to the environment or communities or it may assist you in resolving the problem that led to the complaint through a dialogue with those implementing the project. Additionally, the PCM has the authority to recommend a project be suspended in the event that harm is imminent.
You can contact the PCM at: pcm@ebrd.com or you can submit a complaint online using an online form at: http://www.ebrd.com/eform/pcm/complaint_form?language=en
You can learn more about the PCM and how to file a complaint at: http://www.ebrd.com/work-with-us/project-finance/project-complaint-mechanism.html