Environmental and Social Impact Assessment for Myronivsky Hliboproduct (MHP (DFC-MHPPOULTRY)

Countries
  • Ukraine
Geographic location where the impacts of the investment may be experienced.
Specific Location
Vinnytsia Oblast
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
  • US International Development Finance Corporation (DFC)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Proposed
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
U
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."
Borrower
: Citibank, N.A.
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Finance
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
Not Disclosed
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.
Bank Documents
Primary Source

Original disclosure @ DFC website

Updated in EWS Jan 29, 2021

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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 the bank document, "The Project involves the expansion of MHP’s Vinnytsia Poultry Farm. MHP Group is a vertically integrated agribusiness and food company undertaking a wide range of activities from grain production, to animal rearing and to meat production. Proceeds from the OPIC guaranteed loan will be used to construct nine new rearing complexes, a new wastewater treatment plant, a 17 km by-pass road, and completion of construction and purchase of equipment for the existing hatchery, fodder plant, slaughterhouse, and rendering facilities.

The Project will include land acquisition for the nine new rearing complexes. MHP will lease land from private landowners. The land acquisition may result in economic displacement, the extent of which is not yet known.

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

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.

Project contacts not available at the time of disclosure.

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