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

Countries
  • Ukraine
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
Bank Risk Rating
U
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.
Borrower
: Citibank, N.A.
The holder of the loan, grant, or other investment.
Sectors
  • Finance
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
Not Disclosed
When disclosed, the bank did not provide this value. Please review updated project documents for more information.
Primary Source

Original disclosure @ DFC website

Updated in EWS Jan 29, 2021


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

Project 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
  • US International Development Finance Corporation (DFC)
Contact Information

Project contacts not available at the time of disclosure.