Russian Maritime Sector Support (NDB-russianmaritimesector)

Countries
  • Russia
Where the impacts of the investment may be experienced.
Specific Location
Murmansk
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
  • New Development Bank (NDB)
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
Black Sea Trade and Development Bank
The holder of the loan, grant, or other investment.
Sectors
  • Construction
  • Infrastructure
  • Transport
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, etc.
Investment Amount (USD)
$ 109.37 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Currency conversion note:
Bank reported EUR 100 million
Converted using 2020-04-10 exchange rate.
Project Cost (USD)
$ 372.93 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Currency conversion note:
Bank reported EUR 341 million
Converted using 2020-04-10 exchange rate.
Primary Source

Original disclosure @ NDB website

Updated in EWS Jul 18, 2020


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Project Description

According to the Bank's website, the project provides funding to the Black Sea Trade and Development Bank to finance the enhancing of Russian maritime infrastructure by expanding transshipment capacities of new and existing Russian seaports. The project will finance the constrcution of the Lavna Commercial Port in Murmansk.

Investment Description
  • New Development Bank (NDB)
Private Actors
Contact Information

Not disclosed