MCS Coca-Cola Extension

Overview
Project Summary Document
Environmental and Social Documentation
Procurement
Complaints

Project ID 47897

Status Complete

Location

Mongolia

Business Sector

Food and Agribusiness

Notice Type

Private

Project timeline

Exploratory
Passed Concept Review
Passed Structure Review
Passed Final Review
Board Approved
Signed
Implementing
Completed

Project ID 47897

Status Complete

Location

Mongolia

Business Sector

Food and Agribusiness

Notice Type

Private

Environmental Category

Approval Date

16 Sep 2015

Disclosure date

14 Aug 2015

As per section 1.4.2 (iii) of the Directive on Access to Information: "For Projects approved by Bank management where the Board of Directors has delegated the approval authority, the PSD shall be disclosed at the start of the relevant no-objection notification period to a member country of the Bank in accordance with Article 13 (iii) of the Agreement Establishing the EBRD."

Translated version of this PSD: Mongolian

Project Description

The EBRD is considering a senior secured long-term loan of up to USD 30 million to be provided to MCS Coca-Cola (the “Company” or “MCS CC”) for financing of the Company’s capex program including investments in glass and hot fill bottling lines as well as restructuring the Company’s balance sheet.

Transition Impact

The Project’s transition impact will be derived from market expansion through development of distribution in remote regions, and setting standards of corporate governance and business conduct through energy efficiency improvements.

The Client

MCS Coca-Cola is one of the leading soft drinks producers in Mongolia and is fully owned subsidiary of MCS Holding, one of the largest business groups in Mongolia with activities spanning across beverages, telecommunications, construction, textiles and mining.

EBRD Finance

EBRD will provide up to USD 30 million of multicurrency loan.

Project Cost

USD 37 million

Environmental and social categorisation, impact, and mitigation

Categorised B (2014 ESP). The potential EHS risks associated with the provision of a new hot filling line and a glass bottling line are well understood by the company and can be managed with the existing management systems and resources of the company. The ESD site visit and interviews with site personnel verified that the risks associated with this project are not significant and are being managed adequately. The site operates under guidance from Coca-Cola Corporate, is implementing numerous internationally certified management systems covering EHS, food safety, quality etc. The proposed project will not require an enlarged physical footprint of the site. The project will need to provide annual reports, including information on resource efficiency (covering water and power use). Due to the comprehensive management of site issues, there is no ESAP required on this project.

Technical Cooperation

None.

Company Contact

Tsedendamba KHANDAA

Finance and Planning director

MCS Coca-Cola

MCS Coca-Cola Plant, Gachuurt road 104, Amgalan 13260, BZD, 10 khoroo,
Ulaanbaatar, Mongolia

Tel: +976-70165555 Mob: +976-88117501 E-mail: khandaa.ts@mcscocacola.mn

Transition impact

ETI Score:60

PSD last updated

15 Mar 2019

Business opportunities

For business opportunities or procurement, contact the client company.

For state-sector projects, visit EBRD Procurement: Tel: +44 20 7338 6794
Email: procurement@ebrd.com

General enquiries

EBRD project enquiries not related to procurement:
Tel: +44 20 7338 7168
Email: projectenquiries@ebrd.com

Public Information Policy (PIP)

The PIP sets out how the EBRD discloses information and consults with its stakeholders so as to promote better awareness and understanding of its strategies, policies and operations. Please visit the Public Information Policy page below to find out how to request a Public Sector Board Report.
Text of the PIP

Environmental and Social Documentation is not available for this project.

Selected procurement notices related to this project may be shown below. Further procurement opportunities related to this and other projects, if available, maybe be viewed in the EBRD Procurement Portal.

The EBRD's Environmental and Social Policy (ESP), Access to Information policy (AIP) and Project Accountability Policy (PAP) enable sound and sustainable development in its projects. The Independent Project Accountability Mechanism (IPAM) deals with complaints about environmental, social and disclosure matters related to the Bank’s investments.

No complaints about this project have been made so far.

Our story

How we invest in changing lives

What we offer for businesses

Search