- To meet high standards of environmental, health and safety and to reduce any adverse environmental impact during the construction phase, the complex will adopt the highest Western standards. Noise and dust levels will be kept to a minimum level.
- Construction will be undertaken in accordance with Russian and EU worker health and safety legal requirements and standards.
- Environmental permits have been received from a number of local authorities, including approval from the Ministry of Environment and the State Inspectorate for Health and Epidemiology.
- The development will comply with all local fire, safety and emergency procedures. Sprinklers will be installed throughout according to authorities' requirements.
- The latest developments in installation and safety techniques will be applied to the warehouse complex. Energy conservation measures will form a major part of the project along with the provision of clean air filtration systems. There will be minimal impact on the surrounding area. Other positive environmental features of the development include the following:
- Increased traffic to the warehouse is not expected to create any problems.
- There will be no environmentally damaging materials or substances (asbestos, formaldehyde, oil-cooled transformers etc.) used in the construction.
- The sponsor will provide the Bank with an Annual Environmental Report documenting, among other things, any environmental issues, such as incidences of non-compliance and updating the Bank on environmental initiatives taken by the project.
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Text of the PIP