Translated version of this PSD: Mongolian
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.
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.
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 will provide up to USD 30 million of multicurrency loan.
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.
Finance and Planning director
MCS Coca-Cola Plant, Gachuurt road 104, Amgalan 13260, BZD, 10 khoroo,
Tel: +976-70165555 Mob: +976-88117501 E-mail: email@example.com
For business opportunities or procurement, contact the client company.
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The Project Complaint Mechanism (PCM) is the EBRD's accountability mechanism. It provides an opportunity for an independent review of complaints from individuals and organisations concerning EBRD-financed projects which are alleged to have caused, or are likely to cause, environmental and/or social harm.
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