Rosmorport

Location:

Russia

Project number:

37140

Business sector:

Transport

Notice type:

Public

Environmental category:

C

Target board date:

30 May 2007

Status:

Complete

PSD disclosed:

01 Feb 2006

Project Description

The proposed project is intended to finance upgrading of auxiliary fleet and refinance the short-term debt.

Transition Impact

The project will support the promotion of tariff reform in ports dues, asset evaluation, and changes in leasing arrangements of the ports infrastructure.

The Client

Federal State Unitary Enterprise “Rosmorport” incorporated in 2003 by the Russian Ministry of Transport to manage and develop port infrastructure on behalf of the State.

EBRD Finance

USD 96 million corporate loan.

Project Cost

USD 150 million.

Environmental Impact

Screened C/1. A corporate environmental audit of Rosmorport is being undertaken. The audit will identify potential environmental issues associated with Rosmorport’s activities, which might include impacts associated with dredging activities, disposal of ballast water, oil spill response plans and compliance with international maritime environmental and safety standards. The investigations will result in a corporate-wide environmental action plan addressing corrective measures and guiding the Company’s operations towards good international practice. This section will be updated as soon as the environmental due diligence has been completed.

Technical Cooperation

None.

 

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

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Text of the PIP

Project Complaint Mechanism (PCM)

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.

Please visit the Project Complaint Mechanism page to find information about how to submit a complaint. The PCM Officer (pcm@ebrd.com) is available to answer any questions you may have regarding the submission of a complaint and criteria for registration and eligibility, in accordance with the PCM Rules of Procedure.