Azerbaijan: AZE: GARADAGH CEMENT EXPANSION AND ENERGY EFFICIENCY PROJECT

Nonsovereign Project | 43931-014 Status: Closed

Summary

AZE: GARADAGH CEMENT EXPANSION AND ENERGY EFFICIENCY PROJECT

Latest Project Documents


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Project Name AZE: GARADAGH CEMENT EXPANSION AND ENERGY EFFICIENCY PROJECT
Project Number 43931-014
Borrower/Company GARADAGH CEMENT OJSC
Country Azerbaijan
Location Baku, Azerbaijan
Approval Number 7313/2637
Type or Modality of Assistance
7313 Loan EUR 27.00 million Closed
Strategic Agendas Inclusive economic growth
Drivers of Change Private sector development
Sector / Subsector

Energy - Energy efficiency and conservation

Gender Equity and Mainstreaming
Responsible ADB Department Private Sector Operations Department
Responsible ADB Division Infrastructure Finance Division 1
Responsible ADB Officer Christine F. Infantado
Project Sponsor(s) Holcim Limited
Description AZE: GARADAGH CEMENT EXPANSION AND ENERGY EFFICIENCY PROJECT
Objectives and Scope
Linkage to Country/Regional Strategy The Project is consistent with ADB s Country Strategy and Program (CSP) for Azerbaijan (last updated in 2006), which emphasizes promoting economic growth outside of the oil and gas sector . The Project, through its supply of crucial cement products to large local contractors, mainly in transportation, commercial development and urban development, also supports the CSP's emphasis on strengthening the transport and urban development sectors. The CSP also aims to achieve close cooperation with EBRD in Azerbaijan. This is ADB's first non-sovereign infrastructure financing in Azerbaijan.

Safeguard Categories

Environment A
Involuntary Resettlement C
Indigenous Peoples C

Summary of Environmental and Social Aspects

Environmental Aspects
Involuntary Resettlement
Indigenous Peoples
Stakeholder Communication, Participation, and Consultation

Timetable for assistance design, processing and implementation

Concept Clearance 21 Sep 2009
Due Diligence 12 Feb 2010
Credit Committee Meeting 05 Apr 2010
Approval 01 Jun 2010
PDS Creation Date 24 Feb 2010
Last PDS Update 21 Sep 2013

Safeguard Documents See also: Safeguards

Safeguard documents provided at the time of project/facility approval may also be found in the list of linked documents provided with the Report and Recommendation of the President.

Evaluation Documents See also: Independent Evaluation

None currently available.

Related Publications

None currently available.


The Public Communications Policy (PCP) establishes the disclosure requirements for documents and information ADB produces or requires to be produced in its operations to facilitate stakeholder participation in ADB's decision-making. For more information, refer to the Safeguard Policy Statement, Operations Manual F1, and Operations Manual L3.

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