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Complaint > Interagua-01/Guayaquil

Filing: English Part 2

...financial aspect, the Masterplan omits explaining how they plan to recover the investment in works of infrastructure. The plans estimate current costs of all the works to be constructed and the document includes an interest rate of 9%, designed to show the effects of inflation on 23 investment values. This rate is not realistic. It gives the impression that Interagua has planned for more substantial investments than they will really accomplish. We are...
IFC Compliance Advisor/Ombudsman - Ecuador