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Strominvest

Sectors

Manufacturing

Description:

Projects in this Sector: 45

Browse Projects

Issues Raised

Displacement (physical and/or economic)

Description:

Projects with this Issue Raised: 482

Browse Projects

Project Information

Investment ID: 31993, 26107

Bank: IFC/MIGA

Environmental Category: B

Country: Belarus

Region: Europe and Central Asia

Approval Date: None

Investment Types: Loans

Total Project Cost: No recorded data on this

Total Complaints: 1

Description

Strominvest is a Belarusian construction company focused on developing commercial property and affordable housing projects in Belarus. Strominvest was initially established as a construction Company in 1993 and has been an IFC Client since 2008. IFCs first project (#26107) with Strominvest was for the development of a commercial real-estate building in Minsk and was approved in June 2008. While the second project (#31993) approved in October 2015 is a corporate loan of US$17 million for development of affordable housing projects in Belarus.

Investments

Investment Type ID Amount Status Bank Client
Loans 31993 USD 16.8 million Planned IFC
Loans 26107 USD 10.8 million Planned IFC

Related Complaints

Implementers

Name Complaints Dispute Resolutions DR Successful Compliance Reviews Non-Compliance
JV Strominvest LLC