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AEF Multi Hauliers (EA) Limited

Sector: Automotive • Location: Kenya

Source: International Finance Corporation (IFC)

Project
Completed

SUMMARY OF PROJECT INFORMATIONProject Name Kenya – Multiple Hauliers (EA) LimitedRegion Sub Saharan AfricaSector InfrastructureProject No 009058Projected Board Date June 30, 1998Company Name Multiple Hauliers (EA) LimitedTechnical Partner and/or Major ShareholdersThe shareholders are Mr. Rajinder Singh Baryan, Mr. Amrik Singh Heer,  and Mr. Tarlochan Singh Heer. Project Cost Includin

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The project “AEF Multi Hauliers (EA) Limited” is an infrastructure initiative in the Automotive sector, located in Kenya. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Description

Description

SUMMARY OF PROJECT INFORMATIONProject Name Kenya – Multiple Hauliers (EA) LimitedRegion Sub Saharan AfricaSector InfrastructureProject No 009058Projected Board Date June 30, 1998Company Name Multiple Hauliers (EA) LimitedTechnical Partner and/or Major ShareholdersThe shareholders are Mr. Rajinder Singh Baryan, Mr. Amrik Singh Heer,  and Mr. Tarlochan Singh Heer. Project Cost Including proposed IFC investment Project cost - US$5 million IFC loan - US$1 millionLocation of project and Description of SiteNairobi’s industrial Area. A four acre leased yard with workshop and offices.Description of Company and Purpose of ProjectOperates a fleet of 96 prime movers with tanker or cargo trailers.  The company is expanding its operations, driven by increasing demand for oil products in Uganda and in the landlocked countries of Rwanda, Burundi and Zaire. The company has contracts with major oil companies for transportation of fuel.Environmental Category and Issues This is an environmental review category B project; principal issues involve: vehicle maintenance, cargo screening, workshop waste disposal, fuel storage, general liquid and solid waste disposal, fire safety and emergency response, CFC-free cold storage, and employee training and safety.  The sponsor has presented plans to address these issues and demonstrate that the proposed project will comply with applicable governmental and World Bank requirements.  MHEA will carry the maintenance of the vehicles in accordance to manufacturers recommendations and will be provided on a monthly basis.  The vehicles will be subject to annual Governmental inspections.  Vehicles air emissions will be controlled by regular calibration of all fuel injection systems by Bosch of Germany.  The loading and unloading of material will be under stringent Shell Uganda Limited and Total Uganda limited safety and environmental regulations and standards.  All transported material will be verified by the customs authorities in Mombassa.  All vehicles will be equipped with fire extinguishers and first aid kits.  Fuel storage tanks will have adequate secondary containment, and will be supervised periodically by experts.  Employees will undergo training in defense driving techniques.  The company has an established emergency and preparedness plan.The Environmental Review Summary is expected to be available from the Public Information center by June 1, 1998. Date SPI sent to PIC May 29, 1998“This Summary of Project Information is prepared and distributed to the public in advance of consideration of the proposed transaction by the Corporation’s Board of Directors.  It is provided for the purpose of enhancing the transparency of IFC’s activities and should not be construed as presuming the outcome of IFC Board consideration.”For Additional Information Contact:  Corporate Relations Unit –Telephone:  (202) 473-7711Facsimile:   (202) 974-4384 Environmental documents for this project are available at http://www.ifc.org and from the World Bank InfoShop (http://www.worldbank.org/html/pic/aboutinfo.html).

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