What is the latest status of the project “Occidental DR”?

The status recorded for “Occidental DR” is completed.

Who are the main government, EPC, and private stakeholders for “Occidental DR”?

Taiyo maps the stakeholders of “Occidental DR”: government bodies (International Finance Corporation (IFC)).

Where can I verify the source and access all details for “Occidental DR”?

This Taiyo project page references International Finance Corporation (IFC) along with the original URL (https://disclosures.ifc.org/project-detail/ERS/21745/occidental-dr). Taiyo standardizes official data into a consistent, searchable project profile.

Occidental DR

Sector: Hotel • Location: Dominican Republic

Source: International Finance Corporation (IFC)

Project

Completed

The project consists of establishing a new hotel company (the Company) using three existing properties fully owned by Occidental in the Dominican Republic ("DR"), refurbishing the facilities of one hotel to re-brand it to a higher standard and upgrading the life and fire safety systems of another hotel. The Company will start operations with 1,316 rooms and a total capital of approximately $126 mi

Project Information

4 Q

The project “Occidental DR” is an infrastructure initiative in the Hotel sector, located in Dominican Republic. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

Sponsoring Agency	Obfuscated Data
Company	Obfuscated Data

Status

Original status	completed
Taiyo status	Obfuscated Data
Taiyo last update	00-00-0000
Available timestamps	00-00-0000
Available timestamp type	Obfuscated Data

Contact

Contact name	Obfuscated Data
Phone	0000000000
Email	ObfuscatedData@email.com
Address	Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data

Description

Description	The project consists of establishing a new hotel company (the Company) using three existing properties fully owned by Occidental in the Dominican Republic ("DR"), refurbishing the facilities of one hotel to re-brand it to a higher standard and upgrading the life and fire safety systems of another hotel. The Company will start operations with 1,316 rooms and a total capital of approximately $126 million. IFC's investment comprises of the following: - an A Loan of up to $10 million for IFC's own account; - a B Loan of up to $40 million for the account of participating banks; and - a C Loan of up to $20 million. The A and B loans will be provided directly to the Company while the C loan will be extended to Occidental Hotels Management (OHM), the ultimate holding company of the Occidental Group. By investing in OHM, IFC will provide Occidental with the funds necessary to capitalize the project and free the project assets from all existing mortgages.
Original sub-sector	Obfuscated
Original Currency	USD
Original budget	000000000000000
Procurement method	Obfuscated Data
Budget	000000000000000

Location

Region	Obfuscated
Country	Obfuscated
State	Obfuscated Data
County	Obfuscated
Location	Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data

Source

Source reliability	High
Data quality score	100%
Source	Obfuscated Data
URL	obfuscated_data,obfuscateddata.com

More Details

Project Type	Obfuscated Data
Article Published Date	Obfuscated Data

Occidental DR

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