SEF Complexo Turistico Oasis de Xai-Xai, Lda.

completed

2 SUMMARY OF PROJECT INFORMATIONProject Name Mozambique-Complexo Turístico Oásis de Xai-Xai, LimitadaRegion Sub-Saharan AfricaSector TourismProject No: 007881Projected Board Date: June 19, 1997Company Name: Complexo Turístico Oásis de Xai-Xai, Limitada (CTOX)Technical Partner and/or Major Shareholders: The project is owned by Complexo Turístico Oasis de Xai-Xai, Limitada, a Mozambican company. Its shareholders are Mr. Lars Anderson, a Swedish citizen, and three Mozambican citizens: Mr. Salamão Mambo, Mr. Guilherme Mambo and Mr. Gabriel Mambo.Project Cost Including Proposed IFC Investment: The estimated project cost is US$1,800,000 and IFC is requested to provide a loan of US$720,000.Location Of Project and Description Of Site: The project is located in the district of Pomene, Gaza Province, about 220 km north of Maputo. The project area is 4 ha.Description Of Company and Purpose Of Project: CTOX is a recently formed company for the purpose of implementing the project. The company plans to build a lodge complex consisting of 32 units and 5 self catering, two-room chalets (a total of 37 keys), a 100 seat restaurant, conference facility and a games room. The main emphasis will be on beach and water sports.Environmental Category and Issues: This is an environmental review category B project. Environmental, health and safety issues analyzed include site selection criteria; solid and liquid waste disposal; impact of construction and operations on the surrounding ecosystem, with special emphasis on the marine environment; impacts on local communities; safety issues pertaining to water sports and other recreational activities; power and water supply; CFC-free cold storage; employee training and safety; and fire protection and emergency response. The sponsors submitted an environmental management plan, which addressed key issues. The project is located in a designated resort area, apart from the local communities. Liquid wastes will drain to a series of septic tanks and soakaways. Solid wastes will be collected and disposed by a private local company. Employees will receive training in the skills required, as well as fire safety and response. Fire protection will be handled with extinguishers and smoke detectors. IFC will ensure ongoing compliance with World Bank environmental, health and safety policies and guidelines during the life of the project by evaluating monitoring reports submitted annually to IFC by CTOX and by conducting periodic supervisions. The Environmental Review Summary (ERS)is expected to be submitted to the PIC on or about May 1, 1997.Date SPI Sent To PIC: April 29 1997For additional information contact: Corporate Relations Unit - telephone: (202) 473-7711 - facsimile: (202) 974-4384.L:\CAF\SEF\MOZ\CTOXSPI.DOCApril 22, 1997 12:34 PMEnvironmental 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).