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SEF Nabahin Industry and Trading Company

Sector: Automotive • Location: West Bank and Gaza

Source: International Finance Corporation (IFC)

Project
Active

Summary Of Project Information (SPI)Project NameWest Bank & Gaza - Nabahin     RegionCentral Asia, Middle East & North AfridaSectorProject No008239Projected Board DateJune 10, 1997Company NameNabahin Industry & Trading CompanyTechnical Partner and/or Major Shareholders       The Nagahin FamilyProject Cost Including proposed IFC investment A loan of US$0.65 million. The total project cost is U

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The project “SEF Nabahin Industry and Trading Company” is an infrastructure initiative in the Automotive sector, located in West Bank and Gaza. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Description

Description

Summary Of Project Information (SPI)Project NameWest Bank & Gaza - Nabahin     RegionCentral Asia, Middle East & North AfridaSectorProject No008239Projected Board DateJune 10, 1997Company NameNabahin Industry & Trading CompanyTechnical Partner and/or Major Shareholders       The Nagahin FamilyProject Cost Including proposed IFC investment A loan of US$0.65 million. The total project cost is US$1.7 million.Location of project and Description of site The re-treading tires factory is in the Gaza StripDescription of Company and Purpose of Project The aim of the investment is to help expand the capacity of the factory. The expansion would allow it to meet increasing demand, lower production costs, broaden its line of products and develop its distribution network.Environmental Category and Issues This proposed project is classified as a category B project according to IFC’s environmental review procedure. Environmental issues which were examined included air emissions and liquid effluents, solid waste management, and general worker health and safety. The facility produces only minor air and water emissions. Solid wastes are primarily rubber shavings from the processed tires, which are recycled as an additive in asphalt for road paving or as low grade rubber, or are landfilled. The sponsor has installed appropriate fire detection and protection equpment and will operate the facility in conformance with World Bank health and safety guidelines     The is May 15, 1997 from the Public Information Center.Date SPI sent to PIC May 9, 1997For Additional Information contact: Corporate Relations Unit -telephone: (202) 473-7711facsimile: (202) 974-4384Environmental 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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