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Strominvest
Sectors
Issues Raised
Project Information
Bank: International Finance Corporation and Multilateral Investment Guarantee Agency
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/MIGA | |
| Loans | 26107 | USD 10.8 million | Planned | IFC/MIGA |
Related Complaints
| International Finance Corporation and Multilateral Investment Guarantee Agency CAO Complaints | IAM | Country | Date Filed | Status |
|---|---|---|---|---|
| Strominvest II-01/Minsk | IFC CAO | Belarus | 24/03/2016 | Closed Without Outputs |
Implementers
| Name | Complaints | Dispute Resolutions | DR Successful | Compliance Reviews | Non-Compliance |
|---|---|---|---|---|---|
| JV Strominvest LLC |