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Project summary document

Project name:Rosmorport
Country:Russia
Project number:37140
Business sector:Transport
Public/Private:Public
Environmental category:C
Board date:30 May 2007
Status:Signed
Date PSD disclosed:
Date PSD updated:
1 February 2007
Local language translation:Перевод на русский 
Date translation disclosed:5 March 2007
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Project description
and objectives:

The proposed project is intended to finance upgrading of auxiliary fleet and refinance the short-term debt.

Transition impact:

The project will support the promotion of tariff reform in ports dues, asset evaluation, and changes in leasing arrangements of the ports infrastructure. 

The client:

Federal State Unitary Enterprise “Rosmorport” incorporated in 2003 by the Russian Ministry of Transport to manage and develop port infrastructure on behalf of the State.

EBRD finance:

USD 96 million corporate loan.

Total project cost:

USD 150 million.

Environmental impact:

Screened C/1. A corporate environmental audit of Rosmorport is being undertaken. The audit will identify potential environmental issues associated with Rosmorport’s activities, which might include impacts associated with dredging activities, disposal of ballast water, oil spill response plans and compliance with international maritime environmental and safety standards. The investigations will result in a corporate-wide environmental action plan addressing corrective measures and guiding the Company’s operations towards good international practice. This section will be updated as soon as the environmental due diligence has been completed.

Technical
cooperation:

None.

For consultant opportunities for projects financed by technical cooperation funds, visit procurement of consultants.

EBRD contact:

Zhanar Rymzhanova, Operation Leader: rymzhanz@ebrd.com

Procurement or tendering
opportunities:

Visit EBRD Procurement
Enquiries: Tel: +44 20 7338 6794; Fax: +44 20 7338 7472, Email: procurement@ebrd.com

General enquiries:

EBRD project enquiries not related to procurement:
Tel: +44 20 7338 7168; Fax: +44 20 7338 7380
Email: projectenquiries@ebrd.com


Project Summary Documents are created before consideration by the EBRD Board of Directors. Details of a project may change following disclosure of a Project Summary Document. Project Summary Documents cannot be considered to represent official EBRD policy.
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