devinitorg/iati-policy-markers huggingface dataset:
SP Energy Egypt S.A.E table, .k-table{ border-collapse:collapse; width:100%; table-layout:fixed; margin-bottom: 15px;} .k-table, .k-table td, table, table td {outline: 0;border: 1px solid #000; } .k-table td, table td { padding: 5px; }   The project is a greenfield 50 MW photovoltaic (PV) plant being developed by Shapoorji Energy (Egypt) SAE (the Project Company) which is a subsidiary of Shapoorji Pallonji Infrastructure Capita Co. PVT Limited (SPInfra), part of the Shapporji Pallonji Group (SP Group).     Sterling and Wilson Pvt. Limited will act as the project Engineering, Procurement, and Construction (EPC) Contractor, and will undertake the role of the Operations and Maintenance for this project.  Sterling and Wilson Pvt. Limiteds EPC Division started working in the solar industry in 2010, and is now providing Solar EPC solution in India with installed capacity of more than 1GW.  It has developed solar projects worldwide including a 90MW project in South Africa, and 28.6MW and 22.3MW projects in the Philippines.  It has a pipeline of 1,300MW projects including 180MW in Egypt. - Contribute to ensuring energy security in Egypt: The Project is expected to support the construction of around 50MW of solar projects.
- Development of the Egyptian Renewable Energy Sector: The Project is expected to help play a catalytic role in starting solar power development in the country.
- Employment: The Project will have a positive impact on economic development due to increased power generation in Egypt, and will support direct and indirect jobs creation during the construction and operations.
- Climate Change: The Project will support climate related mitigation impact by providing clean, zero emissions electricity and avoid greenhouse gas emissions and thus contribute to addressing global climate change concerns
Alcazar Solar 4 The project is a greenfield 50 MW photovoltaic (PV) plant being developed by Alcazar Energy (the sponsor). The sponsor will own the project company Aten Solar Energy S.A.E.. The Engineering, Procurement & Construction (EPC) Contractor will be an EPC joint venture (EPC JV) between TSK and Enviromena, who will also undertake the role of the Operations and Maintenance (O&M) contractor for this project. Environmena was established in Abu Dhabi in 2007, as the first downstream solar company in the Middle East and North Africa. TSK was established as a public company in 1986 and began working in the solar PV field in 2006. It has participated in projects with a capacity of 400MW in PV. - Contribute to addressing power shortage: The Project is expected to support the construction of around 50 MW of solar projects.
  - Development of the Egyptian Renewable Energy Sector: The Project is expected to help play a catalytic role in starting solar power development in the country.
  - Employment: The Project will help generate direct and indirect employment opportunities during construction and operation.
  - Climate Change: The Project will help avoid GHG emissions and thus contribute to addressing global climate change concerns.
Omar Effendi Omar Effendi Stores Limited (Omar Effendi or the company) was established in 1856 and is Egypts largest department store with 82 branches and 68 warehouses. The company has been privatized by the Government of Egypt (GoE) through an international bidding process for 90 % of its shareholding. The GoEs objective is to ensure the companys viability under the stewardship of the new owners.   Anwal United Trading Company Limited of Saudi Arabia (Anwal) and its shareholders of Saudi Arabia (the joint sponsors) were successful in their bid to purchase the company.  The purchase of 90% of the company was completed in February 2007. The GoE maintains a 10% minority ownership.   The companys investment plans include refurbishment and infrastructure upgrade of the Omar Effendi chain of retail department stores. The proposed IFC investment would significantly improve the standards in Egypts retail sector, which is still mainly characterized by outdated merchandising layouts in outlets in the main shopping areas. The project will:  - Promote SME and private sector development:   Omar Effendis increased sales levels will positively impact a wide range of local textiles and other general merchandise manufacturers and suppliers. The project will facilitate expansion and improvement of quality standards through better specification and designs, wider selection of products, and increased, steady demand.    - Upgrade business practices:   The successful turnaround of Omar Effendis operations will have a catalytic effect on developing and improving the quality of local suppliers and producers.  The sponsors dual aim of increasing local sourcing while improving overall product quality standards will foster an improvement in their suppliers quality which will enhance overall supplier improvement - Provide with a wide range of good quality competitively priced merchandise:  By expanding its range of products ranging from apparel, footwear, health & beauty, home textiles and through economies of scale, Omar Effendi will build on its existing bargaining power with suppliers. This will enable the company to reduce prices which will in turn benefit consumers.  Operating costs will reduce due to improved MIS systems that will allow management to track consumer preferences, improve inventory management while at the same time improving service quality.  The increased selection will enhance consumers ability to use Omar Effendi as a one-stop shop which will result in time savings and increased consumer satisfaction.    - Improve employment quality:  By providing training in modern retail and marketing techniques, the Project will help improve the skills of middle management and shop floor staff, thereby improving their job satisfaction and making staff more employable. It will also encourage good labor practices consistent with international standards to ensure fair treatment, non-discrimination and equal opportunity of employees.
Camel Ride Project Integrated Diagnostics Holding Plc. (IDH or the Company) is a leading diagnostic service provider in the Middle East and Africa (MEA) region offering pathology and radiology services in Egypt, Jordan, Sudan and Nigeria. The Company has a 40-year track record and is a trusted and quality provider of diagnostics services with internationally recognized accreditations (ISO, CAP and JCI). IDH offers over 2,000 diagnostic tests under 7 key brands with strong reputation in underserved markets. As of September 30, 2020, IDH has a network of 471 branches and employs over 5,500 employees across its geographic footprint. IDH is a Jersey registered public limited company listed on the London Stock Exchange (LSE) since May 2015. IDHs investment plans include expansion plans in Egypt and new acquisitions and greenfield investments in other emerging markets as well as achieving a dual listing of its shares on the Egyptian Stock Exchange (EGX) (the Project). The proposed Project has an Anticipated Impact Measurement and Monitoring (AIMM) rating of Good, based on an AIMM score of 43. On an unadjusted basis (i.e., without likelihood factor), the full potential AIMM score could reach 64. The most significant, expected Project-level outcome is the benefit to patients from the provision of high-quality healthcare. Beyond the Project, IFC anticipates that the investment has the potential to promote greater inclusiveness in Egypt's labor market through demonstration and capacity-building channels.
Nile Suez Project The proposed transaction supports Mr. Nikhil Poddar (Mr. Poddar or the sponsor) in establishing Nile Suez Spinning and Weaving SAE (Nile Suez or the company).  Nile Suez is currently setting up a greenfield integrated weaving, finishing, dyeing, and cut-and-stitch operation for bed sheeting and towels in Sadat Industrial City, Egypt. The company will leverage on the sponsors existing trading operation to supply its products to the US and European markets. - Supporting the modernization of the textile section: 

The proposed project will contribute to Egypts effort in transitioning from a supplier of raw material to an international textile manufacturing center. The textile sector in Egypt is majority controlled by state owned companies which are poorly managed with outdated technologies. The project will transfer management expertise, technological know-how, and a proven quality control system to Egypt and help support the modernization of the sector.  

- Domestic value addition:

Currently, Egypt exports the majority of its production of cotton. The project will add value to this raw material through further processing, thus increasing government tax revenue and contributing to export earnings for Egypt. In addition, the project will enhance the skills of the local workforce through training and management and technology transfer.

- Employment generation: 

Egypts main economic challenge is to generate enough jobs to absorb its large and growing labor force. By creating around 2400 jobs in Menoufia, Egypts most populated governorate where the plant will be located, the project will help address Egypts unemployment problems, especially outside of the capital. 

- Setting environment and social standards:

The project will help set high standard for environment, social, safety and labor practices in the countrys textile manufacturing industry in which these aspects in the global supply chain are increasingly scrutinized by the customers.

Key development impacts of the project that will be tracked during supervision include the following:
- Benefits to the local economy, to be measured by local purchases of raw materials, energy and other services;

- Benefits to the employees, to be measured by the number of direct jobs created, wages, and training costs;

- Modernization of the textile sector, to be measured by the transfer to new technology and production skills and techniques;

- Setting environment and social standards, to be measured by compliance with the WBG Environment, Social, Health, and Safety standards.

In addition, the following key financial and economic performance indicators will be tracked during supervision:

- Financial performance: The companys sales, net income, return on invested capital;  and
- Economic performance: Operating income, economic return on invested capital, and taxes paid to the government.
Sonker Refi The proposed investment is a debt facility to Sonker Bunkering Company (Sonker or the Project Company), established by the Egyptian Amiral Petroleum Services S.A.E (Amiral or the Sponsor) to refinance its Liquid Bulk Terminal (LBT) in the Sokhna Port on the Red Sea in Egypt (the Project).  The Project is a modern, state-of-the-art facility completed in 2020 that allows Egypt to reduce its cost of importation of vital products such as Liquified Petroleum Gas (LPG), a predominant fuel for cooking in Egypt, and Gasoil used for transportation purposes. The Project has an AIMM rating of Good, based on an AIMM score of 53.  On an unadjusted basis (i.e., without the likelihood factor), the full potential AIMM score could reach 64.  The main project outcome is driven by the Stakeholder effect via increased port handling and storage of petroleum products in Egypt namely LPG and Gasoil, for domestic and commercial consumption, and Ammonia for exports.  At the market level, IFC anticipates this refinancing to enhance sector resilience through improved service offering via addition of alternative gateway infrastructure (the LBT).
Egypt Trust Summary Of Project Information (SPI)       Project Name    Egypt-The Egypt Trust            Region    Middle East and North Africa        Sector       Project No007650   Projected Board DateJuly 22, 1996   Company NameThe Egypt Trust   Technical Partner and/or Major Shareholders    	PRIMARY SPONSORS:  International:  Lazard Frères Asset Management. Local:  Egypt - National Bank of Egypt.    Project Cost Including proposed IFC investment    	US$50 million, including an IFC equity investment of the lesser of 10% or US$5 million in the Fund.  IFC will also serve as structuring agent to the Fund.    Location of project and Description of site    	New York, Cairo.    Description of Company and Purpose of Project    	The proposed project involves the establishment of an investment fund for Egypt, The Egypt Trust (ET, the Fund).  The objective of the Fund is to realize long-term capital appreciation through investment primarily in listed equity securities of Egyptian companies and, to a limited extent, in shares of companies that are in the process of securing a listing.  ET will be established as a closed-end investment company, incorporated in Luxembourg and listed in London, Luxembourg and, subsequently, Cairo.  The Fund, with a minimum capital of US$50 million, will be managed by Lazard Frères Asset Management, with local support provided by National Bank of Egypt, the countrys largest commercial bank.  SBC Warburg and Lazard Capital Markets will serve as the lead placing agents.    Environmental Category and Issues    	This is a Category C project according to IFCs Environmental Unit, needing no further environmental review.       Date SPI sent to PIC     June 24, 1996      For Additional Information contact:  Corporate Relations Unit -   telephone: (202) 473-7711   facsimile: (202) 676-0365
CIRA Project Cairo for Investment & Real Estate Development, SAE (CIRA or the Company) is a leading K-12 education business based in Cairo and currently operates 16 schools in Egypt, primarily under the brand name of Futures Schools.  CIRA was set up in 1992 and listed on Cairo Stock Exchange in 1998 and currently has over 13,000 students.    With a view to expanding it reach in Egypt from greater Cairo to other cities, CIRA is currently undertaking an expansion program over the next 5 years that entails setting up 9 new schools in Egypt with additional student capacity of 14,980 students (the Project). - Increase access to high quality education services in the Egypt:  The Project will increase capacity of good quality primary and secondary education and improve its access, as CIRA is proposing to expand to upper Egypt and other frontier regions in the country.    - Improve quality and operational performance:  IFC''s investment in CIRA will improve its quality of education through sharing of IFC global knowledge of education business.   - Increase employment opportunities, especially for women: The Project will increase employment opportunities for skilled teachers to find good employment opportunities within their country. Traditionally, a greater proportion of the K-12 teachers are women, hence this may provide attractive employment opportunities for women.
Suez Gulf Project The project consists of the development, construction and operation of a 682.5 MW steam generation plant which will be fueled with natural gas with residual fuel oil (mazout) as backup fuel.  The energy produced will be sold to the Egyptian Electricity Holding Company (EEHC, the national utility) on the basis of a 20-year Power Purchase Agreement. Commercial operation is expected in early 2003.  The project is in line with the Government of Egypts policy of encouraging the private sector to build, own and operate power generation plants.  Being one of the first Build-Own-Operate-Transfer (BOOT) projects in the country, it will further Egypt''s goal of liberalizing infrastructure sectors, including power, and will serve as a model for future private power projects in the region.  Furthermore, the project will provide a long-term source of low cost power for Egypt''s consumers and industries.  Given the relatively large size of the needed long-term financing for this project, IFC has a key role to play in mobilizing the long-term maturity debt that the project requires.
LCP Fund II Cooperatief U.A. The proposed project is an equity investment of up to US$25 million in LCP Fund II, L.P. (Lorax II or the Fund), a closed-end private equity fund targeting to raise US$250 million to invest in mid-cap companies with strong management teams and growth potential in Egypt and up to 20% in the other countries in the Middle East and North Africa. Project Outcomes:
- Stakeholders - Access to growth capital for Fund investees: The Fund will provide access to growth capital by investing between US$15-50 million in 8-10 companies in Egypt. 
- Stakeholders - Increased investee growth: The Fund is expected to add value to its investee companies through a focus on operational value-add and improvement in governance and reporting.

Contribution to Market Creation
- Competitiveness: The Project is expected to increase private equity activity in Egypt.
Lekela EG Wind 1 The project consists of the construction, operation and maintenance of a 250 MW wind farm in Egypt's Gulf of Suez area (the Project). The Project will be an Independent Power Producer, generating an average of 1120 GWh annually for sale to the Egyptian Electricity Transmission Company (EETC) under a 20-year Power Purchase Agreement. Turbine supplier Senvion will be the Engineering, Procurement and Construction and the equipment Operations and Maintenance contractor. Construction is expected to begin in March 2019 and operations two years later. The Project is expected to have a high development impact as it will (i) further enhance Egypt's power system reliability by adding ca. 1120 GWh of generation capacity per annum; (ii) diversify the country's fuel mix and generate renewable energy capacity; and (iii) reduce Green House Gas ("GHG") emissions and displace ca. 1.2 million tons of carbon dioxide per annum, a key contributor to Egypt's Paris Agreement commitments.
NBK - Egypt The Project involves a senior loan of up to US$50 million supported by a line under the Global Trade Finance Program (GTFP) to National Bank of Kuwait Egypt (NBKE or the Bank) to target medium enterprises and Sustainable Energy Finance (SEF). NBKE is among the top 10 private sector commercial banks operating in Egypt with total assets of US$4.4 billion as of June 2015. The Bank has been established in 1980 and is listed on the Egyptian Stock Exchange (EGX) since September 1994. NBKE provides conventional and Islamic commercial banking services including corporate finance and investment advisory on mergers and acquisitions, initial public offering and underwriting; conventional and Islamic asset management services including fund, wealth and portfolio management. The project is expected to have the following development impact:    (i) Strengthening the banking sector in Egypt by providing long term foreign currency financing (FCY) funding, which is not readily available in the market. (ii) Supporting the Bank to increase its reach to medium enterprises; a segment critical to the Egyptian economy that is chronically underserved.  (iii) Supporting the Bank in incorporating SEF as part of its product offering for both corporates and medium enterprises.
Pasabahce Egypt Pasabahçe Egypt Glass Manufacturing S.A.E. (the Company or Pasabahce Egypt) is a glassware company incorporated in Egypt following the acquisition of a local glassware manufacturer in 2017. The proposed IFC investment is up to US$30 million to support (i) the renovation and upgrade of existing plant and furnace including a cold repair and (ii) working capital and refinancing needs of the plant. (the Project). Employment Creation and Skill Transfer: The Project is expected to create more than 300 direct jobs and 100 indirect jobs in Egypt. The Project will also enable skill development of the local workforce through Pasabahce's transfer of its global know-how and labor standards. 
Increased Economic Returns: The Project will promote Egypt's export activities and foreign exchange generation through increased production levels and export-oriented sales.
Improved overall standards: The Project is expected to have a positive impact on the environment given improved energy and cost efficiency as well as cleaner production that is envisaged from renovation investments. The Project will also contribute to the improvement of existing production thanks to Pasabahce's transfer and implementation of modern production methods which is expected to result in higher value-added products.
Andalusia Hospitals The project consists of financing the expansion in Egypt of Andalusia Group (Andalusia or the Group).  Andalusia is a hospital and healthcare company established in 1984 with hospital operations in Jeddah, Saudi Arabia and Alexandria, Egypt.  The company intends to expand its operations in Alexandria, enter the Cairo market, and establish a nursing academy to address the chronic shortage of nurses in the region. The expansion of Andalusias services in Egypt will contribute to:  - expanding access to healthcare Egypt, which is experiencing increasing levels of demand;  - relieve some of the growing burden currently placed on the public health;  - offering increased employment opportunities to local healthcare professionals, and others in a superior healthcare environment;  - providing a benchmark of service quality that will potentially raise the general standards of healthcare elsewhere in each country; and -  expand the supply of qualified nursing professionals in Egypt.
Abydos Solar IPP The project consists of the development, financing, construction, operation and maintenance of a 500MW solar pv power plant in Aswan Governate, Egypt, under the terms of a 25-year Power Purchase Agreement with the Egypt Electricity Transmission Company, fully guaranteed by Egypts Ministry of Finance. The Project promises strong development impact in Egypt as it will (i) expand solar capacity to generate more efficient and environmentally friendly sources of energy and displace inefficient power generation sources; (ii) improves affordability of energy, lowering the average cost of electricity generation; and (iii) enhance the power sector resilience by diversifying the countrys power generation mix.
ALGEBRA VENTURES I COÖPERATIEF U.A. The proposed project consists of an equity investment of up to US$10 million (not to exceed 20% of total capital commitments) in Algebra Ventures Fund Coop A.V. (the Fund, or Algebra). The Fund will be incorporated as a closed-end venture capital fund in the Netherlands with an expected final size of US$50 million. Algebra will make investments in technology and technology-enabled startups mainly in Egypt and in other countries in the Middle East and North Africa (MENA) region (the Target Region). (i) Access to Finance: The Fund will focus on early stage startups in Egypt, a market that has traditionally been underserved by investors, particularly for startups requiring series A and series B funding. While Egyptian startups have recently started to experience a growing interest from accelerator funds and angel investors, they do not have enough access to Series A/B/C capital which cause many of them to wind down due to lack of funding.
(ii) Private Sector Development: The Fund Manager's financial, technical, and operational skills will help the Fund's portfolio companies grow sales and revenues, achieve and increase profitability, and access additional capital through subsequent funding rounds. The Fund will also help support technology and technology enabled start-ups and entrepreneurship in Egypt.