SEF Kazakhstan Construction Materials Company Revised Summary of Project Information (SPI)       Project Name   				Kazakstan-Kazakstan Construction Company     Region   					Central Asia, Middle East and North Africa     Sector	   				Manufacturing     Project No.	   			008940     Project Board Date   			June 12, 1998     Company Name   				Kazakstan Construction Company (KCC)      Major Shareholders      Mr   .   Ermek Mussin    , through three existing companies belonging to him; Ermin Plastics, Ermin Stroy and Ermin Profile.  The assets of Ermin Plastics and Ermin Stroy will be transferred to KCC the paid-up capital of which will be US$1.4 million.        Project Cost Including Proposed IFC investment     The total project cost is $2.6 million. IFCs investment is expected to be up to $1.2million in the form of a loan.     Location of the Project and Description of the Site     The project will be located in Kapchagai, a city about 50km from Almaty, in an existing working bay measuring 10,000 square meters.  The project facilities include a four kilometer railway siding, storage bays for cement, sand and aggregate and 5 hectares of land     Description of the Company and Purpose of the Project     KCC is a limited partnership company which was registered in February 1998 to take over the manufacture of concrete pavement bricks, concrete road slabs and concrete hollow blocks (generically named as concrete masonry units) currently being manufactured by two of the Sponsors companies in order to consolidate the production of these items in one company and also to expand existing capacity from 120,000 square meters of concrete masonry units per annum to 360,000 square meters per annum.    Without IFCs involvement it will not be possible for the sponsor to rapidly expand capacity to meet the growing market demand.  IFCs assistance will facilitate introduction of modern management and technical practices and the facilities will be comparable to modern concrete masonry manufacturing units in western countries.     Environmental Category and Issues     This is a category B project according to IFC''s environmental review procedure. Environmental, occupational health and safety issues associated with the project include: air emissions, liquid effluents, solid wastes, fire prevention and emergency response, employee health safety and training; and employee protection from noise and dust.  The sponsor has presented plans to address these issues and demonstrate the proposed project will comply with applicable governmental and World Bank/IFC requirements.    The Environmental Review Summary is expected to be available on or about May 11, 1998 through the Public Information Center.     Host country location of    		IBRD Resident Mission, Almaty, Kazakstan    environmental documents      Date SPI sent to PIC   			May 7, 1998    Revised   					May 12, 1998     This Summary of Project Information is prepared and distributed to the public in advance of consideration of the proposed transaction by the Corporations Board of Directors. It is provided for the purpose of enhancing the transparency of IFCs activities and should not be construed as presuming the outcome of  IFC Board consideration.    For additional information contact:		Corporate Relations Unit   							Phone 	(202) 473-7711   							Fax		(202) 974-4384  Environmental 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).