Projects
Project Brief
Summaries of proposed guarantees are provided prior to Board consideration and before final contract signing, and they are therefore subject to change. Project briefs are disclosed after Board consideration and contract signing and reflect the terms of the project at the time of contract signature. Environmental and Social Review Summaries are provided for projects assigned an Environmental Assessment Category of A or B.
- Project name
- Can-Pack Ukraine Ltd.
- Project ID
- 5326
- Fiscal year
- 2004
- Status
- Not Active
- Guarantee holder
-
Can-Pack S.A.
- Investor country
-
Poland
- Host country
-
Ukraine
- Environmental category
- A
- Sector
-
Manufacturing
- Gross exposure
- $48.8 million
- Project type
- Non-SIP
The project involves the construction and operation of an aluminum beverage can pro-duction plant, the largest private Polish investment in Ukraine to date. It will increase Can-Pack’s production capacity in order to meet the growing demand for canned beverages in Ukraine and will allow it to maintain market share in Ukraine, Russia, and other members of the Commonwealth of Independent States. The project will help create approximately 110 local jobs and about 145 additional jobs during the construction phase. Can-Pack will provide ongoing training throughout the duration of the project. The project is also expected to generate significant exports, reduce imports and provide upstream benefits for local suppliers.
