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Antea - Albania
Summary of Proposed Investment

This Summary of Proposed Investment is prepared and distributed to the public in advance of the IFC Board of Directors’ consideration of the proposed transaction. Its purpose is to enhance the transparency of IFC’s activities, and this document should not be construed as presuming the outcome of the Board decision. Board dates are estimates only.

Project number 25886
Company nameTitan Cement
Country
Albania
Sector1Cement
Environmental categoryA
Department
StatusCompleted
Date SPI disclosedMarch 26, 2008
Projected board dateMay 29, 2008
Previous EventsInvested: December 29, 2008
Signed: November 20, 2008
Approved: May 29, 2008
View Environmental & Social Review Summary (ESRS), click here
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  Overview     Sponsor/Cost/Location     Development Impact     Contacts     Attachments  

Project description
The project comprises the construction of a greenfield state-of-the-art cement plant with a production capacity of 3300 tons per day clinker (or 1,400,000tons per year cement) at Boka e Kuqe (the project) by Antea Cement Sh. A (Antea or the company).

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