Company name
Dostorres S.A.
Project number
14124-01
Category B projects have potential environmental and/or social impacts and risks that are less adverse than those of a Category A and which are generally limited to the project site, largely reversible and can be mitigated via measures that are readily available and feasible to implement in the context of the operation.
E&S category
B
Country
Panama
Sector
Social Infrastructure
Status
Proposed
Disclosed date
10/03/2023
Projected date at which a project will be put forward for the Board of Executive Directors’ approval.
Projected board date
11/26/2024
Approval date
N/A
Signed date
N/A
Sponsoring entity
Hospitales Nacionales, S.A.
Investment Operations Department Contact
N/A
Investment type
Syndicated amount
USD $ 18,000,000
Financing amount
USD $ 24,000,000
Currency
USD
Project scope and objective
The proposed transaction involves a structured financing initiative directed towards DOSTORRES, S.A. (the "Borrower"), supported by Hospitales Nacionales, S.A. This initiative aims to (i) finance the design, construction, operation, and maintenance of Hospital Costa Verde (the "Project"). The hospital complex will be located in the region of Panama Oeste and will be its first third-level private hospital. The project will implement climate resilient infrastructure elements in the design and construction of the hospital as well as attaining an EDGE certification, those measures to be supported by IDB Invest.
For inquiries, comments and information requests about the project
Request informationLearn more about how we provide private-sector solutions in the region .
Contact information
For inquiries, comments and information requests about the project
Request informationAlternatively, you may also use the following contact information :
Client Contact
N/A
PHONE NUMBER
N/A
POST OFFICE ADDRESS
N/A
IDB Invest Contact
requestinformation@idbinvest.org
PHONE
+1(202)-566-4566
ADDRESS
1350 New York Ave NW, Washington, DC 20005
COUNTRY OFFICES
IDB Invest Country OfficesIndividuals or communities can submit complaints and concerns related to environmental, social, or corporate governance issues to the Management Grievance Mechanism by e-mailing mgm@iadb.org or by calling +1 202 312 4040.
As a last resort, affected communities have access to the IDB Invest Independent Consultation and Investigation Mechanism by writing to mecanismo@iadb.org or MICI@iadb.org or calling +1(292) 623-3952.
For inquiries, comments and information requests about the project
Request informationLearn more about how we provide private-sector solutions in the region .
Environmental and social review
IDB Invest conducts an environmental and social due diligence (ESDD) commensurate with the nature, scale, and stage of the project, and with its level of environmental and social risks and impacts. The ESDD will confirm the project E&S categorization and assess the project with respect to the client requirements in IDB Invest Environmental and Social Sustainability Policy. The results of the ESDD, including any identified gaps are described in the Environmental and Social Review Summary (ESRS) provided below. For projects approved as of 2016, any gaps with respect to IDB Invest's Environmental and Social Sustainability Policy at the time of the ESDD are addressed in the Environmental and Social Action Plan (ESAP) presented below, to comply with the date mentioned above.
COSTA VERDE SUSTAINABLE HEALTH COMPLEX - ENVIRONMENTAL AND SOCIAL ACTION PLAN (ESAP)
184.3 Kb
COSTA VERDE SUSTAINABLE HEALTH COMPLEX - ENVIRONMENTAL AND SOCIAL REVIEW SUMMARY (ESRS)
266.2 Kb