Thailand: Conversion of compressor manufacture from CFC-12 to HFC-134a designs at Sanyo Universal Co. Ltd., and conversion of compressor manufacture from CFC-12 to HFC-134a, Phase 2 at Kulthorn Kirby Public Company Limited (UNEP/OzL.Pro/ExCom/20/35)
The Executive Committee, having noted the recommendations of the Sub-Committee on Project Review (UNEP/OzL.Pro/ExCom/ 20/5, paras. 34-35), decided
(a) To approve the capital costs for these two projects, namely US $673,680 and US $808,234 respectively (Annex V [to document UNEP/OzL.Pro/ExCom/20/72]);
(b) To request the Secretariat and the World Bank to work together to develop a procedure for dealing with operating costs in this particular case;
(c) Noting that a 15 per cent contingency had been requested for 30 per cent of the equipment in the two projects and since the exact portion of equipment already purchased was not known at the time of approval, to request the World Bank to include reference to the use of contingency funds in its project completion report.