Argentina: Elimination of CFCs in the manufacturing plant of domestic refrigerators at Lobato San Luis S.A. (World Bank) (UNEP/OzL.Pro/ExCom/32/30/Argentina and Corr.1)
Having considered the recommendations of the Sub-Committee on Project Review (UNEP/OzL.Pro/ExCom/32/21, para. 98), the Executive Committee decided:
(a) To approve the change of technology in the above project;
(b) To request the World Bank not to disburse the approved funding until after it had ascertained the financial viability of the enterprise, and to report back to the Executive Committee at its 34th meeting;
(c) That the incremental operating cost should be based on the current production capacity;
(d) Based on the above, request the World Bank to return to the Multilateral Fund the amount of US $220,660 plus agency support costs, representing the difference between the costs of the original and revised project proposals.