BANGLADESH SHIPBREAKERS ASSOCIATION
Status: Completed investmentWhy disclosure?
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In case of questions
In case of questions, please contact us at disclosure@fmo.nl
Disclaimer
The information as disclosed is indicative and provided on an "as-is/as available" basis for general informational purposes only and should not be construed as financial, legal or investment advice, nor as a commitment or an offer to arrange or provide any financing. The final decision to provide financing is subject to the terms and conditions of FMO in its sole and absolute discretion. When providing links to other sites, FMO bears no responsibility for the accuracy, legality or content of the external site or for that of subsequent links. The information on proposed investment for high-risk investments is made available in the language relevant to the country or region where the bulk of operations take place. Translations of any information into languages other than English are intended as a convenience for local stakeholders. In case of any discrepancy, the information provided in English will prevail.
Who is our customer
The Bangladesh Ship Breakers Association is an Organization established for the welfare of ship recycling activities in Bangladesh. It safeguards the rights of its members and ensures environment friendly ship recycling activities.
What is our funding objective?
This objective of this CD funding is to procure and operate a safe and efficient ambulance service for all shipyard workers. The main objective is to provide emergency medical service and transfer particularly for serious injuries.
Why do we fund this investment?
This project will improve environmental and social standards within the shipbreaking industry. This is in line with FMO’s strategy to support sustainable development.
- Region
- Asia
- Country
- Bangladesh
- Sector
- Infrastructure, Manufacturing and Services
- Effective date
- 11/4/2015
- End date
- 7/12/2016
- Total FMO financing
- EUR 0.03 MLN
- Funding
- FMO NV