Project detail - HASKONINGDHV NEDERLAND B.V.

HASKONINGDHV NEDERLAND B.V.

Status: Completed investment
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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

Royal HaskoningDHV

What is our funding objective?

FMO's EUR 25k grant is aimed at arriving at a developed contractors' offer (negotiated contract or through tender). This, in order to perform a study to assess the financial and operational feasibility, gaps and challenges of the extension of the current Banjul water supply system.

Why do we fund this investment?

FMO funds this project to ensure availability and sustainable management of water and sanitation for all. Next to that, the project is aimed at preventing water losses, increasing available water and a guaranteed (with recurrence failure frequency) water supply capacity.

What is the Environmental and Social categorization rationale?

With our development capital and our involvement we ensure proper environmental, health & safety management during construction and operation. Specific elements taken into account are: affordability, water sourcing (water availability), right of way / land acquisition issues, environmental, health & safety management during construction and operation, need of matching sanitation. E&S risk category for this project is: B+. Applicable IFC PS: 1 (assessment and management), 2 (labor conditions), 3 (pollution and resource management), 4 (community health & safety), 5 (land acquisition and resettlement). Potentially applicable: IFC PS 6 (biodiversity). IFC PS 7 (indigenous peoples) and 8 (cultural heritage) are not expected to be triggered due to the urban location of the project. All of this will be further assessed during the project development stage.

Country
Netherlands
Sector
Infrastructure, Manufacturing and Services
Effective date
1/29/2018
End date
8/16/2019
Total FMO financing
EUR 0.03 MLN
Funding
Development Accelera