NIJHUIS WATER TECHNOLOGY BV
Status: Completed investmentWhy disclosure?
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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
Nijhuis Water Technologies B.V.
What is our funding objective?
To prove the business case that includes identifying potential off-takers to design criteria, technologies, costs to environmental and social impacts and regulatory requirements. During this phase the commitment of the Government is also checked and confirmed for next stages.
Why do we fund this investment?
Positive impact – The project aims to turn the Brahmaputra river into a real supportive life line for Assamese communities as well as the nature in and surrounding Brahmaputra. Dutch interest – The project is supported by the Government of Assam to be developed by a Dutch led consortia with Dutch best practices in river rehabilitation and management being a key emphasis.
What is the Environmental and Social categorization rationale?
In terms of E&S risk management, the project will be developed fully in line with FMO standards. Due to the nature of its activities this is an E&S category A project, with IFC PS 1-3 triggered, and most probably PS 4, 5 and 6. PS 7 and 8 are not expected to be triggered. Various WBG EHS Guidelines apply. The project is dedicated to develop a sound E&S management approach consistent with FMO’s standards.
More investments
| Date | Total FMO financing |
|---|---|
| 8/16/2019 | EUR 0.10 MLN |
- Country
- Netherlands
- Sector
- Agribusiness, Food & Water
- Effective date
- 11/13/2018
- End date
- 8/9/2019
- Total FMO financing
- EUR 0.40 MLN
- Funding
- Project Development Fund