Company name
Access Haiti S.A. ("Access" or the "Company")
Project number
HA2748A-01
N/A
E&S category
N/A
Country
Haiti
Sector
Digital Economy
Status
In implementation
Disclosed date
02/04/2011
Projected date at which a project will be put forward for the Board of Executive Directors’ approval.
Projected board date
03/08/2011
Approval date
03/22/2011
Signed date
N/A
Sponsoring entity
N/A
Investment Operations Department Contact
Portfolio Management Division
Investment type
Syndicated amount
USD $ 3,500,000
Financing amount
USD $ 3,500,000
Currency
N/A
Project scope and objective
Access is a leading provider of residential internet and other value added services in Haiti. Access has been a successful operator for over eight years. Access currently focuses its services in the Port-au-Prince and the leading cities in the provinces including Cap-Haïtien, Port-de-Paix, Gonaïves, Jacmel, Les Cayes and Jérémie. The company have extensive coverage and operating sites to cover approximately three million people.
The IIC loan of up to US$3.5 million will be used to finance part of the capital investment plan (the "Project") that the Company is undertaking. The Project will upgrade technology and expand network capacity, and will bring additional services for customers. It is forecast that this Project will help increase internet accessibility, coverage and affordability in a key segment of the Haitian telecommunications industry.
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Contact information
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Client Contact
N/A
PHONE NUMBER
N/A
POST OFFICE ADDRESS
N/A
IDB Invest Contact
requestinformation@idbinvest.org
PHONE
+1(202)-566-4566
ADDRESS
1350 New York Ave NW, Washington, DC 20005
COUNTRY OFFICES
IDB Invest Country OfficesIndividuals or communities can submit complaints and concerns related to environmental, social, or corporate governance issues to the Management Grievance Mechanism by e-mailing mgm@iadb.org or by calling +1 202 312 4040.
As a last resort, affected communities have access to the IDB Invest Independent Consultation and Investigation Mechanism by writing to mecanismo@iadb.org or MICI@iadb.org or calling +1(292) 623-3952.
IDB Invest has zero tolerance to reprisal or retaliation against anybody who voices its opinion or opposition to IDB Invest-financed projects.
For inquiries, comments and information requests about the project
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Environmental and social review
IDB Invest conducts an environmental and social due diligence (ESDD) commensurate with the nature, scale, and stage of the project, and with its level of environmental and social risks and impacts. The ESDD will confirm the project E&S categorization and assess the project with respect to the client requirements in IDB Invest Environmental and Social Sustainability Policy. The results of the ESDD, including any identified gaps are described in the Environmental and Social Review Summary (ESRS) provided below. For projects approved as of 2016, any gaps with respect to IDB Invest's Environmental and Social Sustainability Policy at the time of the ESDD are addressed in the Environmental and Social Action Plan (ESAP) presented below, to comply with the date mentioned above.
ENVIRONMENTAL AND SOCIAL REVIEW
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