Company name

Aannemings-Maatschappij Baitali N.V.

Project number

13675-01

Category B projects have potential environmental and/or social impacts and risks that are less adverse than those of a Category A and which are generally limited to the project site, largely reversible and can be mitigated via measures that are readily available and feasible to implement in the context of the operation.

E&S category
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B

Country

Suriname

Sector

Transport

Status

Proposed

Disclosed date

10/04/2022

Projected date at which a project will be put forward for the Board of Executive Directors’ approval.

Projected board date
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12/09/2022

Approval date

N/A

Signed date

N/A

Sponsoring entity

N/A

Team leader

Gomez Velasquez, Johanna

Investment type

Syndicated amount

N/A

Financing amount

USD $ 5,000,000

Currency

USD

Project scope and objective

A committed revolving facility to be provided by Inter-American Investment Corporation (“IDB Invest”) for an amount of up to five million United States Dollars (US$5,000,000.00).

The facility will provide liquidity to Aannemings-Maatschappij Baitali N.V., a private local construction company in Suriname with over 50 years of experience to execute its projects in the country. The credit line will be used mainly in the rehabilitation of the Jenny-Henar road that connects Suriname with Guyana.

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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.

BAITALI GROUP - ENVIRONMENTAL AND SOCIAL REVIEW SUMMARY (ESRS)

288.0 Kb

BAITALI GROUP - ENVIRONMENTAL AND SOCIAL ACTION PLAN (ESAP)

110.5 Kb

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Contact information

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Alternatively, you may also use the following contact information:

Client Contact

CONTACT NAME

N/A

POSITION

N/A

PHONE NUMBER

N/A

EMAIL

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IDB Invest Contact

EMAIL

requestinformation@idbinvest.org

PHONE

+1(202)-566-4566

ADDRESS

1350 New York Ave NW, Washington, DC 20005

COUNTRY OFFICES

IDB Invest Country Offices

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