According to the Bank’s website, the proposed US$5 million financing to the Borrower will support the construction of a state-of-the-art distribution center and the acquisition of new equipment to optimize Trinidad Tissues' operational capabilities. IDB Invest's financing will have a 10-year tenor including 24-month grace period.The expected project's impact encompasses: (i) stimulating growth and job creation; (ii) fostering social and environmental improvements to reduce carbon emissions, (iii) enhancing regional supply chain integration; (iv) improving productivity and competitiveness and expanding capacity resulting in higher operational efficiency while pursuing economies of scale.
|Private Actor 1||Private Actor 1 Role||Private Actor 1 Sector||Relation||Private Actor 2||Private Actor 2 Role||Private Actor 2 Sector|
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CONTACT NAME: Bernard Hoeger
POSITION: Country Manager
PHONE NUMBER: 1-868-762-2778
IDB Invest Contact
ADDRESS: 1350 New York Ave NW, Washington, DC 20005
ACCESS TO INFORMATION
You can submit a request for information disclosure at: https://www.iadb.org/en/access-information/information-request
ACCOUNTABILITY MECHANISM OF IDB / IDB INVEST
The Independent Consultation and Investigation Mechanism (MICI) is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an Inter-American Development Bank (IDB) or Inter-American Investment Corporation (IDB Invest)-funded project. If you submit a complaint to MICI, they may assist you in addressing the problems you raised through a dispute-resolution process with those implementing the project and/or through an investigation to assess whether the IDB or IDB Invest is following its own policies for preventing or mitigating harm to people or the environment. You can submit a complaint by sending an email to MICI@iadb.org. You can learn more about the MICI and how to file a complaint at http://www.iadb.org/en/mici/mici,1752.html (in English) or http://www.iadb.org/es/mici/mici,1752.html (Spanish).