Original disclosure @ IFC website
Updated in EWS May 11, 2022
Disclosed by Bank Sep 27, 2021
Can you contribute information about this project?
Contact the EWS Team
According to bank's website, "IFC is considering extending an A loan and a blended finance loan to support a greenfield 11.6MW waste-to-energy (“WTE”) project located in the Thuan Thanh district of Bac Ninh province of Vietnam (the “Project”). The project will be developed, constructed, and operated by T&J Green Energy Company Limited (“T&J” or the “Company”), a joint venture company of Thuan Thanh Environment Joint Stock Company from Vetnam (“TT”) and JFE Engineering Corporation (“JFEE”) of Japan. The project is expected to have a waste treatment capacity of 500 tons per day (“tpd”), of which 350 tpd will be municipal solid waste (“MSW”) from three districts of Bac Ninh province and 150 tpd will be non-hazardous industrial solid waste (“ISW”) from nearby factories".
According to bank's website, the project costs has total amount of 74 million USD. "The total IFC financing package is expected to be up to US$30 million, of which up to US$15 million will be from IFC’s own account and up to US$15 million will be from IFC in its capacity as implementing entity of the Finland Blended Finance Climate Program".
|Private Actor 1||Private Actor 1 Role||Private Actor 1 Sector||Relation||Private Actor 2||Private Actor 2 Role||Private Actor 2 Sector|
|-||-||-||-||T AND J GREEN ENERGY COMPANY LIMITED||Client||-|
|JFE Engineering Corporation||Parent Company||-||owns||T AND J GREEN ENERGY COMPANY LIMITED||Client||-|
|T AND J GREEN ENERGY COMPANY LIMITED||Client||-||contracts with||JFE Engineering Corporation||Parent Company||-|
|Thuan Thanh Environment Joint Stock Company||Parent Company||-||owns||T AND J GREEN ENERGY COMPANY LIMITED||Client||-|
T&J Green Energy Company Limited
Mai Hoai Nam, Chief Accountant
Cuu Yen Village, Ngu Thai Commune, Thuan Thanh District, Bac Ninh Province, Vietnam
ACCESS TO INFORMATION
You can submit a request for information disclosure at: https://disclosures.ifc.org/#/inquiries
If you believe that your request for information from IFC has been unreasonably denied, or that this Policy has been interpreted incorrectly, you can submit a complaint at the link above to IFC's Access to Information Policy Advisor, who reports directly to IFC's Executive Vice President.
ACCOUNTABILITY MECHANISM OF IFC/MIGA
The Compliance Advisor Ombudsman (CAO) is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an IFC or MIGA- financed project. If you submit a complaint to the CAO, they may assist you in resolving a dispute with the company and/or investigate to assess whether the IFC is following its own policies and procedures for preventing harm to people or the environment. If you want to submit a complaint electronically, you can email the CAO at CAO@worldbankgroup.org You can learn more about the CAO and how to file a complaint at http://www.cao-ombudsman.org