BURAPHA AGRO-FORESTRY CO. LTD (FMO-53525)

Regions
  • East Asia and Pacific
Where the impacts of the investment may be experienced.
Countries
  • Laos
Where the impacts of the investment may be experienced.
Specific Location
Greater Vientiane area
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
Financial Institutions
  • Netherlands Development Finance Company (FMO)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Proposed
Bank Risk Rating
B
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Borrower
BURAPHA AGRO-FORESTRY CO. LTD
The holder of the loan, grant, or other investment.
Sectors
  • Agriculture and Forestry
  • Water and Sanitation
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 5.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Loan Amount (USD)
$ 5.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Primary Source

Original disclosure @ FMO website

Updated in EWS Jun 27, 2018

Disclosed by Bank May 25, 2018


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Project Description

Burapha is a Lao-Swedish joint venture with forest plantations and processing capacity, which develops and manages agroforestry plantations in the greater Vientiane area (Laos). Burapha’s strategy is to increase its plantation base and to build a plywood mill of nominal capacity 59,000 m3, with the ultimate objective to produce cost-competitive and sustainable FSC certified wood products, mainly plywood, for export and the domestic market.

The proposed funding will be used for CAPEX of the plywood mill and expansion of plantations from 3,540 ha to 7,000 ha by the end of 2019.

Investment Description
  • Netherlands Development Finance Company (FMO)
Contact Information

Burapha Agroforestry Co., Ltd  

Home goods store in Vientiane, Laos

Address: 46 Phonekheng Road, Ban Phonesaat, Laos

Home+856 21 451 841

Website: http://www.buraphawood.com/home/

ACCOUNTABILITY MECHANISM OF FMO

Communities who believe they will be negatively affected by a project funded by the Dutch Development Bank (FMO) may be able to file a complaint with the Independent Complaints Mechanism, which is the joint independent accountability mechanism of the Dutch Development Bank (FMO) and the German Investment Corporation (KfW) . A complaint can be filed in writing, by email, post, or online. The complaint can be filed in English or any other language of the complainant. The Independent Complaints Mechanism is comprised of a three-member Independent Expert Panel and it can provide either problem-solving, compliance review or both, in either order. Additional information about this accountability mechanism, including a guide and template for filing a complaint, can be found at: https://www.fmo.nl/independent-complaints-mechanism