According to the FMO, the objective of the project is threefold, namely to:
(i) train the resettled and relocated farmers and the local agricultural agency in crop rotation;
(ii) raise awareness on the risks of cassava plantation; and
(iii) improve the farmers livelihood on the mid- and long term.
Soil depreciation due to the use of cash crops like cassava and lack of crop diversity puts the farmers at risk of losing livelihood and face a loss of income generation while at the same time it damages the environment. Training the local agricultural organization will make sure that knowledge and skills will be transferred on a continuous basis. If successful, this program can serve as a best practice example and can be replicated by other hydropower clients of FMO with similar challenges.
As stated by the FMO, Theun-Hinboun Power Company Limited operates a 520 MW hydro power plant situated in Laos.
As stated on the company's website:
An independent power producer supplying electricity to Thailand and Laos, THPC is a public-private partnership, owned by a Lao public company together with investors from Thailand and Scandinavia.
|Private Actor 1
|Private Actor 1 Role
|Private Actor 1 Sector
|Private Actor 2
|Private Actor 2 Role
|Private Actor 2 Sector
|Theun-Hinboun Power Company Limited
Borrower - Theun-Hinboun Power Company Limited:
Address: 8th Floor, Vientiane Center, Khouvieng Road, Ban Nongchan, Vientiane, Sisattanak District, P.O. Box 3382, Lao PDR
Phone: +856 21 217363 / +856 21 217515
Fax: +856 21 217529
ACCESS TO INFORMATION
As part of FMO's ex-ante disclosure (disclosure of transactions before contracting), you can send requests or questions for additional information to: email@example.com
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