Vietnam Resource Energy Efficiency (IFC-599615)

Countries
  • Vietnam
Where the impacts of the investment may be experienced.
Specific Location
Selected export processing zones, industrial zones and clusters (IZs) in Vietnam
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
  • International Finance Corporation (IFC)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Active
Bank Risk Rating
U
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.
Voting Date
Mar 12, 2014
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Sectors
  • Climate and Environment
  • Energy
  • Infrastructure
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Advisory Services
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 2.26 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 2.26 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ IFC website

Updated in EWS Jan 31, 2019

Disclosed by Bank Jun 10, 2014


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Project Description

The project aims to promote energy (resource) efficiency and clean energy interventions in selected export processing zones, industrial zones and clusters (IZs) in Vietnam by providing in-depth advisory services to manufacturing firms and infrastructure management companies to develop demonstration projects that promote circular economy concepts while benefiting from synergies associated with multiple co-located industries.

Project activities will include scoping assessments, detailed audits, feasibility studies, awareness-raising, and training workshops. The practical experiences from implementation of demonstration projects will provide a sound foundation for advising the Ministry of Planning and Investment (MPI) in promoting Low Carbon Eco-Efficient Zones that could serve as a model for sustainable private sector growth in Vietnam.

Investment Description
  • International Finance Corporation (IFC)

The project budget includes all project-funded activities which the total amount is $2,268,603.00 US.

This will be achieved by providing in-depth advisory services to manufacturing firms and infrastructure management companies to develop demonstration projects that promote circular economy concepts while benefiting from synergies associated with multiple co-located industries.

Contact Information

*No contact information is found*

ACCOUNTABILITY MECHANISM OF IFC

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