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According to ADB documents, the prposed investment is a loan of up to $60,000,000, in United States dollars, to ECOM Agroindustrial Corp. Limited (EACL) and to ECOM Agroindustrial Asia Pte. Limited (EAA) for the Ecom COVID-19 Smallholder Farmer Livelihood Support Project in Viet Nam, India, Indonesia, and Papua New Guinea (PNG). The report also describes the proposed administration of a concessional loan of up to $1,200,000 to be provided by the Australian Climate Finance Partnership (ACFP)
Private Actor 1 | Private Actor 1 Role | Private Actor 1 Sector | Relation | Private Actor 2 | Private Actor 2 Role | Private Actor 2 Sector |
---|---|---|---|---|---|---|
- | - | - | - | ECOM Agroindustrial Asia Ltd | Client | - |
- | - | - | - | ECOM Agroindustrial Corp Ltd | Client | - |
No contact details were provided at the time of disclosure.
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ACCOUNTABILITY MECHANISM OF ADB
The Accountability Mechanism is an independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an Asian Development Bank-financed project. If you submit a complaint to the Accountability Mechanism, they may investigate to assess whether the Asian Development Bank is following its own policies and procedures for preventing harm to people or the environment. You can learn more about the Accountability Mechanism and how to file a complaint at: http://www.adb.org/site/accountability-mechanism/main.