Original disclosure @ FMO website
Updated in EWS Apr 25, 2021
Disclosed by Bank Oct 22, 2019
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According to the bank document, "the funds will be used to build up and expand food storage, supply and logistics business which are part of its Yoma Food & Beverages segment".
Yoma Strategic Holdings (“YSH”) is a conglomerate in Myanmar. The Company’s four core business divisions are Yoma Land, Yoma F&B, Yoma Motors and Yoma Financial Services, along with a portfolio of investments.
|Private Actor 1||Private Actor 1 Role||Private Actor 1 Sector||Relation||Private Actor 2||Private Actor 2 Role||Private Actor 2 Sector|
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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