Company name
KULDIPSINGH PORT FACILITY N.V.
Project number
16333-01
Category B projects have potential environmental and/or social impacts and risks that are less adverse than those of a Category A and which are generally limited to the project site, largely reversible and can be mitigated via measures that are readily available and feasible to implement in the context of the operation.
E&S category
B
Country
Suriname
Sector
Transport
Status
Proposed
Disclosed date
06/19/2026
Projected date at which a project will be put forward for the Board of Executive Directors’ approval.
Projected board date
09/30/2026
Approval date
N/A
Signed date
N/A
Sponsoring entity
Handelmaatschappij Kuldipsingh N.V.
Investment Operations Department Contact
Infrastructure and Energy Division
Investment type
Syndicated amount
N/A
Financing amount
USD $ 15,000,000
Currency
USD
Project scope and objective
The objective of the Project is to expand the operational capacity and port infrastructure of Kuldipsingh Port Facility N.V. in Suriname through additional financing to the existing transaction. Phase 2 includes the expansion of the existing quay by 80 meters to accommodate a higher volume of vessels, as well as the rehabilitation of an old wharf at another site, with the aim of improving the Company’s direct logistics management and strengthening its operational performance.
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Contact information
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Client Contact
PHONE NUMBER
+597-486621
POST OFFICE ADDRESS
Sir Winston Churchillweg BR.221 A, Wanica, Surianme.
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Environmental and social review
IDB Invest conducts an environmental and social due diligence (ESDD) commensurate with the nature, scale, and stage of the project, and with its level of environmental and social risks and impacts. The ESDD will confirm the project E&S categorization and assess the project with respect to the client requirements in IDB Invest Environmental and Social Sustainability Policy. The results of the ESDD, including any identified gaps are described in the Environmental and Social Review Summary (ESRS) provided below. For projects approved as of 2016, any gaps with respect to IDB Invest's Environmental and Social Sustainability Policy at the time of the ESDD are addressed in the Environmental and Social Action Plan (ESAP) presented below, to comply with the date mentioned above.
KULDIPSINGH PORT PHASE 2 - ENVIRONMENTAL AND SOCIAL REVIEW SUMMARY. FINAL
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KULDIPSINGH PORT PHASE 2 - ENVIRONMENTAL AND SOCIAL ACTION PLAN. FINAL
122.9 Kb