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Company name

Sheriff Security Inc. and Sheriff Construction Inc.

Project number

14985-01

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
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B

Country

Guyana

Sector

Manufacturing

Status

Proposed

Disclosed date

11/13/2024

Projected date at which a project will be put forward for the Board of Executive Directors’ approval.

Projected board date
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01/06/2025

Approval date

N/A

Signed date

N/A

Sponsoring entity

N/A

Investment Operations Department Contact

Corporates Division

Investment type

Syndicated amount

N/A

Financing amount

USD $ 5,000,000

Currency

USD

Project scope and objective

The Sheriff Group and its subsidiaries will undertake the construction of a commercial complex in the form of a sustainable shopping mall in Guyana (the “Project”). The principal subsidiaries involved in the Project are i) Sheriff Security Services (“Sheriff Security”), which provides security services to corporate clients in Guyana; and ii) Sheriff Construction Inc. (“Sheriff Construction”), which focuses primarily on civil construction, covering a wide range of projects from commercial buildings to infrastructure development – collectively referred to as the “Company” or the “Client”. With the support of IDB Invest, the complex will have EDGE green building certification.

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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.

ONE GUYANA HIGH RISE - ENVIRONMENTAL AND SOCIAL REVIEW SUMMARY (ESRS)

317.4 Kb

ONE GUYANA HIGH RISE - ENVIRONMENTAL AND SOCIAL ACTION PLAN (ESAP)

849.9 Kb

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Contact information

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Alternatively, you may also use the following contact information :

Client Contact

EMAIL

ameirahmad@sheriffsecurityservice.com

PHONE NUMBER

n/a

POST OFFICE ADDRESS

IDB Invest Contact

EMAIL

requestinformation@idbinvest.org

PHONE

+1(202)-566-4566

ADDRESS

1350 New York Ave NW, Washington, DC 20005

For inquiries, comments and information requests about the project

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Learn more about how we provide private-sector solutions in the region .