Company name

Standard Seafood de Venezuela, C. A.

Project number

VE1069A-01

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E&S category
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N/A

Country

Venezuela

Sector

Agribusiness

Status

Completed

Disclosed date

11/02/2001

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

Projected board date
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12/06/2001

Approval date

12/06/2001

Signed date

02/21/2002

Sponsoring entity

N/A

Team leader

Roa, Carlos

Investment type

Syndicated amount

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Financing amount

N/A

Currency

USD

Project scope and objective

La CII estará ayudando a patrocinadores pioneros que han demostrado capacidad para crecer en forma sostenida y adaptarse a los problemas y las cuestiones que se van planteando en la industria camaronera. El componente de bioseguridad y mejoras ambientales del proyecto: (i) tendrá un efecto de demostración sobre la dirección general del cultivo tradicional de camarón en Venezuela; y (ii) complementará la iniciativa de los patrocinadores ampliando y difundiendo un programa de especies resistentes a las enfermedades como elemento clave de la defensa estratégica contra las enfermedades virales del camarón. Asimismo, el financiamiento de la CII ayudará a movilizar coinversiones por parte de otras instituciones financieras.

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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. Any gaps with respect to the IDB Invest Sustainability Policy at the time of the ESDD are addressed in the Environmental and Social Action Plan (ESAP) provided below.

ENVIRONMENTAL AND SOCIAL REVIEW

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Contact information

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IDB Invest Contact

EMAIL

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PHONE

+1(202)-566-4566

ADDRESS

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