Myanma Awaba Group Company Ltd. | Accountability Console
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Myanma Awaba Group Company Ltd.

Sectors

Agribusiness

Description:

Projects in this Sector: 72

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Issues Raised

Community health and safety

Description:

Projects with this Issue Raised: 336

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Consultation and disclosure

Description:

Projects with this Issue Raised: 495

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Due diligence

Description:

Projects with this Issue Raised: 456

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Environmental

Description:

Projects with this Issue Raised: 366

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Human rights

Description:

Projects with this Issue Raised: 63

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Labor

Description:

Projects with this Issue Raised: 95

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Project Information

Investment ID: 35880

Bank: IFC/MIGA

Environmental Category: B

Country: Myanmar

Region: East Asia and the Pacific

Approval Date: None

Investment Types: Loans

Total Project Cost: No recorded data on this

Total Complaints: 1

Description

IFC has an active project with Myanma Awba Group Company Ltd., a group of companies in Myanmar focused on development in the agricultural sector. IFC is committing a USD$ 10 million Convertible C Loan for the expansion of Awbas core business, including the construction of additional fertilizer warehouse storage facilities and fertilizer distribution stations, the acquisition of a second chemical license for Myanma Awba Group in order to construct a new agro- chemical formulation plant in an industrial zone next to the existing Government Hmawbi pesticide factory, equipment (bottling and packaging machinery), warehouse storage facilities and working capital (ESRS).

Investments

Investment Type ID Amount Status Bank Client
Loans 35880 USD 10.0 million Planned IFC

Related Complaints

Implementers

Name Complaints Dispute Resolutions DR Successful Compliance Reviews Non-Compliance
Myanma Awaba Group Co. Ltd.