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Estimated Total Budget Pending (Project budget includes all project-funded activities)
Last Updated Date
Jan 5, 2024
Project Estimated Start Date
May 31, 2022
Project Estimated End Date
Dec 31, 2022
Project Description
IFC will assist HCMC authorities to assess the prefeasibility of developing an advanced integrated waste treatment facility/ waste-to-energy facility at the Northwest Solid Waste Treatment Complex – Ho Chi Minh City, as a Public Private Partnership.
Development Results
The planned assessment will support the decision by HCMC authorities on the viability of the project.
E&S Risks / Impacts and Mitigation
Performance Standard
Description and Potential Impact
Mitigation
PS 1. Assessment and Management of Environmental and Social Risks and Impacts
The International Finance Corporation, at the request of HCMC authorities, will undertake a diagnostic assessment of the proposed advanced treatment centers for municipal solid waste in HCMC.
As mandated by IFC's Sustainability Policy, IFC will assess the project's consistency with IFC's Performance Standards. IFC's advice will be provided in a manner consistent with the principles of the relevant Performance Standards and the IFC team will assist the client, as the final decision maker, in gaining a good understanding of IFC's Performance Standards.
Press-Release
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This Summary of Advisory Services Project Information (ASPI) is prepared by IFC to disclose a factual summary of the main elements of this advisory services project. It may also include findings and recommendations related to environmental and social considerations regarding this project. The purpose of the ASPI is to enhance the transparency of IFC's activities. For any project documentation or data included or attached herein, whether prepared by the project sponsor or otherwise, authorization has been given for public release by the client. IFC considers that this ASPI is of adequate quality for release to the public, but has not necessarily independently verified all of the project information therein. It is distributed within sixty days of project's approval and may be updated periodically afterwards. Total budget and start dates are estimates only. The following ASPI is disclosed in accordance with IFC's Access to Information Policy (AIP) that went into effect on January 1, 2012.
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