PROJECT

Projects

Environmental & Social Review Summary

Project Number

27091

Company Name

PREFERRED FREEZER SERVICES VIETNAM LIMITED

Date ESRS Disclosed

May 19, 2008

Country

Viet Nam

Region

East Asia and the Pacific

Last Updated Date

Jun 3, 2021

Environmental Category

B - Limited

Status

Completed

Previous Events

Approved : Jan 29, 2009
Signed : Mar 5, 2009
Invested : Mar 26, 2009

Sector

Storage (Including Agricultural Products)

Industry

Infrastructure

Department

Gbl Infrastructure & Natural Resources

Project Description

The Antara HCMC project is a greenfield project which includes construction and operation of a cold storage facility in Ho Chi Minh City, Vietnam. The project site is located fifteen minutes from the center of Ho Chi Minh City, next to both the Phu My Bridge (under construction) and existing and planned port facilities. The planned facility will use a cascading ammonia refrigeration system, and aims to be environmentally friendly with a zero-carbon footprint. Antara relies on Preferred Freezer Services, Inc, a leading US operator of full service refrigerated warehouses for development and implementation of its management systems including environmental and social, operational policies and procedures and certification programs.

Overview of IFC's Scope of Review

The scope of review of Antara’s compliance with IFC’s Performance Standards and local environmental, social and occupational health and safety standards, included assessment of the effectiveness of the company’s environmental and social management system for its proposed construction and operation of a cold storage facility and its ability to ensure and monitor compliance with regulatory requirements and IFC’s Performance Standards in its operations. The review relied on documents and reports made available by Antara and interviews conducted by IFC staff during their site visit. The IFC team also visited the proposed construction site, facilities operated by competitors in Ho Chi Minh City and facilities owned and operated by Preferred Freezer Services in Elizabeth, New Jersey, USA.

E & S Project Categorization and Applicable Standard

Environmental and Social Mitigation Measures

Stakeholder Engagement

Client Documentation

File Name Actions
ESAP.pdf