PROJECT

Projects

Summary of InfraVentures Project

Project Number

36726

Date SIVP Disclosed

Sep 22, 2017

Country

Myanmar

Region

East Asia and the Pacific

Last Updated Date

Nov 16, 2017

Industry

Infrastructure

Sector

Port and Harbor Operations

Department

CNGAV - Gbl Infrastructure & Natural Resources/InfraVentures-Asia

Project Description

Semeikhon river port project, located at the east bank of Ayeyarwady River, Mandalay Region, is a co-development with Mandalay Myotha Industrial Development Public Co. Ltd. (MMID), to be executed in phases to allow for traffic build-up over time. In Phase 1, IFC InfraVentures is expected to contribute up to US$3.85 million towards development of the port, which consists of one floating berth, and barges and cranes to handle 200,000 tons of general cargo, containers and roll on-roll off cargos. Upon its completion, the project will support Mandalay’s economic growth by facilitating trade in the region, as it would be the first of its kind, a modern inland water port to bolster Myanmar’s water transport sector. 

E & S Information

Key identified E&S impacts and risks of the project, which are site specific and can be addressed through effective
mitigations, and are related to:
(i) the need for a robust E&S management system; (ii) acquisition of land from local community members;
(ii) occupational health and safety risks during construction and operation;
(iii) waste management at the port; and
(iv) stakeholder engagement and having effective grievance mechanisms in place.

With support from IFC, the project sponsor has commissioned the following work by qualified international consultants:
(i) an environmental and social impact assessment has been completed, leading to detailed environmental management and
monitoring plans;
(ii) an assessment of land acquisition activities at the project footprint areas against IFC Performance Standard 5 requirements was also completed;
(iii) supporting the company’s implementation of the land acquisition action plan. The company is currently recruiting a qualified professional to head up and build its in-house E&S team, which will oversee and manage implementation of the above-mentioned ESIA and land acquisition action plans, as well as develop and implement the company’s system for managing E&S risks and impacts in its day to day operations.