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Dutch Good Growth Fund
Notice proposed transaction 20150318 Nigeria / Shrimps
Date of publication: March 18th 2015
Taking into account the provisions for governing bodies that apply under the
‘Freedom of Information Act’ (‘Wet openbaarheid van bestuur’) and the ‘Data
Protection Act’ (‘Wet bescherming persoonsgegevens’), the Fund manager of
the DGGF part ‘Investment by Dutch SME’s’ will publish its anticipated
transactions.
Views
Parties can express their views on the proposed transaction to the Fund
manager by contacting [email protected] within 30 days after the publication date of
the notice. After the transaction has been closed, or after it has become clear
that the transaction will not take place, the Fund manager will respond as soon as
possible to these parties concluding on the expressed views by these Parties.
DGGF1 20150318 Nigeria Shrimp
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Description (English)
Part of DGGF
Investment by Dutch SME’s
Description
At this moment the worldwide demand for high-quality shrimp is higher than
the seas can provide. This DGGF transaction (co-financing with a Dutch bank)
allows the Dutch SME to set up a shrimp farm to satisfy the growing demand.
This investment will create over 320 jobs and strengthens the Nigerian shrimp
sector. Local suppliers will benefit from this.
The employees will be trained ‘in’ the shrimp production techniques.
Medical care is free for the employees and their families.
The shrimp production will meet the international standards for sustainable
shrimp farming.
Country of investment
Nigeria
Risk category
it is a category A (high) investment. For the purpose of this investment a new
location will be developed. A CSR action plan will be drafted, which is based
upon the OECD and IFC performance standards, which aims to reduce the risk
of non-compliance with these standards.
Ten behoeve van deze investering zal een nieuwe locatie worden ontwikkeld.
Fund manager and contact details
RVO.nl, [email protected]
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