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MARPOL for the Blue Economy: The Caribbean’s First Marine Waste Reception and Processing Facility
Co-finance the expansion of a processing facility in Freeport, Grand Bahama that will utilize new and innovative patented technology to break oil and water emulsions and process contaminated water from ocean liners and cruise ships. With a capacity to process in excess of 50 million gallons of waste from cruise ships and other commercial vessels every year, the facility will now be expanded to receive up to 200 million gallons per annum

Project Detail

Country

Bahamas

Project Number

BH-L1047

Approval Date

June 26, 2019

Project Status

Closed

Project Type

Loan Operation

Sector

WATER AND SANITATION

Subsector

INTEGRAL MANAGEMENT OF WATER RESOURCES

Lending Instrument

Instrumento del Fondo Multilateral de Inversiones

Lending Instrument Code

MIF

Modality

-

Facility Type

-

Environmental Classification

Likely to cause minimal or no negative environmental and associated social impacts

Total Cost

USD 3,000,000.00

Country Counterpart Financing

USD 1,500,000.00

Original Amount Approved

USD 1,500,000.00

Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
4813/MS-BH Non-Sovereign Guaranteed USD - United States Dollar MIF-Small Enterprise Investment Fund MIF Financing
Operation Number 4813/MS-BH
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: MIF-Small Enterprise Investment Fund
  • Financial Instrument: MIF Financing

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Implementation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-1389491200-5
Donors Memorandum
BH-L1047 - BH-T1069 - Project summary.pdf
Jan. 22, 2020
English
https://www.iadb.org/document.cfm?id=EZSHARE-1389491200-6
Donors Memorandum
BH-L1047 - BH-T1069 - Resumen del proyecto.pdf
Jan. 22, 2020
Spanish

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