summary - Overview of IFC's scope of review The...

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Overview of IFC's scope of review compliance with IFC’s Performance Standards and national regulatory  standards of hotels owned by the Group and of relevant hotel operators.  The review included  - assessment of the hotels’ environmental and social management system  operations  The review relied on documents made available by KS and interviews  conducted by IFC staff during site visits (13-16 April, 2009) to existing or  proposed hotel facilities located in Siem Reap, Cambodia and Luang  Prabang, Laos PDR.  During the visit IFC staff met key management and operational personnel. Project description KS is a Thailand-based group with a core business of  assembly and distribution of Honda motorcycles and parts in Laos, Cambodia,  and Vietnam.  The Group diversified and entered the luxury hotel business by developing  Alila Cha am in Thailand that opened in 2008, and subsequently acquired  stakes in two existing luxury hotels, Hotel De La Paix in Siem Reap,  Cambodia and Hotel 3 Nagas in Luang Prabang, Laos. This project involves an IFC loan to develop a 5-star hotel in Luang Prabang,  Laos - Alila Luang Prabang.  management company.  KS Group will be the owner of the proposed hotel assets. It does not directly 
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This note was uploaded on 02/13/2012 for the course ECON 101 taught by Professor Teerana during the Spring '11 term at Thammasat University.

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summary - Overview of IFC's scope of review The...

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