News

Assessment of Sugar Refining Project in Yemen Completed

27 Dec 2021

In November, CAO completed the assessment of a complaint from Yemen regarding IFC’s investment in Hayel Saaed Anam (HSA) Group’s food processing operations and the case has been referred to CAO’s Dispute Resolution function.

The complaint raised various environmental and social concerns including issues regarding marine water and air pollution, risk of land subsidence, and impacts on the complainant’s professional reputation. During the assessment, both parties—the complainant and the company—agreed to engage in a voluntary dispute resolution process to resolve the issues raised in the complaint. CAO formally referred the complaint to its Dispute Resolution function in November 2021. Due to the current security situation and COVID-19-related travel restrictions to Yemen, the process is being conducted remotely. Additional details about the case are available in CAO’s assessment report, available in English and Arabic. Learn more here.

For more on CAO’s Dispute Resolution work, click here.