Info Report Check
Submission incomplete:
The DOE is requested to provide information on how it has assessed each barrier presented as per VVM v 1.2 paragraph 118 (a) and (b).
1.The DOE is requested to provide information on the Financial statement of "China National Building Materials Group Corporation" and the “South Group” Ltd during the time of the investment decision of the project activity . In this context the DOE is requested to provide the financial details for a larger time frame and not limit its information to the year of decision making.
2. The DOE is requested to clarify why did the Mother Group lack the financial means to invest in the project activity of Changshan Nanfang Cement Co.Ltd.
3. The PDD and the validation report provides the financial status of the Changshan Nanfang Cement Co., Ltd for the year 2007 only. However the DOE is requested to provide more information on the financial status of the Company for a larger time frame prior to the start date of the project activity.
4.The DOE is requested to provide further information on how it compared the project activity to other "similar" projects in accordance with Guideline 3 (paragraph 6) of EB 50 Annex 13.
5.The DOE is requested to provide information on the reason for rejection of the loan application by the Industrial Bank on 3/3/2008.
6. Page 33 of the PDD states: " The guarantee is made by an entity operating in the cement industry. This does not comply with the guarantee policy of the Bank of China as well as the
Industrial Bank".The DOE is requested to further provide details on how it validated the policy of the bank and deemed it to be applicable to the project activity.