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Tanmiya

Environmental & Social Review Summary

This Environmental and Social Review Summary is prepared and distributed in advance of the IFC Board of Directors’ consideration of the proposed transaction. Its purpose is to enhance the transparency of IFC’s activities, and this document should not be construed as presuming the outcome of the Board of Director’s decision. Board dates are estimates only.
Any documentation which is attached to this Environmental and Social Review Summary has been prepared by the project sponsor and authorization has been given for public release. IFC has reviewed this documentation and considers that it is of adequate quality to be released to the public but does not endorse the content.
Project number 28647
Country
MENA Region
RegionMiddle East and North Africa
SectorColleges, Universities, and Professional Schools
DepartmentReg Manufact, Agri & Services, EMENA
Company nameAl Tanmiya Holding KSC
Environmental categoryB
StatusHold
Date ESRS disclosedDecember 22, 2009
Last Updated DateFebruary 8, 2012
View Summary of Proposed Investment (SPI), click here

OverviewCategory & Applicable StandardsKey Issues & MitigationCommunity EngagementsClient's Documentation

Overview of IFC's scope of review
This is a Category B project according to IFC’s Procedure for Environmental and Social Review of Projects. The review of this project consisted of appraising information provided by the sponsor related to technical, environmental and social issues as well as visits of S.O.S. Recruitment Consultants Company and training center of Qualitas Consulting and Training Company (QCT) in Kuwait, and the English Language & Training Centers of Jiaxing World Educational in Shanghai, China. Documents reviewed included the following:
EDU Draft HR Policy and Procedures
EDU Code of Ethics
QCT Disciplinary Code and Measures including warning notice & letter template,
QCT draft Emergency Management Plan
Project description
Educational Holding Group (EDU) is an established, publicly listed education group in Kuwait operating in countries in the Gulf Cooperation Council (GCC) and Middle East and North Africa (MENA). EDU has investments across a wide spectrum of educational sectors ranging from nursery schools, elementary and high schools, colleges, training centers, universities and educational support services. Al Tanmiya Holding Company (the company), a wholly owned subsidiary, will focus on human capital development in the emerging markets. The company is in the process of acquiring the existing EDU companies in the GCC, India and China. Furthermore, it will also expand these businesses and acquire additional businesses in MENA and Asia. The company will focus on various business segments, including, but not limited to, corporate training & development, industrial vocational & language training, HR assessment, testing and consulting services, business process outsourcing, recruitment and related HR services. Al Tanmiya Holding will own 7 companies in the field of human capital development:

Universal Knowledge Solutions, United Arab Emirates (UAE): 100% owned company specialized in E-content development and E-Learning solutions.
S.O.S, Kuwait: 100% owned company specialized in executive search, recruitment, corporate training, HR outsourcing and support services.
QCT, Kuwait: 100% owned company specialized in training, education consulting, government and private projects.
Synergy Corporation, Kuwait: 29% owned company specialized in leadership, training, corporate development, consulting and market research.
Human Dimensions, Kuwait: 100% owned company specialized in HR assessment and consulting.
Prolific, India: 45% owned company specialized in industrial vocational training for retail and corporate and Turnkey automated solutions.
Jiaxing World Educational (JWET), China: 45% owned company specialized in English language training for retail and corporate.