Portfolio of Land Holdings, Cambodia, Indonesia, Malaysia, Sri Lanka & Thailand
SLP Environmental Consultants was appointed to conduct Phase 1 Environmental Due Diligence Assessments for a portfolio of prime beach front land holdings located in Cambodia, Indonesia, Malaysia, Sri Lanka & Thailand. The client was considering the acquisition of the sites and as part of the transaction risk management process required an assessment as to whether their were any potential environmental liabilities associated with the ownership of any of the study sites. The assessments also included an appraisal of the existing infrastructure, utilities and services as well as coastal hazard concerns such as erosion and tsunami risk.
The environmental due diligence assessments were conducted in general conformance with guidance presented in ISO 14015:2001—Environmental Assessments of Sites and Organisations (EASO), published by the International Standards Organization (ISO).
The assessments included site and environs inspections, consultations with local administrative bodies, desk studies and data mining with respect to the site setting, historic landuses, hydrogeology, hydrology, coastal morphology, ecology, cultural heritage, legislative framework and the existing utilities and infrastructure in the study site areas.
This information was utilised to undertake an assessment of the environmental sensitivity of the study sites and facilitate an assessment of the current and future potential environmental liabilities associated with a continued current use and the proposed redevelopment scenarios. The report also included recommendations with respect to Coastal Setback and Planning issues as well as an overview of the utility and infrastructure options for each site with recommendations for further studies and consultations as considered necessary to facilitate redevelopment activities.
The reporting included a qualitative risk assessment for each identified potentially vulnerable environmental receptor and an overall risk rating for each study site, as well as recommendations on the Environmental Management measures that should be adopted to ensure that the redevelopment impacts on the natural environment are kept to a minimum.