Sierra Leone Shipyard Dutch shipbuilder Holland Shipyards Group B.V. and local consultancy and logistics company Prima Investment Ltd., have jointly taken over the run-down shipyard in Freetown from the Government of Sierra Leone. They are turning it into a functional yard again named Holland Shipyards Sierra Leone. This yard will target clients in Sierra Leone and neighbouring countries, as the closest shipyards are located at more than 1,000 km away in Ghana, Ivory Coast or Senegal. Potential and actual customers are private shipowners and the government for maintenance and repair of for instance ferries, tug boats, passenger and freight ships. Close to 70 staff will be employed at the yard, and will be extensively trained in working with modern tools and equipment in order to meet the high quality standards Holland Shipyards Group Sierra Leone wishes to set.Corporate Social Responsibility (CSR)A CSR policy will be written and formalised for the joint venture. The existing CSR policy of Holland Shipyard Group B.V. will serve as a baseline standard.Impact•	Employment and working conditionsIn total 58 new staff will be employed under fixed contracts with living wages which are at least 22 times higher than the Sierra Leone minimum wage (which is very low at € 3.56 per month). Most of these 58 people are already employed at the current government shipyard, but since they are hardly paid we do count these as new jobs for the joint venture. About 22% of the staff will be female (better than the industry average of 10%). Besides the salary, the project will offer fringe benefits like: health and other insurance (e.g. a disability insurance); staff will get paid on sick leave; a staff pension scheme; travel costs compensation; extra time will be rewarded; work clothing free of charge; employees will have a voice in the organisation and participation in the social dialog. These benefits are consistently better than what is legally required in Sierra Leone.•	Innovation / Transfer of knowledgeCurrently, there is no ship repair and maintenance service available in Sierra Leone. In that sense the project offers a new kind of service and opens a new local market for ship repair and maintenance in Sierra Leone.•	Chain effectsImpact on local suppliersAt least 11 long term local input and service suppliers are expected to benefit. Products to be supplied include: electrical equipment, mechanical equipment, sanitary equipment, but also on wood, timber and furniture, paints, fabrics, etc. Services to be supplied will be related to finance, insurances, hiring/contracting workers, and local transport of goods and workers.Impact on local customers or consumersLocal ship-owners will have access to a ship repair and maintenance service which was not available before. This will either make it economically feasible to service or repair their ships or save them high transport costs to the harbour in Senegal.•	Impact on the sectorThe availability of a ship repair and maintenance service may facilitate the growth of the port of Freetown and other sea transport services for the mines and passengers which travel from the airport to Freetown. However, this is not a specific result for the PSI project.•	EnvironmentAn Environmental Impact Assessment (EIA) will be part of the first Result and the outcomes and recommendations will be monitored throughout the project. Rehabilitation of the shipyard in Freetown, Sierra Leone, in order to repair and maintain ships up to 400 tons.