Tonle Sap Poverty Reduction and Smallholder Development Project - Additional Financing (ADB-41435-053)

Countries
  • Cambodia
Where the impacts of the investment may be experienced.
Specific Location
Banteay Meanchey, Battambang, Kampong Cham, Kampong Thom, Prey Veng, Siem Reap, and Tboung Khmum
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
Financial Institutions
  • Asian Development Bank (ADB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Active
Bank Risk Rating
B
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Sep 14, 2016
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
Government of Cambodia
The holder of the loan, grant, or other investment.
Sectors
  • Agriculture and Forestry
  • Technical Cooperation
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Grant
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 0.42 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 0.57 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ ADB website

Updated in EWS Aug 2, 2017

Disclosed by Bank Sep 19, 2016


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Project Description
An additional financing to the Tonle Sap Poverty Reduction and Smallholder Development Project is proposed for seven provinces (Banteay Meanchey, Battambang, Kampong Cham, Kampong Thom, Prey Veng, Siem Reap, and Tboung Khmum) in Cambodia. The additional financing will enhance agricultural productivity and improve access to markets in 270 target communes through investments in climate-resilient productive infrastructure, building capacity in disaster risk management of the communities and commune councils, and creating an enabled environment for agricultural productivity, diversification and climate resilience. PROJECT RATIONALE AND LINKAGE TO COUNTRY/REGIONAL STRATEGY Given the success of the current project, executing agencies have requested ADB support for an additional financing to scale up the current project activities. Demand for agricultural production infrastructure for poverty reduction in the Tonle Sap Basin is high; over 90% of the poor live in rural areas and are dependent on small-scale agricultural production for their livelihood. Frequency and intensity of disasters such as floods and droughts in the Tonle Sap Basin require interventions to enhance climate resilience and reduce disaster risk. The additional financing will also strengthen ADB''s basin-scale strategic approach in the Tonle Sap basin by creating synergies with other projects, such as the Climate-Resilient Rice Commercialization Sector Development Program (Rice SDP). Further, by using the additional financing modality, momentum of successes can be built on, and use of the current project resources optimized. CONSULTING SERVICES A total of 11.0 person-months (p-m) of international consulting services and 11.0 p-m of national consulting services inputs will be required. The consultants will be recruited using individual recruitment selection procedures and will be engaged on an intermittent basis by ADB.
Investment Description
  • Asian Development Bank (ADB)
Project Readiness Improvement Trust Fund US$ 150,000.00
Contact Information
Ministry of Agriculture, Forestry & Fisheries # 40 Norodom Blvd. Phnom Penh, Cambodia ACCOUNTABILITY MECHANISM OF ADB The Accountability Mechanism is an independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an Asian Development Bank-financed project. If you submit a complaint to the Accountability Mechanism, they may investigate to assess whether the Asian Development Bank is following its own policies and procedures for preventing harm to people or the environment. You can learn more about the Accountability Mechanism and how to file a complaint at: http://www.adb.org/site/accountability-mechanism/main