Original disclosure @ ADB website
Updated in EWS Jun 25, 2020
Disclosed by Bank Sep 30, 2016
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The new Philippine Development Plan 2014-2018 emphasizes private sector solutions for driving decent employment creation and services delivery for the poor. One of its aims is to achieve inclusive growth is create at least one million new jobs per year, especially in the rural areas. This project will be the government's direct contribution to this development goal by enhancing rural enterprises to create new jobs for the poor and low income people in the rural areas (villages and smaller towns) of the Philippines. The project directly addresses income poverty and vulnerability. The proposed project is also aligned with Philippines Country Partnership Strategy (CPS) 2011- 2016.
During the PPTA, various assessments will be done that provide insights on (a) investment plans of companies and their value chains to provide income opportunities for the low income people, (b) labor market studies, (c) gender implications of such income opportunities, (d) studies on what impedes the private sector to create more decent jobs, (e) suggestions on a flexible implementation structure which is private sector driven, and (f) a monitoring and ex-ante impact assessment system that provides government and industries with data on created job results.
Increased rural household income in the project areas.
Rural employment opportunities in agro-processing and rural tourism sectors for poor and low income beneficiaries increased
The cost of doing business is reduced
New and existing rural enterprises (agro-processing and rural tourism enterprises) and inclusive business supported
Skills of employees and job seekers developed.
Efficient and timely program management
Department of Trade and Industry
4th Flr., Industry & Investment Building
385 Sen. Gil J. Puyat Avenue, Makati
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