Preparing the Punjab Agriculture Markets Development Project (ADB-53070-002)

Countries
  • Pakistan
Where the impacts of the investment may be experienced.
Specific Location
Lahore
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
Proposed
Bank Risk Rating
U
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.
Borrower
Government of Pakistan
The holder of the loan, grant, or other investment.
Sectors
  • Agriculture and Forestry
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Fund
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 0.60 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Primary Source

Original disclosure @ ADB website

Updated in EWS Oct 30, 2019

Disclosed by Bank Oct 4, 2019


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Project Description

According to the bank website, "The proposed project will finance the development of a modern holistic wholesale agriculture market in Lahore and prepare a master plan for development of wholesale markets in other locations proposed and agreed by PAD. It will complement and enhance the impact of other ongoing government-run as well as other donor-funded projects aimed at improving agriculture value chains."

Investment Description
  • Asian Development Bank (ADB)
Contact Information

Responsible ADB Officer Ahsan Tayyab
Responsible ADB Department Central and West Asia Department
Responsible ADB Division Environment, Natural Resources & Agriculture Division, CWRD
Executing Agencies
Agriculture Department, Government of the Punjab
21-Sir Agha Khan Soyem Road (Davis Road)
Government of the Punjab, Lahore, Pakistan

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