Improving Market Linkages for Cottage and Small Industries (ADB-53428-001)

Countries
  • Bhutan
Where the impacts of the investment may be experienced.
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 Bhutan - Ministry of Economic Affairs
The holder of the loan, grant, or other investment.
Sectors
  • Industry and Trade
  • Technical Cooperation
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
Not Disclosed
When disclosed, the bank did not provide this value. Please review updated project documents for more information.
Primary Source

Original disclosure @ ADB website

Updated in EWS May 19, 2020

Disclosed by Bank Feb 5, 2020


Contribute Information
Can you contribute information about this project?
Contact the EWS Team

Project Description

According to bank documents, "the knowledge and support technical assistance (TA) Improving Market Linkages for Cottage and Small Industries (CSIs) will help Bhutan to develop the capacity of CSIs to expose and profitably operate in domestic and international markets.
The TA will support the Government in streamlining its standardization and certification processes while implementing an integrated market access program to promote select high-end CSI products.

Some methods outlined are to:

1) capitalize on the unique features of Bhutanese CSI products demonstrated in aspirations of Brand Bhutan, CSIs must leverage on this brand to gain exposure first and then sustained access to international market.
2) enhance packaging methods for CSI products to realize the aspirations of Brand Bhutan and enhance access to regional and international market.
3) enable high growth potential CSI's to become competitive in creating a niche in regional and international markets and to mainstream CSIs into the economy (footnote 3). To help the government achieve the results of the program, it is important to rally all possible support to consolidate these results and fill in missing links.

The aim would be increased contribution of CSIs to GDP and employment due to an improvement of CSI's access to the higher value domestic and international market."

 

Investment Description
  • Asian Development Bank (ADB)
Contact Information

Responsible ADB Officer Tshering, Nidup
Responsible ADB Department South Asia Department
Responsible ADB Division BHRM

Executing Agencies
Ministry of Economic Affairs
Thimphu, Bhutan

---
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