Ag Input Reforms (IFC-600996)

Countries
  • Myanmar
Where the impacts of the investment may be experienced.
Financial Institutions
  • International Finance Corporation (IFC)
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
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.
Sectors
  • Agriculture and Forestry
  • Law and Government
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
$ 2.20 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 @ IFC website

Updated in EWS Mar 27, 2019

Disclosed by Bank Dec 1, 2017


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Project Description

According to IFC website, The objective of the project is to improve productivity, increase incomes and improve quality in the agricultural sector by:
1. removing legal and regulatory obstacles to enhance the role of the private sector in providing agricultural inputs, especially seed, fertilizer and crop protection products; 2. developing quality standards for key export commodities and local food processing, and 3. developing skills related to the use of agricultural inputs and improved quality standards.

This will be achieved by: 1. Assisting the government to develop and implement seed certification and licensing regulations to enhance the role of the private sector;
2. Supporting organizational and operations to establish risk based inspections process to improve quality and user confidence in fertilizer and crop protection products;
3. Facilitating the establishment of quality standards for Myanmar's primary agricultural export crops (rice, pulses and sesame) as well as for local food processors; and
4. Developing sector specific solutions for the delivery of skills to agribusiness firms; agricultural input providers, domestic seed companies, and local food processors as a means to increase the quantity, quality and efficacy of agricultural input usage in Myanmar.

Investment Description
  • International Finance Corporation (IFC)
Contact Information

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