Pakistan Dairy Market Development (IFC-604135)

Countries
  • Pakistan
Geographic location 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
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
U
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Voting Date
Jun 27, 2019
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
Borrower
No borrower available at the time of the snapshot
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Agriculture and Forestry
  • Law and Government
The service or industry focus of the investment. A project can have several sectors.
Project Cost (USD)
$ 0.38 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Primary Source

Original disclosure @ IFC website

Updated in EWS Jan 17, 2021

Disclosed by Bank Oct 12, 2020

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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

The Project goal is to unlock the potential of the Pakistani dairy industry to attract investments by facilitating a favorable regulatory environment and by creating awareness about the advantages and nutritional value of packaged milk products, thus promoting the general population`s access to high quality, healthy and nutritious dairy products.

The project also aims to support Pakistani dairy industry stakeholders in designing and implementing a pilot School Milk Program (SMP). The objective of this pilot is to develop and validate a sustainable partnership model between the private sector and the Government of Pakistan (GoP), and to demonstrate how the GoP can achieve its strategic priorities related to improving the livelihood of small farmers and the health of the general population by developing human capital.

 

People Affected By This Project
People Affected By This Project refers to the communities of people likely to be affected positively or negatively by a project.

It is expected that the Project will build up the capacity of the Pakistan Dairy Association and its members on promoting improvements in regulations and in
government policies for the dairy industry. In order to achieve this, the Project will conduct a diagnostic of the regulatory and policy issues obstructing the
development of the industry and it will hold a series of meetings and workshops with industry stakeholders in order to build up their capacity on working with the
government on addressing these issues. 

Investment Description
Here you can find a list of individual development financial institutions that finance the project.

No investment type available at the time of the snapshot


Contact Information
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ACCOUNTABILITY MECHANISM OF IFC/MIGA

The Compliance Advisor Ombudsman (CAO) is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an IFC or MIGA- financed project. If you submit a complaint to the CAO, they may assist you in resolving a dispute with the company and/or investigate to assess whether the IFC is following its own policies and procedures for preventing harm to people or the environment. If you want to submit a complaint electronically, you can email the CAO at CAO@worldbankgroup.org You can learn more about the CAO and how to file a complaint at http://www.cao-ombudsman.org

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How it works