Enhancing Rural Enterprise and Rural Employment Project (ADB-48144-001)

Countries
  • Philippines
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
Approved
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.
Voting Date
Dec 18, 2014
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
Government of the Philippines, Department of Trade and Industry
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)
Advisory Services, Grant
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 1.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Grant Amount (USD)
$ 1.00 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 12, 2017

Disclosed by Bank Mar 31, 2017


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Project Description
According to Technical Assistance Report, the TA is estimated to cost $1 million equivalent, financed on a grant basis by ADB’s Technical Assistance Special Fund. The Project Preparatory Technical Assistance will be divided into two parts: (i) Part A-Review of rural employment and rural enterprise projects1 and (ii) Part B-Overall design and due diligence of the rural enterprise and rural employment project including development of inclusive business investments through partnership with the private sector and identification of policy issues.
Investment Description
  • Asian Development Bank (ADB)
Contact Information
Project Officer: Matsuda, Hideki Southeast Asia Department No contact information provided at the time of disclosure Executing Agency: Department of Trade and Industry Lydia R. Guevarra, Director Email Address: LydiaGuevarra@dti.gov.ph 4th Flr., Industry & Investment Building 385 Sen. Gil J. Puyat Avenue, Makati Philippines 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