According to the bank website, the project complements the approved loan of up to $100,000,000 to Olam International Limited (Olam), a global agribusiness company that provides an end-to-end supply chain solution for a variety of agricultural raw materials and food ingredients. The loan will support Olam' $223 million capex and expansion plan over the 2017-2019 period invest in Olam' midstream processing assets and permanent working capital for smallholder farmer supply in Timor-Leste, Papua New Guinea (PNG), Viet Nam, and Indonesia. The project will promote inclusive and sustainable agricultural value chains with higher local value addition in Southeast Asia and the Pacific.
|Private Actor 1||Private Actor 1 Role||Private Actor 1 Sector||Relation||Private Actor 2||Private Actor 2 Role||Private Actor 2 Sector|
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Responsible ADB Department Private Sector Operations Department
Responsible ADB Division Office of the Director General, PSOD
Responsible ADB Officer Jeong, Juhyun
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