Agriculture Competitiveness Project (WB-P161473)

Countries
  • Laos
Where the impacts of the investment may be experienced.
Specific Location
National-wide. Agriculture sector
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
Financial Institutions
  • World Bank (WB)
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
B
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
Apr 26, 2018
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
Lao People's Democratic Republic
The holder of the loan, grant, or other investment.
Sectors
  • Agriculture and Forestry
  • Climate and Environment
  • Industry and Trade
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 25.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 29.30 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Bank Documents
Primary Source

Original disclosure @ WB website

Updated in EWS Jan 31, 2019

Disclosed by Bank Apr 4, 2017


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Project Description

The development objective of Agriculture Competitiveness Project is to increase the competitiveness of selected agricultural value chains in the project areas.

There are 4 components:

1) Improved Agricultural Efficiency and Sustainability aims to improve quality and diversity of seed.

2) Enhanced Agricultural Commercialization aims to support (a) the establishment of an Agricultural Value Chain Facility (AVCF); (b) measures to better link farmers to markets; and (c) studies to improve the enabling environment for agro-enterprise and value chain development.

3) Project Management aims to support the project management and project monitoring and evaluation (M&E).

4) Contingent Emergency Response aims to finance public and private sector expenditures on a positive list of goods and/or specific works, goods, services, and emergency operation costs required for emergency recovery

Early Warning System Project Analysis

Even though the project risk is ranked as B Category, there are several important safeguard policies that being triggered as:

Physical Cultural Resources OP/BP 4.11

Indigenous Peoples OP/BP 4.10

Involuntary Resettlement OP/BP 4.12

Safety of Dams OP/BP 4.37, and

Projects on International Waterways OP/BP 7.50

"This policy is triggered. The project involves the rehabilitation of irrigation systems located in tributaries which are part of the Mekong River basin. At the request of the GOL (Government of Lao PDR), the World Bank sent a notification letter on behalf of the GOL on December 14, 2017, informing riparian countries including China, Myanmar, Thailand, Cambodia, and Vietnam of the proposed The World Bank Agriculture Competitiveness Project (P161473) project. On February 22, 2018, China issued its no objection letter to the proposed project while there have been no responses by the other riparian countries to the notification letters so far. In the World Bank’s assessment, the proposed investments would not adversely affect the flow, quantity, and quality of the Mekong River’s waters”.

Investment Description
  • World Bank (WB)

Financing Source Amount
Borrowing Agency                                 US$  0.50
IDA-62050                                           US$ 25.00
Local Sources of Borrowing Country        US$  3.80
Total                                                    US$ 29.30

Contact Information

I.World Bank Consultant Team
Binh Thang Cao
Sr Agricultural Spec.
Konesawang Nghardsaysone: Economist


II.Borrower/Client/Recipient
Lao People's Democratic Republic
Name: Phouang Parisak Pravongviengkham
Title: Vice Minister - Ministry of Agriculture and Forestry
Email: pppravongviengkham@yahoo.com


III.Implementing Agencies
Department of Planning and Finance
Name: Xaypladeth Choulamany
Title: Director - Department of Planning and Cooperation
Email: Xaypladethchoulamany@yahoo.com

FOR MORE INFORMATION CONTACT
The World Bank
1818 H Street, NW
Washington, D.C. 20433
Telephone: (202) 473-1000
Website: http://www.worldbank.org/projects

ACCOUNTABILITY MECHANISM OF WORLD BANK

The World Bank Inspection Panel is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by a World Bank-financed project. If you submit a complaint to the Inspection Panel, they may investigate to assess whether the World Bank is following its own policies and procedures for preventing harm to people or the environment. You can contact the Inspection Panel or submit a complaint by emailing ipanel@worldbank.org. You can learn more about the Inspection Panel and how to file a complaint at: http://ewebapps.worldbank.org/apps/ip/Pages/Home.aspx.