Punjab Agriculture and Rural Transformation P4R Program (WB-P162446)

Countries
  • Pakistan
Geographic location where the impacts of the investment may be experienced.
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
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
B
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
Dec 15, 2017
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
Government of Pakistan
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Agriculture and Forestry
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, guarantee, technical assistance, advisory services, equity and fund.
Loan Amount (USD)
$ 300.00 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.
Project Cost (USD)
$ 300.00 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 @ WB website

Updated in EWS Jan 3, 2018

Disclosed by Bank Mar 27, 2017


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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 development objective of the Strengthening Markets for Agriculture and Rural Transformation (SMART) in Punjab Program Project for Pakistan is to increase the productivity of crop and livestock farmers, improve their climate resilience, and foster agribusiness development in Punjab. The proposed SMART Punjab Program aligns with the World Bank objectives of private sector development and inclusion, set out in the Country Partnership Strategy (CPS) (FY2015–20), and with the twin goals of ending extreme poverty and promoting shared prosperity. The SMART Punjab PforR will help the government promote transformational change in the crop and livestock subsectors by focusing on activities contributing to three Results Areas: (a) increased on-farm productivity and value of crops and livestock; (b) increased value addition and competitiveness of crops and livestock; and (c) enhanced resilience of smallholder farmers to climate change and natural disasters.
Investment Description
Here you can find a list of individual development financial institutions that finance the project.

Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.
PROJECT CONTACTS World Bank Contact: Johannes (Hans) Jansen Title: Senior Agriculture Economist Tel: +92 (0) 301 871 5906 Email: jjansen@worldbank.org Borrower/Client/Recipient Contact: Jehanzeb Khan Title: Chairman, Planning & Development Department, Government of Punjab Tel: +92 (0) 300 088 3399 Email: chairmanpnd@gmail.com Implementing Agencies Contact: Mohd. Mahmood Rai Title: Secretary, Agriculture Department Tel: +92 (0) 304 092 00009 Email: secyagri@punjab.gov.pk 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.

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