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

Countries
  • Pakistan
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
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
Dec 15, 2017
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 Pakistan
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)
Loan
The categories of the bank investment: loan, grant, etc.
Loan Amount (USD)
$ 300.00 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)
$ 300.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation 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
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
  • World Bank (WB)
Contact Information
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.