Montenegro Second Institutional Development and Agriculture Strengthening Project (WB-P164424)

Countries
  • Montenegro
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
Jan 11, 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
Ministry of Finance
The holder of the loan, grant, or other investment.
Sectors
  • Agriculture and Forestry
  • Construction
  • 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)
$ 34.89 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)
$ 34.89 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 17, 2018

Disclosed by Bank Aug 28, 2017


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Project Description
This project provides financing to enhance government support for agriculture and fisheries in Montenegro. Project components include strengthening the agriculture, rural development, and fisheries program, support for food safety, veterinary and phytosanitary services, and the modernization of the fisheries sector through capacity building and the development of coastal landing sites. The project will involve small-scale construction of barns, farm facilities, manure management platforms, and traditional katuni huts.
Investment Description
  • World Bank (WB)
Contact Information
Ministry of Agriculture and Rural Development Blagota Radulovic Director of Directorate for Payments blagota.radulovic@mpr.gov.me Milos Stunarovic Project Manager milos.sturanovic@t-com.me 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.