PNG Agriculture Commercialization and Diversification Project (WB-P166222)

Countries
  • Papua New Guinea
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
Proposed
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.
Borrower
Government of Papua New Guinea
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 Amount (USD)
$ 40.00 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)
$ 40.00 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 11, 2019

Disclosed by Bank May 7, 2018


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Project Description

The project aims to increase the productivity and access to markets of target smallholder farmers and small and medium enterprises (SMEs) for selected agricultural value-chains, in selected economic corridors.

Investment Description
  • World Bank (WB)
Contact Information
World Bank
Stephane Forman
Sr Agricultural Spec.

Borrower/Client/Recipient
Department of National Planning and Monitoring
Hakaua Harry, Secretary
hakaua_harry@planning.gov.pg

Independant State of Papua New Guinea
Dairi Vele, Secretary
dairi_vele@treasury.gov.pg

Implementing Agencies
Department of Agriculture and Livestock
Vele Pat Ila'Ava, Secretary
vpilaava100261@gmail.com


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.