Rakhine Recovery and Development Support Project (WB-P168797)

Countries
  • Myanmar
Geographic location where the impacts of the investment may be experienced.
Specific Location
Rakhine State
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
Proposed
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
A
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."
Borrower
Republic of the Union of Myanmar
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Finance
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.
Investment Amount (USD)
$ 100.00 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.
Loan Amount (USD)
$ 100.00 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)
$ 100.00 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 Sep 16, 2019

Disclosed by Bank May 10, 2019


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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.

According to the bank document, the Project Development Objective is to improve access to economic opportunities for diverse communities in selected areas of Rakhine State. It includes 3 components: 

Component 1: Productive inclusion
Component 1 will seek to improve the resilience of poor and vulnerable households in selected areas of Rakhine State through productive inclusion activities. This will comprise a combination of access to a cash-for-work program to generate short-term income, and livelihoods training combined with small asset transfers to support longer-term income-generating opportunities.

Component 2: Improving livelihoods
Component 2 will support the growth and development of Small and Medium Enterprises (SMEs) in selected areas of Rakhine State. This component will introduce pilot interventions to test the feasibility of activities to support entrepreneurs and SMEs on an inclusive basis. Examples of interventions that may be piloted include financial assistance to entrepreneurs and SMEs in the form of grants or matching grants that may be coupled with business support services. Support may be provided via business plan competitions or similar mechanisms. The component will likely focus its support on value chains with higher job creation potential for diverse communities.

Component 3: Project management, monitoring and evaluation
Component 3 will finance technical and operational assistance for the day-to-day management and implementation of the project. It will provide institutional support and capacity development for project management, coordination, technical assistance and safeguards, implementation, and monitoring and evaluation, including the costs of information and communications technology (ICT) and geo-enabling tools.

The use of third-party monitoring is also being considered to strengthen monitoring and evaluation (M&E) of the project. This component will also include diversity and conflict sensitivity training for implementing agency staff and all implementing partners. It will also finance activities for citizen engagement, routine and third-party M&E if applicable, as well as enhanced M&E in areas that are politically and/or socially sensitive. Finally, this component will include technical assistance to provide analytical and advisory inputs on key strategic issues for Rakhine State’s economic development, including ongoing large-scale infrastructure investments.

Investment Description
Here you can find a list of individual development financial institutions that finance the project.

International Development Association (IDA - World Bank) US$ 100.00 million


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.

1/ World Bank
Mauro Testaverde, Claudia Zambra Taibo. Senior Economist

2/Borrower/Client/Recipient
Republic of the Union of Myanmar

3/Implementing Agencies
Ministry of Agriculture, Livestock, and Irrigation
Contact: Aung Thu
Position: Union Minister
Email: contact@e-moali.gov.mm

State Counsellor Office
Contact: Khin Maung Tin
Position: Deputy Minister
Email: statecounselloroffice@mm.gov

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

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.

How it works

How it works