Rakhine Recovery and Development Support Project (WB-P168797)

Countries
  • Myanmar
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
Bank Risk Rating
A
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
Republic of the Union of Myanmar
The holder of the loan, grant, or other investment.
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, etc.
Investment Amount (USD)
$ 100.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. 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, converted to USD$. 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, converted to USD$. Please see updated project documentation 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

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
  • World Bank (WB)

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

Contact Information

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.