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34023-013: Plantation Development
Project Data Sheet (PDS): Overview
Description
The Project's goal is to ensure the long-term sustainability of the plantation sector without external assistance. The Project's objectives are to (i) enhance the profitability and financial position of the sector, and (ii) improve the living and working conditions of the estate workers. The Project area covers 15 districts where the regional plantation companies' estates are located. The Project components comprise (i) investment component to provide finance (in the form of credit or equity and... Read More
| Country |
Sri Lanka |
|---|---|
| Project Number | 34023-013 |
| Project Type or Modality of Assistance |
Loan |
| Financing | Public sector (Sovereign) |
| Status | Closed |
| Approval Numbers |
Loan No. 1913/1914 |
| Approval Date | 13 Sep 2002 |
| Closing Date | 22 Feb 2010 |
| ADB Financing ($ thousand) | 30,000 |
| Geographical Location | The Project area covers 15 districts where the regional plantation companies are located. |
| Sector / Subsector Classification |
Agriculture and natural resources / Agricultural Production and Markets |
| Thematic Classification | Economic growth |
| Safeguard Categories |
Environment: B Resettlement: C |
Results Delivered
| Classrooms built or upgraded (number) | 10 |
| Small and medium-sized enterprise loan accounts opened or end borrowers reached (number) | 8 |
| National highways and provincial, district, and rural roads built or upgraded (kilometers) | 260 |
| Beneficiaries from road projects (number) | 360,000 |
| New households served with sanitation (number) | 873 |
The results data reported above are limited to ADB's core sectors, as defined under Strategy 2020 and tracked through indicators in the ADB Results Framework. For definitions of results indicators, please see the ADB Results Framework Indicators Definition.
Related Projects
Project Data Sheets (PDS) contain summary information on the project or program. Because the PDS is a work in progress, some information may not be included in its initial version but will be added as it becomes available. Information about proposed projects is tentative and indicative.
The Public Communications Policy (PCP) recognizes that transparency and accountability are essential to development effectiveness. It establishes the disclosure requirements for documents and information ADB produces or requires to be produced.
The Accountability Mechanism provides a forum where people adversely affected by ADB-assisted projects can voice and seek solutions to their problems and report alleged noncompliance of ADB's operational policies and procedures.
In preparing any country program or strategy, financing any project, or by making any designation of, or reference to, a particular territory or geographic area in this document, the Asian Development Bank does not intend to make any judgments as to the legal or other status of any territory or area.
Responsible ADB Officer
Marzia Mongiorgi-Lorenzo
Email contact form
Responsible ADB Department
South Asia Department
Responsible ADB Divisions
Environment, Natural Resources & Agriculture Division, SARD
Executing Agencies
Ministry of Plantation Industries (MPI)
Raja Premadasa
Development Finance Corporation of Ceylon
Jayantha Nagendran
PDS Creation Date
12 Feb 2007
Last PDS Update
30 Mar 2009