Agriculture, natural resources and rural development / Agricultural production

The technical assistance (TA) is designed to complement the approved loan of up to $100,000,000 to Olam International Limited (Olam), a global agribusiness company that provides an end-to-end supply chain solution for a variety of agricultural raw materials and food ingredients. The loan will support Olam' $223 million capex and expansion plan over the 2017-2019 period invest in Olam' midstream processing assets and permanent working capital for smallholder farmer supply in Timor-Leste, Papua New Guinea (PNG), Viet Nam, and Indonesia. The project will promote inclusive and sustainable agricultural value chains with higher local value addition in Southeast Asia and the Pacific.

The TA (including a grant of up to $400,000 from the Canadian Climate Fund for the Private Sector in Asia) will complement the loan by providing capacity building support to 20,000 smallholder coffee farmers that Olam sources from across Timor-Leste, Indonesia, Viet Nam, and PNG. The TA will help smallholder coffee farmers fully benefit from their inclusion in the coffee value chain by meeting international certification standards and improving the productivity and quality of crops. The TA will also ensure that these farmers are better prepared to cope with the negative consequences of climate change.