Samoa: Samoa AgriBusiness Support Project
ADB is supporting a project in Samoa that will provide business support services and financing to agribusinesses. The project will help develop sustainable agribusinesses through such services as improving product quality. It will provide suitable financing to partner agribusinesses by working with participating commercial banks.
Project Details
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Project Officer
Bharat, Vimlesh Vikash
Pacific Department
Request for information -
Country
Samoa -
Modality
- Grant
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Sector
- Agriculture, natural resources and rural development
Related Projects
| Project Name | Samoa AgriBusiness Support Project | ||||||||
| Project Number | 46436-002 | ||||||||
| Country | Samoa |
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| Project Status | Active | ||||||||
| Project Type / Modality of Assistance | Grant |
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| Source of Funding / Amount |
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| Strategic Agendas | Inclusive economic growth |
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| Drivers of Change | Gender Equity and Mainstreaming Partnerships Private sector development |
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| Sector / Subsector | Agriculture, natural resources and rural development / Agro-industry, marketing, and trade |
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| Gender Equity and Mainstreaming | Effective gender mainstreaming | ||||||||
| Description | The project will promote commercializing and exporting agricultural produce and processed products along agro-value chains to stimulate agriculture's role in economic growth and poverty reduction in Samoa. It will provide business support services and financing to agribusinesses. | ||||||||
| Project Rationale and Linkage to Country/Regional Strategy | Samoa has yet to return to pre-tsunami (2009) economic growth levels which the government seeks to redress through promoting tourism and agriculture. Revitalizing agriculture and increasing exports feature therefore prominently in the government's policy framework including the Strategy for Development of Samoa, the Agricultural Sector Plan, and the National Export Strategy. In the agribusiness subsector, including commercial farming and agro-industrial enterprises, trade statistics show a total agriculture food export (fresh and processed) decline from ST61 million in 2002 to ST45 million in 2012. Agribusinesses are critical for stimulating agricultural production. Even though their total number is small, they support many mall holder farms through supply chain arrangements. |
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| Impact | Agriculture sector regains its prominence for the Samoan economy | ||||||||
| Project Outcome | |
|---|---|
| Description of Outcome | Selected commercial agribusinesses grow sustainably |
| Progress Toward Outcome | ANZ, Bank of South Pacific, Samoa Commercial Bank, and the National Bank of Samoa have joined the project and have drawn down the funds. The four banks provide loans to agribusinesses, and cash collateral provided by the project secures up to 50% of the loans. At present, 31 loans utilizing total cash collateral of ST3,620,295 have been made to 26 clients, 18 of which are woman-owned or woman-managed. |
| Implementation Progress | |
| Description of Project Outputs | Partner agribusinesses are provided with suitable financing instruments Partner agribusinesses are provided with business support services Project is efficiently and effectively managed |
| Status of Implementation Progress (Outputs, Activities, and Issues) | The facility manager has been providing support to the agribusinesses, and 36 active agribusinesses are under the Business Support Services component; 10 businesses have been provided with business support services that are not linked to bank loan raising. Ongoing. 26 businesses (72%) are women-managed or women-owned. Ongoing. 100% of cash collateral funds have been committed and disbursed to 4 participating banks. Banks utilized $1.40million of this fund as of 31 March 2021 26 businesses were approved for financing. 18 of them are women-owned/managed. Compliant to date. Comprehensive M&E data are not available and data collection was not regular. A gender awareness training was held by PARD specialists for the Project Management Unit (PMU) and the four commercial banks in Samoa. The half day training was attended by 10 people representing the ANZ Bank, Bank of the South Pacific, National Bank of Samoa, Samoa Commercial Bank, and the AgriBusiness PMU. Quarterly progress reports received but with some delay and they should be improved. |
| Geographical Location | |
| Safeguard Categories | |
|---|---|
| Environment | FI |
| Involuntary Resettlement | FI-C |
| Indigenous Peoples | FI-C |
| Summary of Environmental and Social Aspects | |
|---|---|
| Environmental Aspects | An Environmental and Social Management System Arrangement has been prepared for the project since the specific enterprises to be supported by the project are unknown at this stage. |
| Involuntary Resettlement | The project is not expected to involve physical displacement or involuntary acquisition of land. Any purchase/lease of freehold land or leasing of customary land for agricultural production will be undertaken through voluntary agreements between private agribusiness enterprises and landowners on a willing-buyer/willing-seller basis or with full consent of the landowners. |
| Indigenous Peoples | The project is not expected to impact any distinct and vulnerable group of indigenous peoples as defined under ADB's Safeguards Policy Statement 2009. Community consultations will be undertaken and engagement with rural households will be done. |
| Stakeholder Communication, Participation, and Consultation | |
| During Project Design | The government, and civil society organizations (including the Chamber of Commerce, the Samoa Association of Manufacturers and Exporters, and the Samoa Farmers Association) were consulted during project preparation. |
| During Project Implementation | A private sector representative will sit on the project advisory committee. The gender action plan provides for the equitable participation of women in the project. Community consultation will be required for agro-industrial facilities in accordance with Samoan environmental impact assessment regulations. |
| Responsible ADB Officer | Bharat, Vimlesh Vikash |
| Responsible ADB Department | Pacific Department |
| Responsible ADB Division | Pacific Liaison and Coordination Office in Sydney, Australia |
| Executing Agencies |
Ministry of Finance [email protected] Ministry of Finance Government of Samoa Private Bag, Apia, Samoa Ministry of Finance Ministry of Finance Government of Samoa Private Bag, Apia, Samoa |
| Timetable | |
|---|---|
| Concept Clearance | 04 Dec 2012 |
| Fact Finding | 20 Jan 2014 to 24 Jan 2014 |
| MRM | 19 Feb 2014 |
| Approval | 17 Jun 2014 |
| Last Review Mission | - |
| Last PDS Update | 26 Jul 2021 |
Grant 0392-SAM
| Milestones | |||||
|---|---|---|---|---|---|
| Approval | Signing Date | Effectivity Date | Closing | ||
| Original | Revised | Actual | |||
| 17 Jun 2014 | 19 Jun 2014 | 04 Aug 2014 | 31 Jan 2022 | 31 Jan 2024 | - |
| Financing Plan | Grant Utilization | ||||
|---|---|---|---|---|---|
| Total (Amount in US$ million) | Date | ADB | Others | Net Percentage | |
| Project Cost | 10.34 | Cumulative Contract Awards | |||
| ADB | 5.00 | 18 Nov 2021 | 4.74 | 0.00 | 95% |
| Counterpart | 5.34 | Cumulative Disbursements | |||
| Cofinancing | 0.00 | 18 Nov 2021 | 4.58 | 0.00 | 92% |
| Status of Covenants | ||||||
|---|---|---|---|---|---|---|
| Category | Sector | Safeguards | Social | Financial | Economic | Others |
| Rating | Satisfactory | Satisfactory | Satisfactory | Satisfactory | Satisfactory | Satisfactory |
Grant 0539-SAM
| Milestones | |||||
|---|---|---|---|---|---|
| Approval | Signing Date | Effectivity Date | Closing | ||
| Original | Revised | Actual | |||
| 18 Jul 2017 | 08 Sep 2017 | 03 Nov 2017 | 31 Jan 2022 | 31 Jan 2023 | - |
| Financing Plan | Grant Utilization | ||||
|---|---|---|---|---|---|
| Total (Amount in US$ million) | Date | ADB | Others | Net Percentage | |
| Project Cost | 0.75 | Cumulative Contract Awards | |||
| ADB | 0.00 | 18 Nov 2021 | 0.00 | 0.34 | 45% |
| Counterpart | 0.00 | Cumulative Disbursements | |||
| Cofinancing | 0.75 | 18 Nov 2021 | 0.00 | 0.10 | 13% |
| Status of Covenants | ||||||
|---|---|---|---|---|---|---|
| Category | Sector | Safeguards | Social | Financial | Economic | Others |
| Rating | Satisfactory | Satisfactory | Satisfactory | Satisfactory | Satisfactory | Satisfactory |
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.
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Safeguard Documents See also: Safeguards
Safeguard documents provided at the time of project/facility approval may also be found in the list of linked documents provided with the Report and Recommendation of the President.
Evaluation Documents See also: Independent Evaluation
None currently available.
Related Publications
None currently available.
The Access to Information Policy (AIP) establishes the disclosure requirements for documents and information ADB produces or requires to be produced in its operations to facilitate stakeholder participation in ADB's decision-making. For more information, refer to the Safeguard Policy Statement, Operations Manual F1, and Operations Manual L3.
Requests for information may also be directed to the InfoUnit.
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Australia Gives Additional Financing Through ADB to Further Boost Samoa Agribusiness
ADB and the Government of Samoa today signed a grant agreement of AU$1 million ($750,000) additional financing provided by the Government of Australia to further strengthen the agribusiness sector in the country. -
Australia Provides Additional Funding to Agribusiness Project in Samoa
Australia has provided additional financing to the ongoing Samoa Agribusiness Support Project designed to boost the south Pacific nation’s economic performance by addressing challenges hindering increased trade and export.
Tenders
| Tender Title | Type | Status | Posting Date | Deadline |
|---|---|---|---|---|
| Agribusiness Finance Expert | Individual - Consulting | Closed | 11 Jul 2019 | 05 Aug 2019 |
| Business Support Service Consultant | Individual - Consulting | Closed | 11 Jul 2019 | 05 Aug 2019 |
| Monitoring and Evaluation (M&E) Consultant | Individual - Consulting | Closed | 11 Jul 2019 | 05 Aug 2019 |
| National Facility Manager | Individual - Consulting | Closed | 22 Sep 2017 | 28 Sep 2017 |
Contracts Awarded
No contracts awarded for this project were found
Procurement Plan
| Title | Document Type | Document Date |
|---|---|---|
| Samoa AgriBusiness Support Project: Procurement Plan | Procurement Plans | May 2014 |