Bhutan : BHU: Development of Non-energy Private Sector Projects
The Government of Bhutan has tasked Druk Holding and Investments Limited (DHI) to identify new industries whre commercially viable private sector projects could be developed and create more employment. To assist DHI in implementing the task, the project team has proposed the S-PPTA.
Project Details
-
Project Officer
Aoki, Ichiro
Private Sector Operations Department
Request for information -
Country/Economy
Bhutan -
Modality
-
Sector
- Industry and trade
| Project Name | BHU: Development of Non-energy Private Sector Projects | ||||
| Project Number | 48911-001 | ||||
| Borrower / Company | |||||
| Country / Economy | Bhutan |
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| Location | |||||
| Type or Modality of Assistance |
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| Strategic Agendas | Environmentally sustainable growth Inclusive economic growth |
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| Drivers of Change | Private sector development |
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| Sector / Subsector | Industry and trade / Large and medium industries |
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| Gender | Some gender elements | ||||
| Responsible ADB Department | Private Sector Operations Department | ||||
| Responsible ADB Division | Infrastructure Finance Division 1 | ||||
| Responsible ADB Officer | Aoki, Ichiro | ||||
| Project Sponsor(s) | |||||
| Objectives and Scope | The Government of Bhutan has tasked Druk Holding and Investments Limited (DHI) to identify new industries whre commercially viable private sector projects could be developed and create more employment. To assist DHI in implementing the task, the project team has proposed the S-PPTA. | ||||
| Linkage to Country/Regional Strategy | The proposed S-PPTA is aligned with the Bhutan Country Partnership Strategy (CPS), 2014-2018, which mentions private sector development as one of the key agenda. The CPS states that, while Bhutan_s investment rate is expected to remain high, most of the investments are likely to continue going into the hydropower sector. In order to diversify the economic base and to create more job opportunities, promotion of private sector development is of critical importance for the country. | ||||
| Safeguard Categories | |
|---|---|
| Environment | |
| Involuntary Resettlement | |
| Indigenous Peoples | |
| Summary of Environmental and Social Aspects | |
|---|---|
| Environmental Aspects | |
| Involuntary Resettlement | |
| Indigenous Peoples | |
| Stakeholder Communication, Participation, and Consultation | |
| Business Opportunities | |
|---|---|
| Consulting Services | Type of Consultant: Firm The consultant is required to have expertise and technical qualification including, but not limited to the following: (i) proven track record of working for private companies in South Asia, ideally in Bhutan, (ii) sound knowledge of global practice in starting business; (iii) clear understanding of the market dynamics in each business category which the executing agency envisages; (iv) sound knowledge of Bhutan's commercial regulations and legislations relevant for the envisaged business; and (vii) expertise in formulating business plans and associated financing strategy. |
| Timetable for assistance design, processing and implementation | |
|---|---|
| Concept Clearance | - |
| Credit Committee Meeting | - |
| Approval | 21 Nov 2014 |
| PDS Creation Date | 10 Dec 2014 |
| Last PDS Update | 12 Dec 2014 |
TA 8770-BHU
| Milestones | |||||
|---|---|---|---|---|---|
| Approval | Signing Date | Effectivity Date | Closing | ||
| Original | Revised | Actual | |||
| 21 Nov 2014 | - | 21 Nov 2014 | 31 Mar 2015 | 31 Aug 2016 | 31 Oct 2016 |
| Financing Plan/TA Utilization | Cumulative Disbursements | |||||||
|---|---|---|---|---|---|---|---|---|
| ADB | Cofinancing | Counterpart | Total | Date | Amount | |||
| Gov | Beneficiaries | Project Sponsor | Others | |||||
| 225,000.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 225,000.00 | 12 Dec 2014 | 147,000.00 |
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 Access to Information Policy (AIP) 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.
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| Title | Document Type | Document Date |
|---|---|---|
| Development of Non-energy Private Sector Projects: Technical Assistance Completion Report | Completion Reports | Sep 2017 |
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.
None currently available.
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.
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