Regional : Olam International Limited: Inclusive, Sustainable, and Connected Coffee Value Chain (Subproject 2)

Nonsovereign Project | 51139-004

The proposed transaction technical assistance (TA) cluster is designed to complement the proposed loan of up to $100,000,000 to Olam International Limited (OIL) and two of its subsidiaries. The loan will support the $223,000,000 capex and expansion plan of OIL and its subsidiaries (Olam) over the 2017-2019 period and invest in Olam's midstream processing assets and permanent working capital for smallholder farmer supply in Indonesia, Timor-Leste, Papua New Guinea (PNG), and Viet Nam. The project will promote inclusive and sustainable agricultural value chains with higher local value addition in Southeast Asia and the Pacific. The TA subproject will complement the loan by providing capacity building support to 6,500 smallholder coffee farmers that Olam sources from in Timor-Leste.

Project Name Olam International Limited: Inclusive, Sustainable, and Connected Coffee Value Chain (Subproject 2)
Project Number 51139-004
Borrower / Company
Country / Economy Regional
Indonesia
Papua New Guinea
Timor-Leste
Viet Nam
Location Indonesia - Nation-wide; Papua New Guinea - Nation-wide; Timor-Leste - Nation-wide; Viet Nam - Nation-wide
Type or Modality of Assistance
TA 9521-REG: Olam International Limited: Inclusive, Sustainable, and Connected Coffee Value Chain (Subproject 2)
Technical Assistance Special Fund US$ 1.04 million
Canadian Climate Fund for the Private Sector in Asia under the Clean Energy Financing Partnership Facility US$ 160,000.00
Strategic Agendas Environmentally sustainable growth
Inclusive economic growth
Regional integration
Drivers of Change Knowledge solutions
Partnerships
Private sector development
Sector / Subsector

Agriculture, natural resources and rural development / Agricultural production

Gender Effective gender mainstreaming
Responsible ADB Department Private Sector Operations Department
Responsible ADB Division Office of the Director General, PSOD (OPSD)
Responsible ADB Officer Noorullah
Project Sponsor(s)
Objectives and Scope The proposed transaction technical assistance (TA) cluster is designed to complement the proposed loan of up to $100,000,000 to Olam International Limited (OIL) and two of its subsidiaries. The loan will support the $223,000,000 capex and expansion plan of OIL and its subsidiaries (Olam) over the 2017-2019 period and invest in Olam's midstream processing assets and permanent working capital for smallholder farmer supply in Indonesia, Timor-Leste, Papua New Guinea (PNG), and Viet Nam. The project will promote inclusive and sustainable agricultural value chains with higher local value addition in Southeast Asia and the Pacific. The TA subproject will complement the loan by providing capacity building support to 6,500 smallholder coffee farmers that Olam sources from in Timor-Leste.
Linkage to Country/Regional Strategy
Safeguard Categories
Environment
Involuntary Resettlement
Indigenous Peoples
Summary of Environmental and Social Aspects
Environmental Aspects
Involuntary Resettlement
Indigenous Peoples
Stakeholder Communication, Participation, and Consultation
Timetable for assistance design, processing and implementation
Concept Clearance -
Credit Committee Meeting -
Approval -
Last PDS Update 21 Aug 2023

TA 9521-REG

Milestones
Approval Signing Date Effectivity Date Closing
Original Revised Actual
10 May 2018 - 10 May 2018 30 Sep 2020 31 Jan 2023 -
Financing Plan/TA Utilization Cumulative Disbursements
ADB Cofinancing Counterpart Total Date Amount
Gov Beneficiaries Project Sponsor Others
1,040,000.00 160,000.00 0.00 0.00 0.00 0.00 1,200,000.00 09 Jun 2023 1,119,824.49

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