Regional: Climate Resilience Capacity Building for Women in Poultry and Fish Farming

Nonsovereign Project | 54197-002

The proposed transaction technical assistance (TA) grant is designed to complement the ensuing loan of up to $20 million to New Hope Singapore Pte. Ltd. (NHS), for the Livestock Production Support and Food Security Project in Bangladesh, Cambodia, Indonesia, Lao People's Democratic Republic (Lao PDR), Myanmar, Nepal, Philippines, Sri Lanka, and Viet Nam.

The loan will support NHS' emergency response operating expenses and increased working capital needs in South and Southeast Asia during the coronavirus disease (COVID-19) outbreak. The sustainable operations of NHS' feed mills, livestock farms, and contract farmers will ensure the stable local supply of affordable animal proteins, which will contribute to food security in the nine developing member countries (DMCs) included in the project scope. The project will also help to preserve the livelihoods of workers and smallholder farmers and will promote South-South investment and trade.

Project Details

  • Project Officer
    Lemoine, Martin
    Private Sector Operations Department
    Request for information
  • Country
    Regional
  • Sector
    • Agriculture, natural resources and rural development
Project Name Climate Resilience Capacity Building for Women in Poultry and Fish Farming
Project Number 54197-002
Borrower/Company
Country Regional
Bangladesh
Philippines
Location Bangladesh - Nation-wide; Philippines - Nation-wide
Type or Modality of Assistance
6714 Technical Assistance USD 300,000 Proposed
6714 Technical Assistance USD 200,000 Proposed
Strategic Agendas Environmentally sustainable growth
Inclusive economic growth
Drivers of Change Partnerships
Private sector development
Sector / Subsector

Agriculture, natural resources and rural development / Agricultural production

Gender Equity and Mainstreaming Effective gender mainstreaming
Responsible ADB Department Private Sector Operations Department
Responsible ADB Division Office of the Director General, PSOD
Responsible ADB Officer Lemoine, Martin
Project Sponsor(s)
Objectives and Scope

The proposed transaction technical assistance (TA) grant is designed to complement the ensuing loan of up to $20 million to New Hope Singapore Pte. Ltd. (NHS), for the Livestock Production Support and Food Security Project in Bangladesh, Cambodia, Indonesia, Lao People's Democratic Republic (Lao PDR), Myanmar, Nepal, Philippines, Sri Lanka, and Viet Nam.

The loan will support NHS' emergency response operating expenses and increased working capital needs in South and Southeast Asia during the coronavirus disease (COVID-19) outbreak. The sustainable operations of NHS' feed mills, livestock farms, and contract farmers will ensure the stable local supply of affordable animal proteins, which will contribute to food security in the nine developing member countries (DMCs) included in the project scope. The project will also help to preserve the livelihoods of workers and smallholder farmers and will promote South-South investment and trade.

Linkage to Country/Regional Strategy

The project is aligned with Strategy 2030 which calls for ADB to scale up its financing for agribusiness and to promote gender equality in at least 75% of the number of ADBs committed operations by 2030. The project is also aligned with Operational Plan for Private Sector Operations which promotes working with Tier-2 agribusiness companies such as NHL. The project is consistent with ADBs country partnership strategies of the eight DMCs which support: (i) improvement of productivity and commercialization of agriculture; (ii) rural infrastructure development and agriculture diversification; and (iii) inclusion of smallholder farmers in value chains.

The project is consistent with Strategy 2030s Operational Plan for Priority 1 (Addressing Remaining Poverty and Reducing Inequalities) which aims to improve standards of living for poor and vulnerable people; Operational Plan for Priority 2 (Gender Equality and Womens Empowerment) to protect women workers and farmers during COVID-19; Operational Plan for Priority 5 (Promoting Rural Development and Food Security, 20192024), to promote food security and agricultural productivity to provide sufficient, safe, and affordable food; and Operational Plan for Priority 7 (Fostering Regional Cooperation and Integration) to promote (i) agriculture trade and foreign direct investment in low-income countries and (ii) PSOD investment in cross border operations in agriculture value chains. The project is part of ADBs Comprehensive Response to COVID-19 Pandemic which proposed $20 billion to address the needs of ADBs DMCs to respond to COVID-19 pandemic. ADBs Comprehensive Response to COVID-19 Pandemic includes $1.8 billion funding for non-sovereign facilities to enable ADB to scale up its support for private entities. The project will complement sovereign COVID-19 response projects in South and Southeast Asia to provide COVID-19 response for the poor and vulnerable households.

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 05 Feb 2021

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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Evaluation Documents See also: Independent Evaluation

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Related Publications

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