Regional: ECOM COVID-19 Smallholder Farmer Climate Resilience and Livelihood Support Project

Nonsovereign Project | 55106-001

Proposed loan of up to $60,000,000, in United States dollars, to ECOM Agroindustrial Corp. Limited (EACL) and to ECOM Agroindustrial Asia Pte. Limited (EAA) for the Ecom COVID-19 Smallholder Farmer Livelihood Support Project in Viet Nam, India, Indonesia, and Papua New Guinea (PNG). The report also describes the proposed administration of a concessional loan of up to $1,200,000 to be provided by the Australian Climate Finance Partnership (ACFP); and if the Board approves the proposed loan, I acting under the authority delegated to me by the Board, approve the administration of the ACFP loan.

Project Details

  • Project Officer
    Donges, Carine Sophie
    Private Sector Operations Department
    Request for information
  • Approval Date
    14 December 2021
  • Country
    Regional
  • Sector
    • Agriculture, natural resources and rural development
Project Name ECOM COVID-19 Smallholder Farmer Climate Resilience and Livelihood Support Project
Project Number 55106-001
Borrower/Company ECOM Agroindustrial Asia Pte. Ltd.
ECOM Agroindustrial Corp. Limited
Country Regional
India
Indonesia
Papua New Guinea
Viet Nam
Location India - Nation-wide; Indonesia - Nation-wide; Papua New Guinea - Nation-wide; Viet Nam - Nation-wide
Type or Modality of Assistance
Loan Ordinary capital resources USD 60.00 million Approved
Strategic Agendas Environmentally sustainable growth
Inclusive economic growth
Regional integration
Drivers of Change Partnerships
Private sector development
Sector / Subsector

Agriculture, natural resources and rural development / Agro-industry, marketing, and trade

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 Donges, Carine Sophie
Project Sponsor(s)
Description Proposed loan of up to $60,000,000, in United States dollars, to ECOM Agroindustrial Corp. Limited (EACL) and to ECOM Agroindustrial Asia Pte. Limited (EAA) for the Ecom COVID-19 Smallholder Farmer Livelihood Support Project in Viet Nam, India, Indonesia, and Papua New Guinea (PNG). The report also describes the proposed administration of a concessional loan of up to $1,200,000 to be provided by the Australian Climate Finance Partnership (ACFP); and if the Board approves the proposed loan, I acting under the authority delegated to me by the Board, approve the administration of the ACFP loan.
Objectives and Scope
Linkage to Country/Regional Strategy
Safeguard Categories
Environment C
Involuntary Resettlement C
Indigenous Peoples C
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 14 Dec 2021
Last PDS Update 14 Dec 2021

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Related Publications

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