The World Bank Board of Directors will discuss the Poverty Alleviation and Agriculture-based Industry Pilot and Demonstration in Poor Areas Project on June 23rd on an Absence of Objection Basis. This project has a total value of $295 million, of which $150 million is provided by the World Bank.
The proposed Project Development Objective (PDO) is to develop and demonstrate rural value chains that promote equitable organizational arrangements, participation, and the suitable increase of income of target households in the project provinces of Gansu, Sichuan and Guizhou. This objective is to be achieved through the following 4 components:
- Integrated Value Chain Development ($195.7 million)
- Public Infrastructure and Services ($66.9 million)
- Research, Training and Extension ($0.7 million)
- Project Management, Monitoring and Evaluation ($10 million)