Monday, 15 February 2016

Afghanistan New Market Development

The development objective of the New Market Development Project is to help in the revitalization of private sector activities in the four major urban cities of Kabul, Mazar-e-Sharif, Jalalabad and Herat through provision of business development technical assistance to support private firms' initiatives to gain market knowledge, improve product quality and processing technologies, and increase their presence in both domestic and export markets. This project paper seeks the approval of the Executive Directors to provide an International Development Association (IDA) grant in an amount of SDR 14 million (US$22 million equivalent) to the Islamic Republic of Afghanistan for an Afghanistan New Market Development Project (ANMDP). Additional resources will be sought to scale up the project if the pilot is successful in achieving its development objectives. The overall project will be managed by the Ministry of Commerce and Industry (MoCI) through a Kabul based project management unit (PMU) together with MoCI staff in each of the pilot cities by each provincial office. The utilization of the provincial offices is important as it sends a strong signal that the Government is serious about empowering cities to develop their economies, and harness these local energies.

Basic Information

Project IDP118053
StatusActive
Approval DateMay 3, 2011
Closing DateFebruary 29, 2016
CountryAfghanistan
RegionSouth Asia
Environmental CategoryB
Team LeaderKhaleda Atta, Guillemette Sidonie Jaffrin
Borrower***N/A
Implementing AgencyN/A
Total Project Cost**US$ 22.00  million
Commitment AmountUS$ 22.00  million

Sectors

General industry and trade sector91%
Public administration- Industry and trade9%

Themes

Micro, Small and Medium Enterprise support91%
Other Private Sector Development9%


* Theme Classification did not exist at the time project was approved
** Total project cost includes funding from World Bank and non-bank sources in US$ millions. Active and Closed projects show commitment at Board approval. It does not reflect any cancellations.Proposed (pipeline) and dropped projects show the forecast amount. The commitment amount for projects in the pipeline is indicative and may be modified during the project preparation.
*** Borrower refers to the Borrower of a Loan or Recipient of a Grant