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$3,181,350.00 (Project budget includes all project-funded activities)
Last Updated Date
Jan 2, 2019
Project Estimated End Date
Jun 30, 2017
Project Description
This project is focusing on economic development in Sri Lanka, with focus on integration of post-conflict provinces in North and East with the rest of the country, and development in other underdeveloped regions.
Development Results
The goal of this project is to facilitate inclusive growth by integrating post-conflict districts in North and East Sri Lanka with the rest of the country and support development in other districts. IFC will contribute to this goal by working with a minimum of five clients to facilitate incremental revenue for clients; by reducing constraints in the agricultural value chain and in sectors dominated by MSMEs; by supporting tourism destination development and promoting investment generation
Indicator
Calendar Year 2020 Results
Cumulative Results as of 2020
Number of reports (assessments, surveys, manuals, Phase I/strategic option reports, research, analytical, evaluations, etc.) completed
Not Available
15
Number of documented interests by investors/private partnerships
Not Available
2
Number of entities receiving advisory services
Not Available
44
Number of entities receiving in-depth advisory services
Not Available
50
Number of participants in workshops, training events, seminars, conferences, etc.
Not Available
13,898
Number of participants providing feedback on satisfaction
Not Available
4,778
Number of procedures/firm-level policies/practices/standards recommended for improvement or elimination
Not Available
0
Number of trainers trained
Not Available
34
Number of training modules and new products developed
Not Available
4
Number of women participants in workshops, training events, seminars, conferences, etc.
Not Available
3,216
Number of workshops, training events, seminars, conferences, etc.
Not Available
232
Number of people reached by IFC partners/clients
Not Available
12,910
Number of recommended procedures/firm-level policies/practices/standards that were improved or eliminated
Not Available
0
Number of entities that implemented recommended changes
Not Available
150
Number of investor/private partnership leads
Not Available
2
Number of individuals trained by project-trained people and/or institutions
Not Available
965
Number of farmers reached (direct and indirect)
Not Available
1,129
Sales revenue (US$)
Not Available
0
Value of financing facilitated (US$)
Not Available
2,753,000
Value of IFC financing facilitated (US$)
Not Available
0
E&S Risks / Impacts and Mitigation
Performance Standard
Description and Potential Impact
Mitigation
PS 6. Biodiversity Conservation and Sustainable Management of Living Natural Resources
As part of its Due Diligence, and as mandated by IFC's Sustainability Policy, IFC team has screened this project to assess consistency with IFC's Performance Standards
IFC's advice will be provided in a manner consistent with the principles of the relevant Performance Standards. The IFC team will assist the client, as the final decision maker, in gaining a good understanding of IFC's Performance Standards.
PS 1. Assessment and Management of Environmental and Social Risks and Impacts
As part of its Due Diligence, and as mandated by IFC's Sustainability Policy, IFC team has screened this project to assess consistency with IFC's Performance Standards.
IFC's advice will be provided in a manner consistent with the principles of the relevant Performance Standards. The IFC team will assist the client, as the final decision maker, in gaining a good understanding of IFC's Performance Standards.
PS 2. Labor and Working Conditions
As part of its Due Diligence, and as mandated by IFC's Sustainability Policy, IFC team has screened this project to assess consistency with IFC's Performance Standards.
The principles of the relevant Performance Standards have been applied to the project
design. Environmental and social risks will continue to be reviewed throughout the life-cycle of the project.
IFC's advice will be provided in a manner consistent with the principles of the relevant Performance Standards. The IFC team will assist the client, as the final decision maker, in gaining a good understanding of IFC's Performance Standards and will provide
recommendations for appropriate mitigation measures whenever warranted.
PS 5. Land Acquisition and Involuntary Resettlement
As part of its Due Diligence, and as mandated by IFC's Sustainability Policy, IFC team has screened this project to assess consistency with IFC's Performance Standards.
IFC's advice will be provided in a manner consistent with the principles of the relevant Performance Standards. The IFC team will assist the client, as the final decision maker, in gaining a good understanding of IFC's Performance Standards.
Press-Release
Additional Documents
Similar Projects
This Summary of Advisory Services Project Information (ASPI) is prepared by IFC to disclose a factual summary of the main elements of this advisory services project. It may also include findings and recommendations related to environmental and social considerations regarding this project. The purpose of the ASPI is to enhance the transparency of IFC's activities. For any project documentation or data included or attached herein, whether prepared by the project sponsor or otherwise, authorization has been given for public release by the client. IFC considers that this ASPI is of adequate quality for release to the public, but has not necessarily independently verified all of the project information therein. It is distributed within sixty days of project's approval and may be updated periodically afterwards. Total budget and start dates are estimates only. The following ASPI is disclosed in accordance with IFC's Access to Information Policy (AIP) that went into effect on January 1, 2012.
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