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Philippine Rural Development Project Scale-up

Abstract*

The development objective of the Rural Development Project Scale-Up Project for Philippine is to improve farmers and fisherfolk access to markets and increase income from selected agri-fishery value chains. The project comprises of five components. The first component, national and local level planning component (I-PLAN) will support the planning and refinement of strategies to guide and evaluate: (a) the effectiveness of investments under the project;...

* The project abstract is drawn from the PAD, SAR or PGD and may not accurately reflect the project's current nature

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Development Objective

To improve farmers and fisherfolk access to markets and increase income from selected agri-fishery value chains

Key Details

Project Details

  • P180379

  • Active

  • Mio Takada , Maria Quinones

  • Republic of the Philippines

  • Philippines

  • January 4, 2023

  • (as of board presentation)

    June 29, 2023

  • August 23, 2023

  • US$ 550.00 million

  • Department of Agriculture

  • East Asia and Pacific

  • 2023

  • US$ 600.00 million

  • N/A

  • March 3, 2024

  • June 30, 2029

  • Yes

  • BANK APPROVED

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
International Bank for Reconstruction and Development 600.00
Borrower/Recipient 216.17

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 600.00
IDA Commitment N/A
IBRD + IDA Commitment 600.00
Lending Instrument
Grant Amount N/A
Total Project Cost** 550.00

Summary Status of World Bank Financing (US$ Millions) as of February 28, 2025

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No data available.
Financier Approval Date Closing Date Principal Disbursed Repayments Interest, Charges & Fees

Detailed Financial Activity as of February 28, 2025

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No data available.
Period Financier Transaction Type Amount (US$)
Jun 15, 2024 IBRD-95770 Int Charges 53,131.76
Oct 16, 2023 IBRD-95770 Fee Charges 1,500,000.00
Dec 4, 2023 IBRD-95770 Loan Disb 26,227,640.00
Jun 15, 2024 IBRD-95770 Int Charges 932,474.20
Jun 29, 2023 IBRD-95770 Loan Commitment 600,000,000.00
Jun 15, 2024 IBRD-95770 Int Charges 1,976.06
Jun 15, 2024 IBRD-95770 Int Charges 716,401.56
May 31, 2024 IBRD-95770 Loan Disb 9,724,981.00
Dec 15, 2023 IBRD-95770 Int Charges 413,092.44

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Progress towards achievement of PDO Satisfactory 2024-10-09
Monitoring and Evaluation Satisfactory 2024-10-09
Overall Implementation Progress (IP) Satisfactory 2024-10-09
Procurement Moderately Satisfactory 2024-10-09
Project Management Satisfactory 2024-10-09
Financial Management Satisfactory 2024-10-09

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATORBASELINECURRENTTARGET
  • Percent increase in farmers and fisherfolk income derived from commodities and product formsValue0.000.0030.00
    DateJuly 1, 2023December 31, 2023June 30, 2029
    Comment
  • Percent increase in volumes of marketed outputValue0.000.0040.00
    DateJuly 1, 2023December 31, 2023June 30, 2029
    Comment
  • Farmers reached with agricultural assets or servicesValue0.000.00450000.00
    DateJuly 1, 2023December 31, 2023June 30, 2029
    Comment
  • Farmers reached with agricultural assets or services - FemaleValue0.000.000.00
    Date
    Comment

INTERMEDIATE RESULTS INDICATORS

INDICATORBASELINECURRENTTARGET
  • Percent increase in the amount of agri-fishery investments in PCIPs supporting priority value chainsValue0.000.0030.00
    DateJuly 1, 2023December 31, 2023June 30, 2029
    Comment
  • Percent reduction in transport costs in roads linking production areas to marketsValue4.500.003.15
    DateJuly 1, 2023December 31, 2023June 30, 2029
    Comment
  • Percent of agri-fishery enterprises engaged in postproduction segments of value chains.Value0.000.0060.00
    DateJuly 1, 2023December 31, 2023June 30, 2029
    Comment
  • Number of institutionalized PRDP innovations including climate-smart technologies within the DAValue0.000.0010.00
    DateJuly 1, 2023December 31, 2023June 30, 2029
    Comment
  • Number of Regional Agriculture and Fishery Investment Portfolio (RAFIP) utilized in the DA annual work planValue0.000.0015.00
    DateJuly 1, 2023December 31, 2023June 30, 2029
    Comment
  • Percent reduction in travel time of farmer/ fisherfolk from farm to marketValue10.000.006.00
    DateJuly 1, 2023December 31, 2023June 30, 2029
    Comment
  • Percent increase in profitability of participating agri-fishery enterprisesValue0.000.0040.00
    DateJuly 1, 2023December 31, 2023June 30, 2029
    Comment
  • Enhanced Project’s M&E system incorporating knowledge managementValueNoNoYes
    DateJuly 1, 2023December 31, 2023June 30, 2029
    Comment
  • Percent of DA and LGU participants with improved knowledge in investment planningValue0.000.0090.00
    DateJuly 1, 2023December 31, 2023June 30, 2029
    Comment
  • Cropping intensity in areas served with new/improved irrigation or drainage servicesValue100.000.00170.00
    DateJuly 1, 2023December 31, 2023June 30, 2029
    Comment
  • Percent of agri-fishery enterprise clusters reached by business development support including credit and insuranceValue0.000.0050.00
    DateJuly 1, 2023December 31, 2023June 30, 2029
    Comment
  • Percent of grievances registered in the project's grievance redress system addressedValue0.000.0090.00
    DateJuly 1, 2023December 31, 2023June 30, 2029
    Comment
  • Percent of completed climate-smart value chain infrastructure facilities operating as designedValue0.000.0090.00
    DateJuly 1, 2023December 31, 2023June 30, 2029
    Comment
  • Percent of agri-fishery enterprise clusters with partnership agreement with institutional buyersValue0.000.0050.00
    DateJuly 1, 2023December 31, 2023June 30, 2029
    Comment
  • Percent of producers satisfied with adequacy of access to postharvest services and facilitiesValue0.000.0080.00
    DateJuly 1, 2023December 31, 2023June 30, 2029
    Comment
  • Kilometers of roads constructedValue0.000.001174.00
    DateJuly 1, 2023December 31, 2023June 30, 2029
    Comment
  • Percent of women directly participating in clustered enterprisesValue0.000.0050.00
    DateJuly 1, 2023December 31, 2023June 30, 2029
    Comment
  • Area served with new/rehabilitated irrigation systemValue0.000.002517.00
    DateJuly 1, 2023December 31, 2023June 30, 2029
    Comment
  • Number of agri-fishery enterprisesValue0.000.00110.00
    DateJuly 1, 2023December 31, 2023June 30, 2029
    Comment
  • Number of value chain infrastructure facilities constructed as designedValue0.000.0062.00
    DateJuly 1, 2023December 31, 2023June 30, 2029
    Comment