IDA CREDIT: US$100 million
TERMS: Grace = 10 years; Maturity = 40 years.
PROJECT DESCRIPTION: The project aims to promote a more equitable distribution of the returns on investments in irrigated agriculture between direct and indirect beneficiaries. It will help accelerate the existing land certification program, encourage private investors in agro-processing, marketing, input supply and service provision. The project will establish accountable and transparent irrigation management and develop a value chain for produce originating in the irrigation area.