The Asian Development Bank (ADB) has approved a $75 million loan to help strengthen Myanmar’s agriculture production and value chain development by improving and modernizing irrigation systems in three regions of the country’s central dry zone (CDZ).
The Global Environment Facility is also providing a $4.79 million technical assistance grant to help increase rural productivity, and improve integrated natural resources management in forest reserves and permanent public forests in the CDZ. The grant will be administered by ADB. Parallel to the ADB project, Agence Française de Développement (AFD) will provide a loan of $27.9 million and extend grant support through the Asian Investment Facility of up to $22.3 million. The co-financing will increase the project area, through the support of good agricultural practices and by strengthening improved irrigation management and policy support for integrated water resources management.