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| Agricultural Post-Privatization Assistance Project (APL Phase #1)
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The Agricultural Post Privatization Assistance Project seeks to support the development of newly privatized farms and agro-enterprises in key agricultural areas of Kazakhstan and improve rural productivity and incomes. The program will include three phases. The first phase will focus on the legal framework, the institutions, and the procedures to support improved performance of rural enterprises and stimulate the flow of commercial bank financing to enterprises. The second phase will build on the first phase by expanding the coverage of the advisory services. The third phase will expand the program on a nation-wide basis. There are four components in this project. First, the rural advisory centers component will strengthen information for farm shareholders on shareholder rights, build local business support infrastructure to deliver advice and training on technical and commercial practices, and increase local capacity for the provision of advice. Second, the credit component will finance private farms and associated agri-businesses through participating financial institutions (PFIs). Third, the institutional development component will facilitate secured lending by developing procedures for using moveable property as collateral for bank lending; and creditor-led restructuring through capacity building in the PFI's on procedures for debt work-out, bankruptcy and liquidation. The fourth component will assist in the establishment of a Project Implementation Unit.**
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Last Updated September 03 2010
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Available Project Documents***
For a short project overview, please consult the Project Information Document if available.
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*Commitment at Board in USD$ millions. Does not reflect any cancellations. Pipeline and dropped projects display the forecast amount. Total project cost includes non-Bank funding.
** The project summary is drawn from the PAD, SAR, or PGD abstract and may not accurately reflect the project's current nature.
*** Project documents are posted to this website as soon as they reach certain milestones (more info.). For example, Project Appraisal Documents are processed and made available through this website a few days after Board approval. If you find that a report which should be here is unavailable, contact Infoshop .
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