About Us
Project Name:
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Grant TF093358/ P109024 | ||
| Grant Amount | : | USD 50 million Grant (on budget on treasury ) |
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| Start/ End | : | January 2009 – March 2012 | |
| Partner Agency | : | World Bank | |
| Executing Agency | : | BAPPENAS | |
| Implementing Agency (national) |
: | Ministry for the Development of Disadvantage Areas and the Government of Aceh (KPDT) |
| Implementing Agency ( province ) | Bappeda Aceh |
Project Description :
The EDFF is an umbrella project that will finance a set of subprojects to foster job creation and sustainable economic recovery and growth in Aceh. It will support a comprehensive approach that focuses on improving the investment climate and removing barriers to private sector development and supply side constraints. It will s upport the GoA ’s efforts to bring about a viable and sustainable economy; an economy which universally supports business development and job creation.
The project will support initiatives to promote sustainable economic growth and job creation, in line with the GoA’s Rencana Pembangunan Jangka Menengah Daerah (RPJMD). To achieve this, the project will finance sub-projects that contribute toward the following development objectives, identified by the GoA as key for sustainable economic development in Aceh: (i) Development of job-creating, market-driven enterprises engaged in value-add processing and manufacturing, especially in agriculture and fisheries; (ii) Sustainable improvement of production quality and value in agriculture, fisheries and estate crops that contributes to alleviation of poverty; (iii) Increase in international trade, especially direct exports; and (iv) Increase in domestic and foreign investment in Aceh.
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