Quick Facts

Where the impacts of the investment may be experienced.
  • Bhutan
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
  • World Bank (WB)
Status: Active
Bank Risk Rating: B
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Board Decision Date: 2017-05-11
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower or Client: KINGDOM OF BHUTAN
The holder of the loan, grant, or other investment.
The service or industry focus of the investment. A project can have several sectors.
  • Industry and Trade
Investment Type(s): Grant
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD): $ 1.25 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD): $ 1.25 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.

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Primary Source

Original disclosure @ WB website
Updated in EWS: 2017-12-12
Disclosure Date: 2014-12-30
BT Generating Youth Employment and Community-Based Enterprise Development Project

Project Description
This project aims to generate productive sources of income for poor and vulnerable youth in selected dzongkhags in the south western and eastern regions by establishing or upgrading existing youth-led, managed, and operated business enterprises that aim to generate employment. It also aims at empowering youth to establish and participate in community-based enterprises to give them entrepreneurial, organizational, business, and technical skills.
Investment Description
Contact Information
World Bank: Contact: Winston Dawes Title: Senior Rural Development Specialist Tel: +1 (202) 458 9202 Email: wdawes@worldbank.org Borrower/Client/Recipient: Name: Royal Government of Bhutan Contact: Choiten Wangchuk Title: Director General Tel: +975-2-324346 Email: choiten@mof.gov.bt Implementing Agencies: Name: Ministry of Agriculture and Forests Contact: Kuenga Namgay Title: Deputy Chief, Policy and Planning Division Tel: +975-2-324669 Email: knamgay@moaf.gov.bt ACCOUNTABILITY MECHANISM OF WORLD BANK The World Bank Inspection Panel is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by a World Bank-financed project. If you submit a complaint to the Inspection Panel, they may investigate to assess whether the World Bank is following its own policies and procedures for preventing harm to people or the environment. You can contact the Inspection Panel or submit a complaint by emailing ipanel@worldbank.org. You can learn more about the Inspection Panel and how to file a complaint at: http://ewebapps.worldbank.org/apps/ip/Pages/Home.aspx.
Bank Documents