Monthly e-Newsletter Newsletter: July 2018 - September 2018
SAARC Development Fund
News @ SDF
SAARC DEVELOPMENT FUND PARTNERSHIP CONCLAVE, JULY 2-3, 2018, NEW DELHI, INDIA
SDF organized SDF Partnership Conclave from July 2-3, 2018 in New Delhi, India with the aim towards strategic growth in the South Asia region through Project Collaboration and Regional Integration. The main objectives of the event were to:
• Solicit Cross-Border Project Co-Financing under the Social, Economic & Infrastructure Windows of SDF in SAARC Member States.
• Build partnerships with various organizations for Fund Mobilization and Investments in SAARC Member States.
• Eminent delegates fromGovernments of SAARC Member States, various Multilateral Development Banks, International &Regional Financial Institutions, Scheduled Commercial Banks, Public Sector, Infrastructure Development Agencies, Donor Agencies, Civil Society Organization and other Development Partners participated in the prestigious conclave.
The SDF Partnership Conclave was a grand success in achieving its objective of regional cooperation and integration in the SAARC region. The Conclave proved to be an event of strategic and regional Importance for South Asia. The conclave was successful in addressing the challenges currently being faced by the SAARC Member States and suggested way forward for joint cooperation and partnership among the various development partners in line with the SAARC Development Goals. Various panel discussions with eminent delegates were successfully conducted on (i) Identifying Potential Projects for co-financing under Economic & Infrastructure Windows, (ii) Mechanism for Fund Mobilization, (iii) Social Window Thematic Areas, (iv) Counterpart Agencies of SDF on Thrust Areas of Investment in SAARC Member States on Co-Financing of Projects, (v) Funding of Micro, Small, and Medium Enterprises (MSME) in SAARC Member States, (vi) Social Enterprise Development Program, and (vii) Enhancing Regional Integration through Cross Border Project Collaboration and Investments in the two day Partnership Conclave.
Photo Gallery of the SDF Partnership Conclave
Conclave Venue: India International Centre, New Delhi, India
Registration of Participants
Arrival of guests
Registration of Participants
Arrival of the Chief Guest, Mr. Amitabh Kant, CEO, NitiAyog and other guests for the inaugural ceremony
Lightening of lamp by the Chief Guest Dr. Sunil Motiwal, CEO, SDF with Mr. Amitabh Kant, CEO, NitiAyog,
Media briefing by CEO, SDF
Group Photo of the participants
CEO, SDF with senior delegates from Asian Infrastructure & Investment Bank (AIIB)
Meeting of SDF Counterpart Agencies of SAARC Member States
The Meeting of SDF Counterpart Agencies was held on July 4, 2018 in New Delhi. The Counterpart Agencies also attended the SDF partnership Conclave which was held on the sidelines of the CA Meeting. Counterpart Agency of each SAARC Member State gave a brief overview of the key thrust areas in its own SAARC Member State. The Counterpart Agency also agreed to support SDF for exploring cross border projects.
Dr. Sunil Motiwal, CEO, SDF with the Counterpart Agencies of SDF from SAARC Member States
Projects Identified for co-financing:
CEO, SDF Participates in Annual Meeting of Asian Infrastructure & Investment Bank (AIIB)
Dr. Sunil Motiwal, CEO, SDF was invited by AIIB to attend the Annual meeting of AIIB held from June 25-26, 2018 in Mumbai, India.
(on left) Dr. Sunil Motiwal, CEO, SDF with Mr. JinLiqun, President, AIIB and (on right) Dr. D J Pandian, Vice President &CIO, AIIB
(on left) Dr. SnulMotiwal, CEO, SDF with Dr. Bandar M.H.Hajjar, Presdient, Islamic Development Bank Group and (on right) Mr. Dongik Lee, Director General, AIIB
E&I Team's Visit to Nepal, Sri Lanka and Maldives for Soliciting of Projects
As a follow up to the SDF Conclave 2018, interest expressed by various participants and broad concepts shared during/ post SDF Conclave 2018 and to undertake due diligence of two in-principle approved projects SDF officials, comprising Director E&I, Assistant Director Credit, Risk/ Investment, Assistant Director, Legal and Assistant Director E&I visited Nepal, Sri Lanka and Maldives to:
1. Carry out due diligence on in-principle approved projects under the Infrastructure Window during the 29th SDF Board of Directors meeting held in Thimphu Bhutan:
a) 900MW GMR Upper Karnali Hydropower Project in Nepal
b) 13.2 MW Waste to Energy Project in Sri Lanka - Fairway Waste Management Private Limited
2. Solicit Cross-Border Project cofinancing under the Economic & Infrastructure Windows of SDF in SAARC Member States.
3. Build partnerships with various organizations for Fund Mobilization and Investments in SAARC Member States.
Based on the above initiatives, SDF intends to build up a pipeline of various projects and the team was able to identify 9 bankable projects for co-financing under infrastructure and economic windows.
Social Window Projects Meetings and Field Visits in India & Sri Lanka
• 28-30 June 2018. Colombo, Sri Lanka. 2nd Combined Meeting for the Project, Post-Harvest Management and Value Addition of Fruits in Production Catchments in SAARC Countries'
The three day meeting included two days (28-29 June 2018) of project progress reviews and discussions on project closure requirements and processes. On day 3 (30 June 2018), a field visit was organized to Peradeniya where participants had the opportunity to visit and interact with staff at the Peradeniya Pack House and Processing Centre, and the Fruit Research Unit.
• 5 July 2018. New Delhi. India. Cluster Development Training Programme for Implementing Agencies for the project, Promoting Integrated Bamboo Based Enterprise Development among SAARC Countries.
The Cluster Development Training Programme was organized from 2-6 July 2018. It was facilitated by the Federation of MSME Clusters (FMC) as the Technical Agency for the project.
Monitoring & Evaluation Field Visits to SDF Funded Projects in Afghanistan, India & Pakistan
In order to get an independent review of SDF funded projects, M&E Office arranged filed visit to SDF funded projects. Six projects and three countries were selected as the sites of the field visits. The overall impression gleaned from field visits is that, the SDF support has helped communities, particularly women to improve their livelihood condition. The involvement of the SDF in helping the people and the Member states to eradicate poverty and to contribute to human development was regarded as highly valuable by all stakeholders in project countries encountered throughout the visit. Bearing in mind the complexity and challenges faced at the implementation level, the programs implemented by the SDF can be considered successful. Project implementation and progress made by implementing agencies (IAs), were noted.
Internal Audit of SDF Funded Projects in Bangladesh
The Internal Auditor of SDF conducted field visits to SDF funded projects in SAARC Member States.
SABAH Bangladesh is now its permanent house located at Eastern Housing, Pallabi Extension, Mirpur, Dhaka. Ground floor is using as display center to display its products. SABAH has also opened a Showroom at Mohammadpur, Dhaka and selling its products to customers. Now it is planning to open 7 TFC in regional districts across the country
SAARC Regional Inter-Professional Master's Program in Rehabilitation Science
SDF is funding to the Centre for the Rehabilitation for the Paralyzed (CRP), Bangladesh for its Master's program in Rehabilitation Science. SDF providing scholarship to the students coming from its member states which cover the full costs of this Master Program including fooding and accommodation costs. CRP has built an International Students Hostel located to the adjacent of its campus which is fully funded by the SDF including the land to meet the accommodation of international students. It is one of the successful program of the SDF.