Project For Agriculture commercialization and Trade - PACT

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The Project for Agriculture Commercialization and Trade (PACT) is a nine-year project implemented by Ministry of Agriculture Development with the financial assistance of the World Bank since August 2009 to improve the competitiveness of small holder farmers and agribusiness sector in selected commodity-value chains in 75 districts of Nepal. The project provides competitive matching grant assistance based on output based financing system for the promotion of selected commodities with high potential of commercialization.

About pact

Given extensive and viable scope and needs for accelerating commercialization of agriculture in Nepal, Project for Agriculture Commercialization and Trade (PACT) was initiated by the Government of Nepal (GoN), Ministry of Agriculture Development (MoAD) in Fiscal Year 2009-10 with the assistance of the World Bank (WB). With grant agreement signing between the GoN and the WBk on 21 August 2009, the project became effective on 13 November 2009. This project will remain operational till the end of June 2018 due to the additional financing made available to at following an agreement signed between the GoN and WB on 13 February 2013. The objective of PACT is to increase the competitiveness of project supported small agricultural holders and agribusiness within selected value chains. For further details, visit www.pact.gov.np

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