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127. During 1988-1989, eighteen projects prepared with Investment Centre assistance were approved by financing institutions. Total investments in these projects amounted to US$998 million, of which US$ 565 million was from external sources and the balance of US$ 433 million in commitments from recipient countries. Nine of the projects were prepared under the FAO/World Bank Cooperative Programme, for forestry development in Bangladesh, Bhutan, Indonesia, Nepal and Sri Lanka; rural roads and marketing in Bangladesh; agricultural development in China; edible oilseed production in Pakistan; rubber development in Sri Lanka; and a project to improve treecrop production in Indonesia through institution strengthening and staff training.
128. Four projects were financed by IFAD (fisheries in Bangladesh, livestock and agricultural development in China, and a credit/development banking project in the Maldives); three by the Asian Development Fund (afforestation in Bangladesh, livestock in Pakistan, and smallholder tea development in Sri Lanka). An irrigation project in Nepal is being supported by UNCDF and UNDP, and a project to breed earthworms using urban and agro-industrial waste in order to produce organic fertilizer is being financed by the Bank Pembagunan Indonesia.
129.
During 1988-1989 the Investment Centre assisted in the formulation of thirty additional investment projects for consideration by financing agencies. These included agricultural development in four provinces of China and also in India, Indonesia, Papua New Guinea and Sri Lanka; irrigation in Bangladesh, China, India and Nepal; agricultural support services in Bangladesh, Nepal, Philippines and Sri Lanka; fisheries in Bangladesh, India, Maldives and Vanuatu; forestry in the Solomon Islands; smallholder livestock and cotton development in Bangladesh. FAO's Technical Cooperation Programme also assisted preparation of investment projects for smallholder treecrops in Indonesia and community development in Pakistan. The Investment Centre also provided assistance with three sub-sector studies: for public foodgrain management in Bangladesh in connection with a World Bank/Asian Development Bank agricultural sector adjustment credit, and for fisheries and rural credit in Sri Lanka on behalf of the Asian Development Bank.
130.
Investment Centre missions visited 15 UNDP/FAO projects in the region in order to investigate their possibilities for investment. In Indonesia, as a follow-up to the UNDP/FAO report on Agricultural Policy Options for REPELITA V (INS/86/028), the Investment Centre is carrying out a study funded by UNDP (INS/89/012) to review the climate for private sector investment in agricultural trade and agro-industries and to identify actions required to promote and facilitate the expansion of private sector investment in this field.
131.
In Viet Nam, the Investment Centre is planning a follow-up to the UNDP/FAO/WB Agricultural Sector Review (VIE/88/033). A general identification mission is expected to visit Viet Nam in 1990 to identify specific investment opportunities in the main agricultural sub-sectors, based on the UNDP/FAO programme in the country, which could be presented to donors at the Round Table meeting in mid-1990.