Cost & Financing
The total Project costs over a 6-year implementation period, including physical and price contingencies, are estimated at PKR 3 billion (USD 35.2 million). The total baseline costs are USD 36.9 million, while price and physical contingencies account for USD 12.2 million.
The major investments are in;
IFAD will finance 85.1% of the Project costs (USD 30 million) through a loan to the Government of Pakistan on highly concessionary terms. The provincial government will provide counterpart contribution to the tune of USD 4.7 million by waiving/ foregoing duties and taxes accruing from Project transactions and other in-kind costs. The beneficiaries will contribute 0.5 million to the Project through in-kind contribution.
- Community Development activities constituting 12% (USD 3.9 million) of base costs.
- Fisheries Development which represents the core productive project which takes up 45% (USD 14.9 million) of base costs.
- Rural Infrastructure takes up 37% of base costs (USD 12.2 million). Project Management is 7% of base costs.