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Panama - Tropical Tree Crop Development Project : Panama - Proyecto de desarrollo de cultivos tropicales (Spanish)

The objectives of the Tropical Tree Crop Development Project for Panama was to provide loans and technical assistance to small-scale farmer in order to increase exports of traditional crops such as cocoa, coffee and bananas, and to maintain the level of supply to the domestic market, while increasing the range of production by developing oil palm output. The main project objectives were only partially achieved, since only 57 percent of the total was disbursed. It is clear that the satisfactory agricultural performance was coupled with sometimes marginal institutional performances during appraisal and implementation. The local agencies and the Bank did show flexibility in their approach to implementation problems, agreeing to transfers of financing among the project categories, postponements of the closing date, and adjustments in activities affecting the execution of certain components; nevertheless, certain misjudgments are evident in project organization and management, and in the financial appraisal of Banana Corporation of the Pacific (COBAPA) and the efforts of local agencies to identify management formulas for the plantations and the palm oil processing plant.

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Panama - Tropical Tree Crop Development Project : Panama - Proyecto de desarrollo de cultivos tropicales (Spanish). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/890781468333580308/Panama-Proyecto-de-desarrollo-de-cultivos-tropicales