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German Development Bank eyeing investment
Correspondent KOHIMA, JUN 13 (NPN):
Published on 14 Jun. 2009 12:16 AM IST
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A two-member team from the German Development Bank (KfW) who arrived in the state Saturday to study the feasibility of funding for climatic change adaptation in the state, held extensive discussion and deliberation with the top brass state bureaucrats. The visiting member Dr. Jens Mackelsen, team leader and R.D. KfW and Nand Kishor Agarwal, Project Manager KfW, Delhi first visited Tuensang by Chopper and interacted with the villagers and also had bird’s eye view of the state before returning to Kohima. Upon reaching Kohima, the team also interacted with the state government officials led by chief secretary, Lalthara at Hotel Japfu. While welcoming the visiting dignitaries, additional chief secretary, development commissioner, Alemtemshi Jamir pointed out that the Naga society was one of the fastest growing society as it had adapted itself with the civilization and modernity within a span of a little over a century. Commissioner and secretary and team leader NEPED, Temjen Toy gave a power point presentation on the identified and suggested water resource, hydro power, agriculture and forestry and health as the possible priority areas where the German Development Bank could fund. Giving a detailed statistics and background of the state, Toy also asserted that the state government was making a tentative step for green government. On the other hand, Dr. Jens Mackelsen during a power point presentation said that the KfW was giving thrust on adaptation of climatic change and was focusing on four states of the NE including Nagaland, Assam, Meghalaya and Sikkim. He also gave detailed history, activities and funding patterns of the German Development Bank. He revealed that the KfW was established some 50 years back after the WW-II with the task of rebuilding the heavily devastated Germany. KfW-Bankengruppe (group of banks) presently has 423 staffs and 56 offices abroad and currently carrying out 1600 ongoing project in 110 different countries. It has a commitment of about Euros 3 billion of which the KfW shares of commitment is Euros 1.7 billion while the rest is from the government of Germany. The KfW advices government in development policy, participate in selection and preparation and appraisal of projects, accompany and supervises fund implementation, he said. Dr Jens also gave the details of the various stages of the KfW projects. He said the process was a lengthy procedure and might take some time before finalization of the project. The stages include project preparation, project appraisal, financing agreement, implementation and international public tender, start of operation and final review and ex-post evaluations. Though 50 years of Indo-German partnership was celebrated last year, the KfW remained focused only in mainland India until recently when the KfW decided to give focus in the Northeast as well and took up some project such as the Adivasi Development Programme and Participatory Natural Resource Management in Tripura which was formally launched yesterday. After the interaction, the visiting German officials left for Dimapur where they were scheduled to call on chief minister Neiphiu Rio.

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