Forest Sector Development Project

Project Summary

The development objective of the overall World Bank Forest Sector Development Project is poverty alleviation through sustainable forest management, which will be achieved through expansion and better management of Vietnam’s plantation forests and the stimulation of small-scale production forestry, particularly by poor, small-holder farmers. The global environmental objective of the project’s GEF co-financed component is to conserve biodiversity of global significance in Vietnam’s Special Use Forests. This objective will be achieved by: (a) establishing a pilot national SUF financing mechanism (a Conservation Fund) that will provide start-up support, on a competitive basis, to up to 50 poorly-managed SUFs of high biodiversity value to help them design and implement their first conservation management plans; and (b) providing technical assistance support on SUF conservation and management.

Project Details

GEF Project ID
Project Type
Full-size Project
Focal Areas
Funding Source
GEF Trust Fund
Implementing Agencies
The World Bank
Executing Agencies
Ministry of Agriculture and Rural Development
GEF Period:
GEF - 3
Approval Fiscal Year:


Project Preparation Grant Amount
200,000 USD
GEF Project Grant
9,000,000 USD
Co-financing Total
65,590,000 USD
GEF Agency Fees
861,000 USD
Total Cost 74,790,000.00 USD

Project Timeline

Received by GEF
28 Jan 2002
Preparation Grant Approved
06 Mar 2002
Concept Approved
01 Nov 2003
Project Approved for Implementation
02 Jun 2004
Project closed
30 Mar 2013