The Special Purpose Foundation (SPF)
The Foundation will be established as part of the framework for the Agricultural Business Parks to deal with broader social, environmental, and economic issues, including the provision of basic social services, such as health and education for smallholder farmers and local communities. In this way, the Agricultural Business Parks will focus solely on commercial development, while the SPF will manage social and environmental pressures and expectations.
Through a robust governance structure, supported by transparency and accountability the SPF will be set up in collaboration with donors, foundations, and other development actors and private sector actors. Through the SPF, investors in the project and the regions where the ABPs are located will be able to implement their corporate social responsibility projects and related activities in more effective and efficient ways.