| Grant Profile: |
| Project Title: |
Somalia PSD Re-Engagement Program |
| PCF/LICUS/SPF: |
LICUS |
Status: |
Open |
| File Number: |
81
| Region: |
AFR |
| Sector: |
Private Sector Development |
Country: |
Somalia |
| FY approved: |
2009 |
Grant Theme : |
Financial and private sector development |
| Keyword(s): |
|
Approved Amount: |
$700,300.00 |
 |
Grant Recipient:
World Bank executed |
Grant Purpose:
The project aims to improve investment climate conditions in selected key value chains, specifically through legal, policy and regulatory reforms and associated capacity-building related to: (i) Productive sector – livestock and fisheries; (ii) Financial sector – commercial banking. (iii) Public-Private Partnerships – urban infrastructure;
The grant also aims to enhance the government and private sector’s performance assessment and monitoring of IC and PSD reforms and outcomes through a “case-based” and applied training program of performance framework design, data gathering, monitoring and evaluation approaches for private sector development and establishment of IC and PPP Centres that can provide institutional home for this specialized performance tracking.
|
Grant Activities:
Component 1: Investment Climate (IC)
Activities in this component will focus on reforms to key legislation and policies impacting the performance of:
(i) productive sectors, particularly related to export marketing, licensing and investment promotion in the livestock and fisheries sectors;
(ii) public-private partnerships covering technical and financial performance, related licensing and procurement arrangements in the urban infrastructure, principally telecommunications, power and urban water and sewage;
(iii) financial sector in the areas of commercial banking and trade finance. The commercial laws of Somaliland currently in existence are a mix of English and Italian language laws dating from the British and Italian colonial periods, and the period when Somaliland regarded itself as part of Somalia. The UNDP has collected all extant commercial laws, and the Bank-FIAS team has copies of these laws. This project would not review and update the entire corpus of Somaliland commercial laws but only those relevant to the sectors the project addresses. Targeted technical assistance will be complemented by limited institution-building, particularly in the establishment of an “Investment Climate” Secretariat within the Ministry of Commerce, together with some ICT capacity building. Direct beneficiaries are Ministry of Commerce (in respect of the productive sectors); Ministry of Planning (in respect of PPP); Regional Central Banks (in respect of financial sector). The end beneficiary is intended to be the private firms and institutions which rely on the policy and legislative environment in order to function;
Component 2: Public-Private Partnerships (PPP)
Building on the work being done under the IC component, enhance public and private sector capacity to deliver cost effective and better quality infrastructure services in key urban locations through advisory services will be made available to key state and municipal government agencies to strengthen their capacity to negotiate sound contracts that balance fee, subsidy and performance criteria and to measure compliance. This will be done through the establishment of a “PPP Center” to be housed within the Ministry of Planning or Finance. The PPP Center will be staffed with both members of the government and the private sector, with the project funding local and international consultants engaged for specific tasks on an as needed basis. The center will be the joint responsibility of the Ministry of Planning or Finance and Chamber of Commerce. The direct beneficiaries will be both private and public sector partners to be supported by the project.
Component 3: Public-Private Dialogue (PPD)
The component includes creating and/or strengthening the capacities of key Business Membership Organizations (BMOs) focusing on:
(i) development of mandates and articles of association;
(ii) organizational development and operational management;
(iii) membership services, particularly policy advocacy, investor development and market access.
The focus will be on BMOs involved in the financial sector (SOMTA), PPP arrangements (power and urban water and sewage), and regional and international trade (principally livestock and fisheries). This sector-specific program will be complemented by a higher level PPD process which will be led by the UNDP focusing on the establishment of a PPD Council involving government and the Somali Business Council (SBC) to which the work of the sector BMOs would contribute (for example) with regards to policy issues in the IC and financial sector. The direct beneficiary will be the BMOs. This will involve established BMOs including SOMTA (Somali Money Transfer Association) and the Somali Business Council (SBC), as well as more embryonic associations for the livestock and fisheries sectors. The end beneficiaries will be the member enterprises themselves.
Component 4: Monitoring and Evaluation
The project will augment local capacity of government and private sector BMOs to develop, manage, and use monitoring and evaluation products and information in support of private sector development through a program of workshops and training targeting Ministries, BMO personnel, and potential enterprise management candidates targeted for future matching grant support. Given the paucity of data for the private sector in Somaliland, this first phase of the project will both collect a baseline for expected achievements and collect end of project data. These activities will form the basis for the M&E workshops to be held to build Government and private sector BMOs capacity. More general introductory programs will also be provided through selected BMOs to increase awareness and expertise for downstream activities. The direct and end beneficiaries will be the public and private sector partners who are participants in the training programs.
|
|
