Share
Print
Jamaica Foundations for Competitiveness and Growth - P147665
Details
Project End Date:2024-03-31
Location:Jamaica
Status:Completion and evaluation
Sectors:Macro-Economy & Public Finance, Organizational development, Private Sector & Trade
Languages:English
Contracting authority: PIOJ - Planning Institute of Jamaica
Description
Project ID: P147665
Project Title: Jamaica Foundations for Competitiveness and Growth
Country: Jamaica
Region: Latin America and Caribbean
Fiscal Year: 2015
Borrower: Ministry of Finance and Planning
Implementing Agency: Planning Institute of Jamaica
Abstract: The development objective of the Foundations for Competitiveness and Growth Project for Jamaica is to strengthen the business environment in Jamaica for private sector investment. The project comprises of four components. The first component, enhancing competition in the business environment will provide technical assistance (TA) and implementation support to address critical business regulation and procedural issues that constrain firm entry, operation and expansion, competition, and trade and logistics. The second component, facilitating strategic private investments will finance studies and TA to enable the government to prepare and close large strategic investment transactions with private sector participation. It includes following two sub-components: (i) project preparation facility (PPF); and (ii) TA and studies for investment support. The third component, supporting small and medium-sized enterprise (SME) capabilities and financing will provide support directly to SMEs by funding a combination of supply chain learning, skills upgrading, and finance. It consists of following two sub-components: (i) SME supply chain support and skills upgrading; and (ii) SME finance. The fourth component, project implementation and monitoring and evaluation (M and E) includes following two sub-components: (i) project management and implementation; and (ii) TA for communications and productivity evaluation.
Development Objective: To strengthen the business environment in Jamaica for private sector investment.
Similar tenders
By Locations
Funding agency:
IADB
Status:
completion and evaluation
Location:
Guyana, Jamaica, Suriname
Funding agency:
IADB
Status:
completion and evaluation
Location:
Barbados, Jamaica, Trinidad and Tobago
By Sectors
Funding agency:
AfDB
Status:
completion and evaluation
Location:
Namibia
Funding agency:
WB
Status:
completion and evaluation
Location:
Burkina Faso
tender Background
About the Funding Agency
The World Bank (USA) is part of an international financial agency that makes loans and grants to governments in low- and middle-income countries to fund capital projects. The United States was a driving force behind the founding of the World Bank in 1944 and it is still the World Bank's largest shareholder today.
The United States contributes to tackling critical international development concerns through the World Bank Group and has a long history of generously supporting the objectives of the World Bank Group and has been a champion of the International Development Association (IDA) which provides low-interest loans and grants to the world's poorest countries. The key U.S. priorities at the World Bank include a multilateral health and economic response to COVID-19, debt sustainability and transparency, promoting governance and fighting corruption, ending energy poverty and supporting a strong emphasis on accountability, transparency and development impact.
About the Sectors
Macro-Economy & Public Finance
Includes initiatives that support macroeconomic stability, sound fiscal policy, and effective management of public financial resources.
Key areas:
- Macroeconomic analysis and policy support
- Public finance management (PFM)
- Government budgeting, taxation, and debt management
- Economic growth and development strategies
Organizational development
Focuses on strengthening institutional capacity, improving performance, and supporting organizational change and sustainability.
Key areas:
- Institutional and organizational assessments
- Strategic planning and restructuring
- Performance improvement and governance reforms
- Human resources and operational processes