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Kyrgyz Republic
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PPTA: KGZ41544-01
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Investment Climate Improvement Program
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Location
Kyrgyz Republic
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Sector
Multisector
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Initial Listing
11 January 2008
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Most Recent Update
25 August 2008
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Executing Agency(ies)
Ministry of Economic Development and Trade
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TA Fact-Finding Mission Undertaken/Scheduled: 30 Oct-9 Nov 2007
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TA Approval Date
7 March 2008
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Estimated Completion Date
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- Cost and Financing Plan (in US$)
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| Source |
Amount |
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TASF |
500,000.00 |
| Total |
500,000.00 |
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- Description
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It is estimated that up to 70% of SMEs in the Kyrgyz Republic are operating at a loss. This is to a large extent due to the lack of information and skills for developing business plans, maintaining reliable records and accounts, and expanding business operations. This in turn further limits SME access to finance. While some business development services (BDS) initiatives have been implemented successfully with donor support, only a small subset of SMEs currently used these services. There is therefore a need for more comprehensive and sustainable approach for enhaning the availability and outreach of, and demand for BDS for SMEs.
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- Thematic Classification
- Economic Growth / Private Sector Development
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- Target Classification
- General Intervention
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- Project Impact
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Sustainable economic growth through improved business environment and investment climate.
- Project Outcome
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Comprehensive reform agenda and time-bound action plan addopted.
- Project Outputs
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The main output will include: (i) diagnostic analysis to identify binding constraints to private sector development, (ii) assessment of technical and vocational training needs for market-oriented entrepreneurship, (iii) concrete policy recommendations for improving business environment and investment climate, (iv) specific measures for ensuring reform implementation and enforcement through appropriate institutional framework and the use of ICT, and (v) capacity building of MEDT and relevant agencies. These outputs will form the building blocks for the design of the proposed program cluster.
- Policy Dialogue
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- Environment Category:
C
- Environment Impact and Mitigation
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- Social Aspects and Remedies
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- Benefits and Beneficiaries
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SMEs and Private sector
- Beneficiary Participation in Formulation
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To promote direct investment, the Government established an new department under the Ministry of Economic Development and Trade (MEDT) which is responsible for improving policy and regulations specific to foreign direct investment (FDI).
- Beneficiary Participation in Implementation
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The Ministry of Economic Development and Trade (MEDT) to provide necessary logistical support, workshop facilities and counterpart staff.
- Consulting Services
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The TA will require about 15 person-months of services of international consultants and 15 person-months of services of domestic consultants. The consultants will be selected and engaged by ADB on an individual basis, and in accordance with its Guidelines on the Use of Consultants (2007, as amended from time to time), and other arrangements satisfactory to ADB for the selection and engagement of domestic consultants. The consultants will prepare an inception report within 1 month following TA inception, a mid-term report during the third month of implementation, and a draft final report at least two weeks before TA completion. The consultants will be responsible for procurement of goods and services required for the TA. Equipment will be procured through the shopping method according to ADB's Procurement Guidelines (2007, as amended from time to time), and will be transferred to MEDT upon TA completion.
- Procurement
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- Contacts
- Bank
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- Executing Agency
- Ministry of Economic Development and Trade
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Contact Person
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:
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Mr. Sanjar T. Mukanbetov, Deputy Minister
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Tel. No.
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+996(312) 620576
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Fax. No.
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+996(312) 661586
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E-mail
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smukanbetov@mtvp.gov.kg
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Contact Person
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