Maldives: Restructuring and Privatization of State-owned Enterprises (formerly Assisting the Restructuring of State-owned Entrprises)

Sovereign Project | 39664-012 Status: Closed

Summary

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Project Name Restructuring and Privatization of State-owned Enterprises (formerly Assisting the Restructuring of State-owned Entrprises)
Project Number 39664-012
Country Maldives
Project Status Closed
Project Type / Modality of Assistance Technical Assistance
Source of Funding / Amount
TA 4879-MLD: Restructuring and Privatization of State-owned Enterprises (formerly Assisting the Restructuring of State-owned Entrprises)
Technical Assistance Special Fund US$ 400,000.00
Strategic Agendas Inclusive economic growth
Drivers of Change Governance and capacity development
Private sector development
Sector / Subsector

Public sector management - Economic affairs management

Gender Equity and Mainstreaming No gender elements
Description
Project Rationale and Linkage to Country/Regional Strategy
Impact

Project Outcome

Description of Outcome
Progress Toward Outcome
Implementation Progress
Description of Project Outputs
Status of Implementation Progress (Outputs, Activities, and Issues)
Geographical Location Maldives

Summary of Environmental and Social Aspects

Environmental Aspects
Involuntary Resettlement
Indigenous Peoples
Stakeholder Communication, Participation, and Consultation
During Project Design
During Project Implementation

Business Opportunities

Consulting Services The TA will be implemented over a period of approximately 8 months, intermittently from Feb 2007 to Jan 2008, and will require an estimated total of 41 person-months of consulting services, of which at least 25 person-months are for international services and 16 person-months are for domestic consulting services. The following areas of expertise have been identified at this stage for the international consultants: (i) SOE Reform Specialist/Team Leader (6 person-months); (ii) Organization Development Specialist (2 person-months); (iii) Business Restructuring (Power) Specialist (2 person-months); (iv) Capacity and Administrative Restructuring Specialist (3 person-months); (v) Financial Analyst (2 person-months); (vi) Asset Valuation Specialist (1.5 person-months); (vii) Transaction Specialist (3 person-months with support of 2 national transaction specialist's support of 4 months each); (viii) Legal Specialist (2 person-months); (ix) Social Safety Net Program Specialist (1.5 person-months); and (x) Communication/Change Management Specialist (2 person-months). National consultants will be engaged to complement the expertise of the international consultants: (i) Legal Specialist (2 person-months); (ii) Transaction Specialist (2 specialists at 4 months each); (iii) Support Consultants (6 person-months).

Responsible Staff

Responsible ADB Officer Natalie Bertsch
Responsible ADB Department South Asia Department
Responsible ADB Division Public Management, Financial Sector and Trade Division, SARD
Executing Agencies
Ministry of Finance and Treasury
Mr. Riluwan Shareef
Ameenee Magu
Republic of the Maldives

Timetable

Concept Clearance 10 Mar 2006
Fact Finding 12 Sep 2006 to 17 Sep 2006
MRM -
Approval -
Last Review Mission -
PDS Creation Date 31 Jan 2007
Last PDS Update 17 Jul 2008

TA 4879-MLD

Milestones
Approval Signing Date Effectivity Date Closing
Original Revised Actual
01 Dec 2006 06 Mar 2007 06 Mar 2007 31 Jan 2008 30 Sep 2010 -
Financing Plan/TA Utilization Cumulative Disbursements
ADB Cofinancing Counterpart Total Date Amount
Gov Beneficiaries Project Sponsor Others
400,000.00 0.00 70,000.00 0.00 0.00 0.00 470,000.00 01 Dec 2006 370,706.00

Safeguard Documents See also: Safeguards

Safeguard documents provided at the time of project/facility approval may also be found in the list of linked documents provided with the Report and Recommendation of the President.

None currently available.

Evaluation Documents See also: Independent Evaluation

None currently available.

Related Publications

None currently available.


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