Regional: Pacific Private Sector Development Initiative, Phase III

Sovereign Project | 46510-001 Status: Active

Summary

Latest Project Documents

Consulting Notices See also: CMS

Title Deadline
Sector Economist (Tourism) 1 Aug 2016
Insurance Expert 3 Aug 2016

Procurement Notices See also: Operational Procurement

No notices are currently available for this project.

Procurement Documents

None currently available.


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Project Name Pacific Private Sector Development Initiative, Phase III
Project Number 46510-001
Country Regional
Project Status Active
Project Type / Modality of Assistance Technical Assistance
Source of Funding / Amount
TA 8378-REG: Pacific Private Sector Development Initiative, Phase III
Technical Assistance Special Fund US$ 2.00 million
Government of Australia US$ 24.00 million
Government of New Zealand US$ 4.50 million
TA 8378-REG: Pacific Private Sector Development Initiative, Phase III (Supplementary)
Government of Australia US$ 8.08 million
Strategic Agendas Inclusive economic growth
Regional integration
Drivers of Change Partnerships
Private sector development
Sector / Subsector

Finance - Finance sector development - Inclusive finance

Public sector management - Economic affairs management - Law and judiciary

Gender Equity and Mainstreaming Gender equity
Description
Project Rationale and Linkage to Country/Regional Strategy
Impact

Project Outcome

Description of Outcome
Progress Toward Outcome Implementation ongoing.
Implementation Progress
Description of Project Outputs
Status of Implementation Progress (Outputs, Activities, and Issues)

Phase III of PSDI was launched operationally in May 2013 and a core team of private sector development experts has been recruited. Project management structures and systems were already in place under the first two phases of PSDI will continue for this phase.

This TA adds to the work already completed and still underway through phase I and II, and leverages the analysis of private sector development issues previously developed.

Additional financing of $8.08 million was approved on 30 June 2015.

As of 29 March 2016, there are 125 ongoing initiatives being implemented for 14 Pacific developing member countries, 35 pipeline initiatives, and 69 active consultant contracts. As of 29 March 2016, approximately $25.5 million has been committed, with $13.0 million disbursement to date.

Geographical Location

Summary of Environmental and Social Aspects

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

(i) Government officials from relevant government agencies and state-owned enterprises in PDMCs, including Ministry of Finance, Ministry of Public Enterprises;

(ii) Private sector entities including chambers of commerce, women's groups, banking institutions;

(iii) Civil society organizations including women's and community groups; and

(iv) Development partners active in private sector development activities in Pacific including the IFC and other bilateral and multilateral development institutions/organizations.

During Project Implementation Same as during the project design with more frequent and in-depth consultations.

Business Opportunities

Consulting Services

Consultants will be engaged by ADB in accordance with the Guidelines on the Use of Consultants (2013, as amended from time to time).

Consultants with expertise in the following areas are being engaged: (i) economic analysis; (ii) business and market analysis; (iii) PSD strategies and policies; (iv) competition policies; (v) economic empowerment of women; (vi) institutional and organizational change; (vii) SOE reform; (viii) PPPs; (ix) business law reform; (x) regulatory reform; (xi) access to finance; (xii) branchless banking; (xiii) capacity development; (xiv) knowledge management and communication; (xv) monitoring and evaluation; and (xvi) flexible results-oriented innovative grant delivery, among others.

Procurement Procurement is being undertaken in accordance with ADB's Procurement Guidelines (2013, as amended from time to time).

Responsible Staff

Responsible ADB Officer Hayden Everett
Responsible ADB Department Pacific Department
Responsible ADB Division Pacific Liaison and Coordination Office in Sydney, Australia
Executing Agencies
Asian Development Bank
6 ADB Avenue,
Mandaluyong City 1550, Philippines

Timetable

Concept Clearance 16 Apr 2013
Fact Finding -
MRM -
Approval -
Last Review Mission -
Last PDS Update 30 Mar 2016

TA 8378-REG

Milestones
Approval Signing Date Effectivity Date Closing
Original Revised Actual
06 Jun 2013 - 06 Jun 2013 31 May 2019 - -
Financing Plan/TA Utilization Cumulative Disbursements
ADB Cofinancing Counterpart Total Date Amount
Gov Beneficiaries Project Sponsor Others
2,000,000.00 36,580,000.00 0.00 0.00 0.00 0.00 38,580,000.00 06 Jun 2013 14,667,067.72
Title Document Type Document Date
Pacific Private Sector Development Initiative, Phase III: Major Change in Technical Assistance TA Change in Scope, Amount, and Implementation Arrangements May 2015
Pacific Private Sector Development Initiative, Phase III Technical Assistance Reports May 2013

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

Title Document Type Document Date
Continuing Reforms to Stimulate Private Sector Investment: A Private Sector Assessment for Solomon Islands Country Planning Documents May 2016
Digital Financial Services in the Pacific: Experiences and Regulatory Issues Reports Mar 2016
Pacific Private Sector Development Initiative: Progress Report 2014-2015 Statutory Reports and Official Records Feb 2016
Empowering the Other Half: Women and Private Sector Growth in the Pacific Brochures and Flyers Dec 2015
The Cook Islands: Stronger Investment Climate for Sustainable Growth Country Planning Documents Oct 2015
Reform Renewed: A Private Sector Assessment for Samoa Country Planning Documents Oct 2015
Growing the Non-Oil Economy: A Private Sector Assessment for Timor-Leste Country Planning Documents Jul 2015
Building a Dynamic Pacific Economy: Strengthening the Private Sector in Papua New Guinea Country Planning Documents May 2015
Pacific Private Sector Development Initiative: Progress Report 2013–2014 Statutory Reports and Official Records Dec 2014
Unlocking Finance for Growth: Secured Transactions Reform in Pacific Island Economies Reports Sep 2014
Finding Balance 2014: Benchmarking the Performance of State-Owned Enterprises in Island Countries Reports Aug 2014
Together We Deliver: 10 Stories from ADB-Supported Projects with Clear Development Impacts Books Apr 2014
Re-invigorating Private Sector Investment: A Private Sector Assessment for Fiji Country Planning Documents Jun 2013
Finding Balance: Benchmarking the Performance of State-Owned Enterprises in Papua New Guinea Books Sep 2012
Impact Stories from the Pacific Region - Breaking Down the Barriers to Business: More Private Sector Reform Stories Brochures and Flyers Jul 2012
Continuing Reform to Promote Growth: Update of the Private Sector Assessment for Tonga Country Planning Documents Jun 2012
Palau: Policies for Sustainable Growth, A Private Sector Assessment Country Planning Documents Jul 2011
Finding Balance 2011: Benchmarking the Performance of State-Owned Enterprises in Fiji, Marshall Islands, Samoa, Solomon Islands, and Tonga Books Mar 2011
Breaking Down the Barriers to Business in the Pacific: Private Sector Reform Stories Brochures and Flyers Jan 2011
Sustaining Growth: A Private Sector Assessment for Vanuatu Country Planning Documents Jun 2009
Finding Balance: Making State-Owned Enterprises Work in Fiji, Samoa, and Tonga Books Feb 2009
Transforming Tonga: A Private Sector Assessment Country Planning Documents Dec 2008
Foundation for the Future: A Private Sector Assessment for Papua New Guinea Country Planning Documents Jun 2008
Samoa: Consolidating Reform for Faster Economic Growth Country Planning Documents Jun 2008
Private Sector Assessment for Solomon Islands Country Planning Documents Jul 2005
Promise Unfulfilled: Private Sector Assessment for Fiji Country Planning Documents Jul 2005
Swimming Against the Tide? An Assessment of the Private Sector in the Pacific Serials Jan 2004

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