|Project Name||Private Sector Development (Subprogram II)|
|Project Type / Modality of Assistance||Technical Assistance
|Source of Funding / Amount||
|Strategic Agendas||Inclusive economic growth
|Drivers of Change||Private sector development
|Sector / Subsector||
Public sector management - Economic affairs management
|Gender Equity and Mainstreaming||No gender elements|
Based on the earlier TA and taking into account ongoing reforms in the private sector, in part supported by the PSDP subprogram I, the proposed TA will further enhance the capacity and support for strengthening private sector development on the basis of identified needs as well as assist in the implementation of reforms and removal of barriers to private sector development. The TA will assist in the preparation of subprogram II of the PSDP to further create an enabling environment for private sector development.
The TA will prepare the overall design and principal implementation components of subprogram II of the PSDP. The major components of the TA will focus on (i) continuing support to foster a competitive capital market and nonbank financial sector; (ii) reducing the Government's intervention in commercial activities by accelerating the privatization process of SOEs and commercializing government owned assets; (iii) further strengthening corporate governance, to enhance market discipline and to implement international best practices for corporate governance in the public and private sectors; and (iv) supporting deregulation activities and streamline regulations that undermine economic growth.
|Project Rationale and Linkage to Country/Regional Strategy|
|Description of Outcome|
|Progress Toward Outcome|
|Description of Project Outputs|
|Status of Implementation Progress (Outputs, Activities, and Issues)|
|Summary of Environmental and Social Aspects|
|Stakeholder Communication, Participation, and Consultation|
|During Project Design|
|During Project Implementation|
A team of 8 international consultants and 7 domestic consultants will provide a total of 28 person-months of consulting services (14 person-months international, and 14 person-months domestic). The international consultant for the secured transaction analysis will be recruited on an individual basis. Using the simplified format/biodata for technical proposals, a firm will be recruited in accordance with ADB's Guidelines on the Use of Consultants, and other arrangements satisfactory to ADB for the selection of domestic consultants. However, if all the requisite services cannot be provided by a single firm acceptable to ADB, then additional international firms may be engaged to provide one or more of the required services.
Deadliner for the submission of EOIs: 06 November 2003
|Procurement||To be determined.|
|Responsible ADB Officer||Barbara G. Ericsson|
|Responsible ADB Department||South Asia Department|
|Responsible ADB Division||Public Management, Financial Sector and Trade Division, SARD|
Ministry of Finance and Planning
Mr. Faiz Mohideen
P.O. Box 277 The Secretariat Building, Colombo 1 Sri Lanka
|Concept Clearance||03 Jun 2003|
|Fact Finding||11 Aug 2003 to 23 Aug 2003|
|Approval||12 Dec 2003|
|Last Review Mission||-|
|Last PDS Update||14 Feb 2008|
|Approval||Signing Date||Effectivity Date||Closing|
|12 Dec 2003||27 Jan 2004||27 Jan 2004||31 Aug 2004||31 Mar 2005||-|
|Financing Plan/TA Utilization||Cumulative Disbursements|
|800,000.00||0.00||0.00||0.00||0.00||0.00||800,000.00||12 Dec 2003||624,715.09|
Project Data Sheets (PDS) contain summary information on the project or program. Because the PDS is a work in progress, some information may not be included in its initial version but will be added as it becomes available. Information about proposed projects is tentative and indicative.
The Public Communications Policy (PCP) recognizes that transparency and accountability are essential to development effectiveness. It establishes the disclosure requirements for documents and information ADB produces or requires to be produced.
The Accountability Mechanism provides a forum where people adversely affected by ADB-assisted projects can voice and seek solutions to their problems and report alleged noncompliance of ADB's operational policies and procedures.
In preparing any country program or strategy, financing any project, or by making any designation of, or reference to, a particular territory or geographic area in this document, the Asian Development Bank does not intend to make any judgments as to the legal or other status of any territory or area.
|Title||Document Type||Document Date|
|Preparing the Private Sector Development Program (Subprogram II)||Technical Assistance Reports||Dec 2003|
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.
None currently available.
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