|Project Name||Support for Strengthening Business Climate|
|Project Type / Modality of Assistance||Technical Assistance
|Source of Funding / Amount||
|Strategic Agendas||Inclusive economic growth
|Drivers of Change||Governance and capacity development
Private sector development
|Sector / Subsector||
Finance / Finance sector development - Inclusive finance - Money and capital markets
Public sector management / Decentralization - Public administration
|Gender Equity and Mainstreaming||No gender elements|
|Project Rationale and Linkage to Country/Regional Strategy|
|Impact||Private sector growth in line with a market economy system enabled|
|Description of Outcome||Business environment improved|
|Progress Toward Outcome|
|Description of Project Outputs||
1. Tax administration strengthened
2. Investment approval process rationalized
3. Business access to financial services increased
|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||
Update as of 28 Mar 2019:
The following consultants have been engaged in March 2019: Debt Management Expert, Debt Management and IT Expert, Project Manager, and a Bond Market Association Advisor.
There is an ongoing recruitment for an Insolvency and Corporate Registry Expert, as well as firm recruitment for a (i) Capital Market Development Consulting Firm, and (ii) a Capital Market Development Law Firm.
Update as of 28 Feb 2019:
A major change in implementation memo increasing the TA amount from $800,000 (TASF-6) to $5,800,000, with additional cofinancing from the United Kingdom Department for International Development (DFID), was approved on 7 December 2018. The TA completion date was extended from 31 July 2020 to 31 December 2022.
The following consultants have been engaged: an international investment policy firm, 2 national experts (finance expert and country coordinator), two international experts (international microfinance expert, international tax audit expert), and 2 resource persons for the Myanmar Investment Forum and Credit Guarantee Corporation.
An international consulting firm, two international individual consultants and two national individual consultants have been recruited and have commenced their assignments. The international microfinance expert fielded his inception mission in October 2017 and the investment policy firm and internal audit expert conducted their inception missions in January 2018. A minor change in implementation arrangements was approved to engage an additional national finance expert to support the project team to implement the third output. Four resource-person contracts were issued to quickly respond to the government's requests, including (i) one international investment expert to present at the Yangon Investment Forum and (ii) one legal expert to prepare the implementation roadmap for the proposed credit guarantee corporation, and (iii) two User Acceptance Training experts to test and provide feedback on the use of the online company registry. The recruitment of the international tax data expert has been deferred pending the availability of the identified expert.
|Consulting Services||Consulting services will be delivered by a mix of individuals and a firm. ADB will hire consulting firms, according to its Guidelines on the Use of Consultants. Individual consultants will be recruited using Individual Consultant Selection (ICS). A total of 11 person-months will be allocated to individual international consultants and 23 person-months to an individual national consultant to act as a project coordinator for all activities under 3 outputs. 9 person-months of consulting inputs will be allocated to one consulting firm and will be split among 3 international experts. Procurement shall be conducted in accordance with ADB's Procurement Guidelines (2015, as amended from time to time). Disbursements under the TA will conform to ADB's Technical Assistance Disbursement Handbook.|
|Procurement||An amount will be budgeted for the purchase of equipment including 9 computers and office furniture for the new MIC offices and IAD of IRD. Procurement shall be conducted in accordance with ADB's Procurement Guidelines (2015, as amended from time to time). Disbursements under the TA will conform to ADB's Technical Assistance Disbursement Handbook.|
|Responsible ADB Officer||Nguyen, Duong T.|
|Responsible ADB Department||Southeast Asia Department|
|Responsible ADB Division||Public Management, Financial Sector and Trade Division, SERD|
Ministry of Planning and Finance
Building No 26. Nay Pyi Taw
Republic of the Union of Myanmar
|Concept Clearance||01 Mar 2017|
|Fact Finding||30 Jan 2017 to 03 Feb 2017|
|Approval||31 May 2017|
|Last Review Mission||-|
|Last PDS Update||28 Mar 2019|
|Approval||Signing Date||Effectivity Date||Closing|
|31 May 2017||07 Aug 2017||07 Aug 2017||31 Jul 2020||31 Dec 2022||-|
|Financing Plan/TA Utilization||Cumulative Disbursements|
|800,000.00||5,080,000.00||0.00||0.00||0.00||0.00||5,880,000.00||31 May 2017||614,533.34|
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 Access to Information Policy (AIP) 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|
|Support for Strengthening Business Climate: Project Data Sheet (Myanmar language translation)||Translated PDS||Jun 2017|
|Strengthening the Business Climate: Technical Assistance Report||Technical Assistance Reports||May 2017|
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.
The Access to Information Policy (AIP) establishes the disclosure requirements for documents and information ADB produces or requires to be produced in its operations to facilitate stakeholder participation in ADB's decision-making. For more information, refer to the Safeguard Policy Statement, Operations Manual F1, and Operations Manual L3.
Requests for information may also be directed to the InfoUnit.
|Tender Title||Type||Status||Posting Date||Deadline|
|Legal and Implementation Expert (Corporate and Capital Market Development)||Individual - Consulting||Closed||04 Jun 2019||06 Jun 2019|
|Insolvency and Corporate Registry Expert||Individual - Consulting||Closed||23 Mar 2019||29 Mar 2019|
|Experts in Capital Markets (International law firm)||Firm - Consulting||Closed||01 Feb 2019||02 Mar 2019|
|Project Manager||Individual - Consulting||Closed||26 Jan 2019||01 Feb 2019|
|Project Manager||Individual - Consulting||Closed||17 Jan 2019||23 Jan 2019|
|Capital Market Development, Phase 1 and 2 - International Consulting Firm||Firm - Consulting||Closed||17 Jan 2019||03 Mar 2019|
|Debt Management IT Implementation Expert||Individual - Consulting||Closed||10 Jan 2019||16 Jan 2019|
|Debt Management Expert||Individual - Consulting||Closed||10 Jan 2019||16 Jan 2019|
|Bond Market Association Advisor||Individual - Consulting||Closed||10 Jan 2019||16 Jan 2019|
|National Finance Expert||Individual - Consulting||Closed||24 Feb 2018||02 Mar 2018|
|National Project Coordinator||Individual - Consulting||Closed||20 Oct 2017||22 Oct 2017|
|Tax Data Expert||Individual - Consulting||Closed||13 Sep 2017||19 Sep 2017|
|Internal Audit Expert (Taxation)||Individual - Consulting||Closed||13 Sep 2017||19 Sep 2017|
|Investment Policy Consulting Firm||Firm - Consulting||Closed||22 Aug 2017||28 Aug 2017|
|Contract Title||Approval Number||Contract Date||Contractor||Contractor Address||Executing Agency||Contract Description||Total Contract Amount (US$)||Contract Amount Financed by ADB (US$)|
|Capacity Development||Technical Assistance 9324||26 Jan 2018||ADAM SMITH INTERNATIONAL LTD. (UNITED KINGDOM)||3 ALBERT EMBANKMENT LONDON SE1 7PS UNITED KINGDOM||*** No Executing Agency for this TA ***||Consulting Services||258,170.00||—|
None currently available.