Regional: Facilitating Small and Medium-Sized Enterprises Foreign Direct Investment Flows: An ASEAN+6 Case Study

Sovereign Project | 50315-001

The TA will (i) assess the likely impact of investment and other foreign direct investment-related provisions in the draft RCEP agreement for enhanced FDI flows in ASEAN+6; (ii) identify barriers to enhanced SMEs' FDI flows between ASEAN+6 countries; and (iii) propose policy reforms, capacity development programs, and private sector transactional support to translate likely RCEP provisions and the potential internationalization of SMEs into enhanced FDI flows in the ASEAN+6 countries, particularly SME-driven FDI for agriculture, manufacturing, and services.

Project Details

  • Project Officer
    Goswami, Arjun
    Sustainable Development and Climate Change Department
    Request for information
  • Country/Economy
    Regional
  • Modality
    • Technical Assistance
  • Sector
    • Industry and trade
Project Name Facilitating Small and Medium-Sized Enterprises Foreign Direct Investment Flows: An ASEAN+6 Case Study
Project Number 50315-001
Country / Economy Regional
Project Status Closed
Project Type / Modality of Assistance Technical Assistance
Source of Funding / Amount
TA 9271-REG: Facilitating Small and Medium Enterprise Foreign Direct Investment Flows: An ASEAN+6 Case Study
Technical Assistance Special Fund US$ 750,000.00
Strategic Agendas Inclusive economic growth
Regional integration
Drivers of Change Governance and capacity development
Knowledge solutions
Partnerships
Private sector development
Sector / Subsector

Industry and trade / Small and medium enterprise development - Trade and services
Gender Equity and Mainstreaming No gender elements
Description The TA will (i) assess the likely impact of investment and other foreign direct investment-related provisions in the draft RCEP agreement for enhanced FDI flows in ASEAN+6; (ii) identify barriers to enhanced SMEs' FDI flows between ASEAN+6 countries; and (iii) propose policy reforms, capacity development programs, and private sector transactional support to translate likely RCEP provisions and the potential internationalization of SMEs into enhanced FDI flows in the ASEAN+6 countries, particularly SME-driven FDI for agriculture, manufacturing, and services.
Project Rationale and Linkage to Country/Regional Strategy The TA will support the implementation of ADB's RCI Operational Plan operational direction 2 on raising competitiveness in connected markets through the facilitation of inter-subregional FDI flows.
Impact Economic linkages between East Asia, Southeast Asia, and South Asia enhanced (Regional Cooperation and Integration Operational Plan)
Project Outcome
Description of Outcome Inter-subregional FDI flows promoted, especially by small and medium enterprises (SMEs)
Progress Toward Outcome Due to unsettled issue, RCEP negotiations are ongoing.
Implementation Progress
Description of Project Outputs

RCEP agreement impact analysis completed

SME foreign investor survey completed

Sectoral FDI facilitation papers completed
Status of Implementation Progress (Outputs, Activities, and Issues) Background paper, firm level surveys, and country reports on Cambodia, India, and Thailand have been completed.
Geographical Location Regional
Summary of Environmental and Social Aspects
Environmental Aspects
Involuntary Resettlement
Indigenous Peoples
Stakeholder Communication, Participation, and Consultation
During Project Design None
During Project Implementation Select SMEs and SME-related associations were consulted during implementation.
Business Opportunities
Consulting Services

The TA will require 2 person-months of individual international consultancy services from an international trade economist/macroeconomist and an international trade lawyer.

A firm will be engaged for about 5 person-months to conduct the enterprise-level surveys and prepare the papers on SME survey findings and sectoral FDI facilitation. The firm must be able to provide (i) experts on designing and conducting enterprise level surveys and (ii) experts on SME FDI in agriculture, manufacturing, and services, and structuring of private sector proofs of concept.

The TA will also require 24 person-months of individual national consultancy services comprising: (i) 12 person-months for a research associate; and (ii) 12 person-months for a project coordinator.
Procurement None
Responsible ADB Officer Goswami, Arjun
Responsible ADB Department Sustainable Development and Climate Change Department
Responsible ADB Division SDTC-RCI
Executing Agencies
Asian Development Bank
6 ADB Avenue,
Mandaluyong City 1550, Philippines
Timetable
Concept Clearance 08 Nov 2016
Fact Finding 16 Sep 2016 to 16 Sep 2016
MRM -
Approval 08 Dec 2016
Last Review Mission -
Last PDS Update 27 Mar 2019

TA 9271-REG

Milestones
Approval Signing Date Effectivity Date Closing
Original Revised Actual
08 Dec 2016 - 08 Dec 2016 30 Jun 2018 30 Aug 2019 28 Feb 2020
Financing Plan/TA Utilization Cumulative Disbursements
ADB Cofinancing Counterpart Total Date Amount
Gov Beneficiaries Project Sponsor Others
750,000.00 0.00 0.00 0.00 0.00 0.00 750,000.00 17 Jun 2022 674,904.91

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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.

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Tenders

No tenders for this project were found.

Contracts Awarded

Contract Title Approval Number Contract Date Contractor | Address Executing Agency Total Contract Amount (US$) Contract Amount Financed by ADB (US$)
Research and Development Technical Assistance 9271 09 Aug 2017 Mekong Economics(HONG KONG, CHINA) in association with PT Kadence International(INDONESIA) | 50 Gloucester Wanchai Hong Kong, China Asian Development Bank 360,081.00 —

Procurement Plan

None currently available.