Regional: Supporting Finance Sector and Private Sector Development in the Pacific

Sovereign Project | 50396-001

The TA is aligned with the following impacts: Development-oriented policies and operations that support productive activities, decent job creation, entrepreneurship, and creativity and innovation, and promote the formalization and growth of micro,small, and medium-sized enterprises, including through access to financial services. The TA will have the following outcome: Project and program financing to support Pacific region finance and private sector operations increased.

Project Details

  • Project Officer
    Singh, Shiu Raj
    Pacific Department
    Request for information
  • Country/Economy
    Regional
  • Modality
    • Technical Assistance
  • Sector
    • Finance
Project Name Supporting Finance Sector and Private Sector Development in the Pacific
Project Number 50396-001
Country / Economy Regional
Project Status Active
Project Type / Modality of Assistance Technical Assistance
Source of Funding / Amount
TA 9340-REG: Supporting Finance Sector and Private Sector Development in the Pacific
Technical Assistance Special Fund US$ 1.00 million
TA 9340-REG: Supporting Finance Sector and Private Sector Development in the Pacific (Supplementary)
Financial Sector Development Partnership Special Fund US$ 750,000.00
TA 9340-REG: Supporting Finance Sector and Private Sector Development in the Pacific (Supplementary)
Financial Sector Development Partnership Special Fund US$ 750,000.00
TA 9340-REG: Supporting Finance Sector and Private Sector Development in the Pacific
Technical Assistance Special Fund US$ 1.00 million
Strategic Agendas Inclusive economic growth
Drivers of Change Gender Equity and Mainstreaming
Governance and capacity development
Knowledge solutions
Partnerships
Private sector development
Sector / Subsector

Finance / Banking systems and nonbank financial institutions - Finance sector development - Small and medium enterprise finance and leasing

Gender Equity and Mainstreaming Some gender elements
Description The TA is aligned with the following impacts: Development-oriented policies and operations that support productive activities, decent job creation, entrepreneurship, and creativity and innovation, and promote the formalization and growth of micro,small, and medium-sized enterprises, including through access to financial services. The TA will have the following outcome: Project and program financing to support Pacific region finance and private sector operations increased.
Project Rationale and Linkage to Country/Regional Strategy This proposed TA will provide support in addressing these issues across the Pacific Departments sector operations in finance and private sector development.
Impact Development-oriented policies and operations that support productive activities, decent job creation, entrepreneurship, and creativity and innovation, and promote the formalization and growth of micro, small and medium-sized enterprises, including through access to financial services.
Project Outcome
Description of Outcome Project and program financing to support Pacific region finance and private sector operations increased.
Progress Toward Outcome On-going
Implementation Progress
Description of Project Outputs

Finance sector assessments conducted and intervention strategy developed

Finance sector and private sector operations developed

Generation and sharing of knowledge on finance and private sector development supported

Status of Implementation Progress (Outputs, Activities, and Issues) On-going
Geographical Location Regional
Summary of Environmental and Social Aspects
Environmental Aspects
Involuntary Resettlement
Indigenous Peoples
Stakeholder Communication, Participation, and Consultation
During Project Design Consultations with governments as well as private and finance sector stakeholders were conducted.
During Project Implementation Consultations are ongoing with relevant stakeholders.
Business Opportunities
Consulting Services Consultants will be required in the following areas: (i) economic analysis; (ii) business and market analysis; (iii) financial sector development strategies and policies; (iv) private sector development strategies and policies; (v) institutional and organizational change; (vi) capacity development; (vii) knowledge management and communication; and (viii) monitoring and evaluation.
Procurement NA
Responsible ADB Officer Singh, Shiu Raj
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 26 Jun 2017
Fact Finding -
MRM -
Approval 12 Jul 2017
Last Review Mission -
Last PDS Update 22 Sep 2021

TA 9340-REG

Milestones
Approval Signing Date Effectivity Date Closing
Original Revised Actual
12 Jul 2017 - 12 Jul 2017 31 Oct 2019 30 Jun 2023 -
Financing Plan/TA Utilization Cumulative Disbursements
ADB Cofinancing Counterpart Total Date Amount
Gov Beneficiaries Project Sponsor Others
3,500,000.00 0.00 0.00 0.00 0.00 0.00 3,500,000.00 17 Jun 2022 1,932,777.33

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.


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.



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.

Tenders

Tender Title Type Status Posting Date Deadline
Digital Financial Services Specialist Individual - Consulting Closed 01 Jun 2022 14 Jun 2022
Impact Study Expert Individual - Consulting Closed 03 Jun 2021 09 Jun 2021
Anti-money Laundering and Combating the Financing of Terrorism Expert Individual - Consulting Closed 12 Mar 2021 21 Mar 2021
Software Developer/Provider Firm - Consulting Closed 18 Jul 2020 21 Aug 2020
Impact Evaluation Expert Individual - Consulting Closed 09 Jul 2020 15 Jul 2020
Digital Financial Services Expert Individual - Consulting Closed 17 Mar 2020 23 Mar 2020
Digital Financial Services Expert Individual - Consulting Closed 29 Feb 2020 15 Mar 2020
Finance Specialist Individual - Consulting Closed 07 Aug 2019 13 Aug 2019
Financial Sector Development Strategist - 2 (Team Member) Individual - Consulting Closed 12 Jan 2019 18 Jan 2019
Structural Engineer (Team Member) Individual - Consulting Closed 15 Nov 2018 29 Nov 2018
Disaster Risk Insurance Expert (Team Leader) Individual - Consulting Closed 15 Nov 2018 29 Nov 2018
Financial Sector Analyst (Team Member) Individual - Consulting Closed 14 Nov 2018 28 Nov 2018
Financial Sector Development Strategist (Team Leader) Individual - Consulting Closed 14 Nov 2018 28 Nov 2018
Software Developer for Customer Due Diligence Firm - Consulting Closed 15 Jun 2018 17 Aug 2018
Core Banking Systems and Fintech Specialist Individual - Consulting Closed 08 Jun 2018 14 Jun 2018
Agribusiness/SME Finance Specialist Individual - Consulting Closed 30 May 2018 05 Jun 2018
SME Finance and Banking Expert Individual - Consulting Closed 24 Jan 2018 06 Feb 2018
Microfinance Specialist Individual - Consulting Closed 30 Nov 2017 06 Dec 2017
Project Analyst Individual - Consulting Closed 26 Jul 2017 22 Aug 2017
Diagnostic Study on Regional SME Value Chain Project – Team Leader Individual - Consulting Closed 21 Jul 2017 17 Aug 2017
Diagnostic Study on Regional SME Value Chain Project - Team Member 2 Individual - Consulting Closed 21 Jul 2017 17 Aug 2017
Diagnostic Study on Regional SME Value Chain Project – Team Member 1 Individual - Consulting Closed 21 Jul 2017 17 Aug 2017

Contracts Awarded

Contract Title Approval Number Contract Date Contractor | Address Executing Agency Total Contract Amount (US$) Contract Amount Financed by ADB (US$)
Policy and Advisory Technical Assistance 9340 21 Jan 2021 Trust, Integrity & Compliance Limited (NEW ZEALAND) in association with GravityLab Limited (NEW ZEALAND) | 253 Queen Street, Auckland New Zealand Asian Development Bank 296,450.00
Policy and Advisory Technical Assistance 9340 01 Mar 2019 EverID (UNITED STATES) | 12366 Poway Road #106 Poway, CA 92064 United States Asian Development Bank 238,484.00

Procurement Plan

None currently available.