Philippines : Upgrading and Enhancing the Corporate Registration System

Sovereign Project | 53338-001

Project Details

  • Project Officer
    Rabidin, Ahmad Faris Bin
    Sectors Group
    Request for information
  • Country/Economy
    Philippines
  • Sector
    • Finance
Project Name
Upgrading and Enhancing the Corporate Registration System
Project Number
53338-001
Country / Economy
  • Philippines
Project Status
Active
Project Type / Modality of Assistance
  • Technical Assistance
Source of Funding / Amount
TA 6667-PHI: Upgrading and Enhancing the Corporate Registration System
Source Amount
Japan Fund for Prosperous and Resilient Asia and the Pacific US$ 1.75 million
Operational Priorities
  • OP6: Strengthening governance and institutional capacity
  • OP7: Fostering regional cooperation and integration
Sector / Subsector
  • Finance /

Gender
No gender elements
Description
Project Rationale and Linkage to Country/Regional Strategy
Impact

Inequality reduced and the nation's growth potential increased by improving the business climate to encourage investments

Project Outcome

Description of Outcome

Environment for business registration improved

Progress Toward Outcome

Implementation Progress

Description of Project Outputs

CRS improved

Capacity of CRS staff strengthened

Status of Implementation Progress (Outputs, Activities, and Issues)
The TA was approved on 10 Dec 2020, declared effective on 2 Jan 2021, with an original closing date of 31 Dec 2023. As of Mar 2021, consultants are yet to be engaged thus no contracts awarded and $0 disbursements.
Geographical Location
Nation-wide

Summary of Environmental and Social Aspects

Environmental Aspects
Involuntary Resettlement
Indigenous Peoples

Stakeholder Communication, Participation, and Consultation

During Project Design
During Project Implementation

Contact

Responsible ADB Officer
Rabidin, Ahmad Faris Bin
Responsible ADB Department
Sectors Group
Responsible ADB Division
Finance Sector Office (SG-FIN)
Executing Agencies
Department of Finance

Timetable

Concept Clearance
04 Mar 2020
Fact Finding
12 Feb 2020 to 14 Feb 2020
MRM
-
Approval
10 Dec 2020
Last Review Mission
-
Last PDS Update
31 Mar 2021

Funding

TA 6667-PHI

Milestones
Approval Signing Date Effectivity Date Closing
Original Revised Actual
10 Dec 2020 02 Jan 2021 02 Jan 2021 31 Dec 2023 31 Dec 2025 -
Financing Plan/TA Utilization
ADB Cofinancing Counterpart Total
Gov Beneficiaries Project Sponsor Others
0.00 1,750,000.00 0.00 0.00 0.00 0.00 1,750,000.00
Cumulative Disbursements
Date Amount
29 May 2024 203,000.00

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
Upgrading and Enhancing the Corporate Registration System: Technical Assistance Report Technical Assistance Reports Dec 2020

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

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
National Information Technology Firm Firm - Consulting Closed
Philippines' Corporation Code Electronic Registry Firm - Consulting Closed

Contracts Awarded

Contract Title Approval Number Contract Date Contractor | Address Executing Agency Total Contract Amount (US$) Contract Amount Financed by ADB (US$)
Capacity Development Technical Assistance Technical Assistance 6667 07 Dec 2021 NORWAY REGISTERS DEVELOPMENT AS (NORWAY) | BILLINGSTADSLETTA 35 NO 1375 BILLINGSTAD / Lokketangen 20B Sandvika, Baerum, Akershus NO-1337 NORWAY Department of Finance 1,642,528.00

Procurement Plan

None currently available.