Regional : Support for Private Sector Development in South Asia

Sovereign Project | 58095-001

The TA will support mainstreaming of private sector development (PSD) in ADB's operation in the South Asia Region (SAR) through the following activities: (i) preparation of private sector assessment (PSA) to assess challenges and opportunities for enhanced PSD in key sectors of the economy, (ii) identifying and embedding PSD components in the conceptualization and design of sovereign projects or programs, (iii) identifying and preparing opportunities for private sector participation (PSP) in the development of infrastructure and public goods, (iv) designing and piloting TA activities to support the growth of local enterprises, and (v) carrying out PSD advocacy and outreach programs.

Project Details

  • Project Officer
    Pokharel, Santosh
    South Asia Department
    Request for information
  • Country/Economy
    Regional
  • Sector
    • Industry and trade
Project Name
Support for Private Sector Development in South Asia
Project Number
58095-001
Country / Economy
  • Regional
  • Bangladesh
  • Bhutan
  • Maldives
  • Nepal
  • Sri Lanka
Project Status
Proposed
Project Type / Modality of Assistance
  • Technical Assistance
Source of Funding / Amount
TA: Support for Private Sector Development in South Asia
Source Amount
Technical Assistance Special Fund US$ 1.00 million
Operational Priorities
  • OP1: Addressing remaining poverty and reducing inequalities
  • OP2: Accelerating progress in gender equality
  • OP3: Tackling climate change, building climate and disaster resilience, and enhancing environmental sustainability
  • OP4: Making cities more livable
  • OP5: Promoting rural development and food security
  • OP6: Strengthening governance and institutional capacity
Sector / Subsector
  • Agriculture, natural resources and rural development / Agricultural policy, institutional and capacity development

  • Energy / Energy sector development and institutional reform

  • Finance / Finance sector development

  • Health / Health sector development and reform

  • Industry and trade / Industry and trade sector development

  • Public sector management / Reforms of state owned enterprises

  • Transport / Transport policies and institutional development

  • Water and other urban infrastructure and services / Urban policy, institutional and capacity development

Gender
Effective gender mainstreaming
Description
The TA will support mainstreaming of private sector development (PSD) in ADB's operation in the South Asia Region (SAR) through the following activities: (i) preparation of private sector assessment (PSA) to assess challenges and opportunities for enhanced PSD in key sectors of the economy, (ii) identifying and embedding PSD components in the conceptualization and design of sovereign projects or programs, (iii) identifying and preparing opportunities for private sector participation (PSP) in the development of infrastructure and public goods, (iv) designing and piloting TA activities to support the growth of local enterprises, and (v) carrying out PSD advocacy and outreach programs.
Project Rationale and Linkage to Country/Regional Strategy
To support the DMCs in SAR in realizing their development potential, ADB, in line with its new operating model (NOM) and Strategy 2030, should be catalyst for the PSD. This will require proper assessment to: (i) understand impediments, including policy constraints, and (ii) scope out opportunities for PSD. This will also require ADB to support DMCs government in SAR to embed PSD components early at the project conceptualization and design stage because public sector spending alone will not be sufficient to meet investment requirement to achieve sustainable development goals (SDGs).
Impact
Outcome
Outputs
Geographical Location
Bangladesh - Nation-wide; Bhutan - Nation-wide; Maldives - Nation-wide; Nepal - Nation-wide; Sri Lanka - 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
Pokharel, Santosh
Responsible ADB Department
South Asia Department
Responsible ADB Division
Office of the Director General, SARD (SAOD)
Executing Agencies
Asian Development Bank

Timetable

Concept Clearance
22 Apr 2024
Fact Finding
-
MRM
-
Approval
-
Last Review Mission
-
Last PDS Update
17 May 2024

Funding

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Evaluation Documents See also: Independent Evaluation

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Related Publications

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Tenders

No tenders for this project were found.

Contracts Awarded

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Procurement Plan

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