IFC FY08 New Advisory Projects - IFC Home

IFC Advisory Services Projects Approved During FY08 Region Country Project Name Energy Efficiency Survey in Armenia Project ID 557190 Business Line Objective Central and Eastern Armenia Europe Environment and Part of a broader survey program, the project assesses existing energy Social Sustainability efficiency (EE) market conditions and promotes EE financing in Armenia. The objective is to create among local Armenian banks an awareness of EE financing and a willingness to pursue such financing with local SMEs. Environment and Part of a broader survey program, the project assesses existing energy Social Sustainability efficiency (EE) market conditions and promotes EE financing in Belarus. The objective is to create among local Belarusian banks an awareness of EE financing and a willingness to pursue such financing with local SMEs. Access To Finance The project provides advisory services to support the development of Belarus Bank for Small Business, a microfinance bank scheduled to begin operations in mid-2008. The objective is to increase competition within the MSME segment of the banking sector and improve the availability and terms of financing (including reduced interest rates) for MSME clients. The project works with three banks in Armenia to improve and increase their mortgage lending operations and increase their access to investment; and it addresses contradictions in the country’s legislation. The objective is to further the development of the residential mortgage market in Armenia by increasing the effectiveness and reliability of the banks’ lending operations, thereby making mortgages more affordable and enabling citizens to improve their living conditions. Central and Eastern Belarus Europe Energy Efficiency Survey in Belarus 557191 Central and Eastern Belarus Europe Microfinance Bank of Belarus 561186 Central and Eastern Eastern Europe Europe Region Armenia Mortgage Market Development Project 549975 Access To Finance Central and Eastern Georgia Europe Energy Efficiency Survey in Georgia 557189 Environment and Part of a broader survey program, the project assesses existing energy Social Sustainability efficiency (EE) market conditions and promotes EE financing in Georgia. The objective is to create among local Georgian banks an awareness of EE financing and a willingness to pursue such financing with local SMEs. Environment and The project stimulates investment in Cleaner Production technologies and Social Sustainability processes in Russian industry. The objectives are to improve resource efficiency in Russia and reduce levels of environmental pollution and emissions of greenhouse gases, thereby supporting economic competitiveness and enhancing the attractiveness of companies as investment opportunities for IFC and local financial institutions. Environment and The project develops an environmental management training program for Social Sustainability road construction companies in Chuvash Republic of the Russian Federation and tests the training with Chuvashavtodor Road Construction Company, a current IFC investment client. The objective is to create and test a training program that can be replicated and will ally the expertise of the Moscow Road Transport Institute with European and international expertise. Environment and The project creates a Community Development Strategy (CDS) for the Social Sustainability IFC-funded Kupol gold mine to guide Kupol in carrying out its community programs. Objectives include broad community ownership of the Kupol program (incorporating the views of the mine’s stakeholders and of indigenous people), having an impact on transparency and the adoption of CDS practices in Russia, and having a significant demonstration effect. Central and Eastern Russian Europe Federation Russia: Cleaner Production 560345 Central and Eastern Russian Europe Federation Chuvashavtodor Environmental Management Training 561392 Central and Eastern Russian Europe Federation Kupol Foundation TA 546924 Printed on 10/25/2009 Page 1 of 38 IFC Advisory Services Projects Approved During FY08 Region Country Project Name Ukraine Corporate Governance Mediation Pilot Project ID 561973 Business Line Value Addition to Firms Objective Central and Eastern Ukraine Europe The 18-month project develops and tests mediation in Ukraine, using project-trained local mediators to resolve 10 test-case corporate governance (CG) disputes. The objective is to introduce CG-related mediation in Ukraine and to increase awareness among Ukrainian businesses about mediation as an efficient complement to the court system, thereby releasing funds and realizing cost and time savings for SMEs and other enterprises. Environment and Part of a broader program, the project conducts an energy efficiency (EE) Social Sustainability survey in Ukraine to assess the current market for EE financing. The objective is to raise awareness of such financing among local financial institutions (FIs), SMEs, and policy makers, and to create a willingness among Ukrainian FIs to pursue EE financing with local SMEs. Value Addition to Firms The project is a pilot to develop a food safety improvement project in Ukraine. Objectives are: 1) to increase awareness of food safety issues and solutions in the food processing sector; 2) to bring the level of local expertise to international standards; and 3) to speed up the adoption in Ukraine of best international practices in food safety. The project identifies options for IFC’s involvement in providing infrastructure advisory services in Ukraine. The objective is to obtain one or more public-private partnership mandates, define a longer-term strategy for infrastructure advisory in Ukraine, and support IFC’s management in structuring and setting up a potential Private Enterprise Partnership Ukraine Infrastructure facility. The project investigates in detail the internal audit and internal control component of corporate governance in Ukraine. The objective is to evaluate the current level of internal audit functions and internal control systems in Ukrainian companies and banks—at the same time developing tools that will contribute to IFC’s corporate governance product line and move it to more advanced levels of specialization and potential replication in other countries and regions. The project assists the government of Ukraine with tax reform by identifying specific taxes and types of tax compliance procedures that are most burdensome for businesses, and establishing a baseline against which future reforms can be evaluated. The objective is to support and guide the reform process, reduce the tax compliance burden for businesses, and thereby encourage higher levels of investment in Ukraine. The project provides advisory services for Khlibprom, a leading regional integrated industrial manufacturer of bread and bakery products in the Western and Central regions of Ukraine. The objective is to maximize production efficiency, improve supply and distribution logistics, and rationalize management systems. The project is a consultant-led study assessing the size and potential growth of the agriculture finance sector in Ukraine, exploring possibilities for financial instruments such as bank loans, factoring, and leasing. The objective is to strengthen the development of the country’s agricultural sector through a possible IFC advisory services intervention. Central and Eastern Ukraine Europe Energy Efficiency Survey in Ukraine 557145 Central and Eastern Ukraine Europe Ukraine Food Safety Improvement Pilot 561634 Central and Eastern Ukraine Europe Ukraine Infrastructure Advisory 26816 Infrastructure Central and Eastern Ukraine Europe Ukraine Internal Audit Internal Control Study 557251 Value Addition to Firms Central and Eastern Ukraine Europe Ukraine Tax Compliance Cost Survey 559525 Business Enabling Environment Central and Eastern Ukraine Europe Central and Eastern Ukraine Europe Khlibprom - TA for Improvement of Production Efficiencies & Logistics Management Ukraine Agri-Finance Study 557225 Value Addition to Firms 556785 Access To Finance Printed on 10/25/2009 Page 2 of 38 IFC Advisory Services Projects Approved During FY08 Region East Asia and Pacific Country Cambodia Project Name Cambodia SEZ Legal and Institutional Framework Project ID 556686 Business Line Business Enabling Environment Objective The project assists the Cambodia Special Economic Zones Board in drafting legislation that will support the long-term viability of special economic zones. The objective is an effective legal, regulatory, and institutional framework for these zones, based on international best practices. Infrastructure The two-part project assists GDIH (a Shanghai-listed holding company that owns power-generation companies in the Pearl River Delta region of Guangdong Province, China) by 1) reviewing GDIH’s environmental and social management system processes and helping develop the outline for its first sustainability report; and 2) reviewing the current industrial hazard management performance of three major Pearl River Delta industrial facilities and recommending specific actions for improvement. The objective is to strengthen GDIH’s strategy for corporate social responsibility and to demonstrate good practices for private sector companies in China facing the same challenges. Access To Finance The project provides advisory services to support the development and capacity building of Microcred Nanchong, a greenfield microfinance institution. The objective is to help improve the availability of financial services to micro and small businesses and to the rural population in the Nanchong prefecture of Sichuan, China. Innovation/Global The multiyear pilot project provides advisory services to the Chinese Fund Projects government to help draft and pass a personal bankruptcy law. The objective is a law that is consistent with international best practice, and a summary document that can serve as a tool for similar projects in other emerging markets. Access To Finance The project helps ZAXY to improve its institutional capacity in the conduct of its microfinance operations, and to build a solid basis for its accelerated business growth and territorial expansion. The objective is to expand access to credit by microentreprenuers and salaried workers, who are generally underserved by mainstream financial institutions, and to create a role model for microfinance institutions in China to stimulate the development of this industry. Access To Finance The project provides mapping to identify energy-efficiency potential in selected regions and industries in China, and provides advisory services to banks for implementation of energy-efficiency investments. The objective is the scale-up of the IFC China Utility-Based Energy Efficiency Finance Project. Environment and The project invests in Panel Board Holding B.V. to test the commercial Social Sustainability viability of an innovative wheat-straw splitting technology to replace wood with wheat straw in the production of panel boards for a wide range of applications in the housing construction industry. Objective include slowing deforestation in the region by reducing demand for wood, reducing local air pollution and health issues associated with straw burning, improving agricultural productivity by removing waste straw from the fields, and providing a new source of revenue to low-income local farmers. Access To Finance The project provides advisory services to Binhai Rural Commercial Bank (a new IFC investee financial institution in Binhai New District, Tianjin) in credit risk management, skills training for managers and officers, and strengthening of internal controls. The objective is for the client to develop into a competitive modern commercial bank with competent management, strong staff skills, and adequate internal controls. East Asia and Pacific China GDIH-AS-Corporate Social Responsibility Demonstration / Cumulative Risk Assessment 539145 East Asia and Pacific China TA to MC Nanchon 558826 East Asia and Pacific China IF-China Personal Bankruptcy Law Project 561106 East Asia and Pacific China TA to Zhong an 560605 East Asia and Pacific China CHUEE Scale Up 558185 East Asia and Pacific China Panel Board Holding 556025 East Asia and Pacific China Investee FI BRCB TA 556666 Printed on 10/25/2009 Page 3 of 38 IFC Advisory Services Projects Approved During FY08 Region East Asia and Pacific Country China Project Name Accion Inner Mongolia Microfinance Company Project ID 555466 Business Line Access To Finance Objective The project supports the creation and best-practice operation of Inner Mongolia Microfinance Institution, a new greenfield microfinance institution expected to provide a replicable prototype for China's microfinance industry. The objective is to expand availability of financial services in the Chifeng prefecture of Inner Mongolia, and throughout the country by its demonstration effect. The project, in partnership with Stora Enso, helps the forestry plantation sector in Guangxi, China, to improve business and management skills; address technical, environmental, and social issues (labor, employment, health, and safety); and ultimately strengthen the financial performance of local MSME contractors. The objective is to establish a sustainable and competitive fiber supply base for China’s growing domestic paper market, and at the same time create jobs, improve the quality of contractors, and have a demonstration effect. The pilot project strengthens the supply chain of wine producers in Yantai and supports the improvement of disease management for grape growers in the region, by 1) gathering and disseminating knowledge of causes and treatments of grape diseases, 2) helping to establish a grape-diseases management system in Yantai, and 3) improving productivity of grape growers. The objective is to develop sustainable agricultural management, thereby helping grape growers produce higher yields of high-quality grapes, and thus more income. The project designs a global IFC Web-based interactive tourism database. Objectives are: 1) to interpret and present findings and scores for each country on its preparedness for sustainable development of the tourism sector from the perspective of investment climate, destination management (including social and environmental sustainability), destination supply, and market demand; and 2) to benchmark destinations to demonstrate relative positions in sustainable tourism preparedness and investment readiness. The project provides advisory services to develop and implement vital regional financial infrastructure (credit bureaus, secured transactions, company and business registries, and payments systems) in Pacific Island markets plus Timor Leste. The objective is to broaden access to finance and improve key Doing Business indicators (starting a business and getting credit) in participating countries. The project provides advisory services to the government of Indonesia to implement private sector participation to build, own, and operate the 2x600-megawatt greenfield coal-fired Central Java Power Project. The objective is to revitalize private sector investment in Indonesia’s power sector. The project works with microfinance institutions (MFIs) in Indonesia by: 1) supporting commercial banks dedicated to serving MSMEs as a core business segment; 2) promoting mergers and acquisitions among smallto-medium rural banks; and 3) transforming large rural banks into commercial banks with a wider range of services. The objective is to improve the outreach of financial services to MSMEs, and to facilitate and support the establishment of the first microfinance rating business in Indonesia—to improve transparency, strengthen MFIs, and facilitate investment in the microfinance sector. East Asia and Pacific China LK: Stora Enso Guangxi 554206 Value Addition to Firms East Asia and Pacific China LK: Changyu Grape Diseases Management Systems 552285 Value Addition to Firms East Asia and Pacific East Asia and Pacific Region IF-Tourism Sector Diagnostic Benchmarking Database 561650 Innovation/Global Fund Projects East Asia and Pacific East Asia and Pacific Region Pacific Financial Markets Infrastructure 561592 Access To Finance East Asia and Pacific Indonesia CentralJava IPP 26215 Infrastructure East Asia and Pacific Indonesia Mainstream Microfinance 561599 Access To Finance Printed on 10/25/2009 Page 4 of 38 IFC Advisory Services Projects Approved During FY08 Region East Asia and Pacific Country Indonesia Project Name Bank of Banks Advisory Project ID 561506 Business Line Access To Finance Objective The project supports establishment of a Bank of Banks to provide wholesale products and services to microfinance institutions (MFIs) in Indonesia, enabling them to offer a broader range of products to more enterprises and low-income households. The objective is to increase the outreach of MFIs and promote their consolidation, professionalism, and efficiency, potentially affecting more than 2,000 MFIs that will reach about 1 million MSMEs. The project partners with banks, telecom companies, and third-party providers 1) to improve the regulatory framework for transformational mobile banking in Indonesia, 2) to measure the demand for such services, 3) to improve stakeholders’ understanding, and 4) to develop scalable business models. The objective is to develop in Indonesia a transformational mobile or branchless banking service to provide widespread access to financial services. The project is a public-private dialogue to enable the provincial government of Aceh and the private sector to create 1) a healthy business environment and investment climate, and 2) a foundation for ongoing, structured dialogue between the public and private sectors. The objective is a more robust and sustainable private sector, and an investment climate that will stimulate economic activity and led to increased opportunities and jobs. The project assists the government of Indonesia in establishing a new financial institution, the Indonesian Infrastructure Facility. The objective is to stimulate private investment in infrastructure, mainly by providing local currency financing. The project helps Indonesia put to practical use a law (passed in mid2006) expanding access to financial services by farmers and SMEs by allowing banks to take negotiable warehouse receipts as collateral. The objective is to develop an enabling environment for a negotiable warehouse receipts system that benefits smallholders and others, thereby increasing lending by private, commercial banks to rural, especially agricultural, borrowers. The project assists the Lao People’s Democratic Republic with implementation of a unified investment law, including clear and streamlined regulations and clarification of the role of the Ministry of Planning and Investment, shifting its focus from investment approval and management to promotion and facilitation. The objective is to support the development of a best practice legal and regulatory framework for investment, and to strengthen the country’s investment promotion capabilities. The project provides advisory services to help Mongolia improve laws, regulations, policies, and operations of leasing, housing finance, credit bureau, and collateral systems, and to help financial institutions with credit analysis, risk management, leasing, housing finance, SME lending, and trade finance. The objective is to support the development of sustainable access to finance for SMEs and the lower-income population in Mongolia. The project provides advisory and financial support to Bank South Pacific (BSP), conducting on-the-job training for about 20–25 of the bank’s staff in Papua New Guinea, reviewing and assessing bank policies and operations. The objective is to improve the performance of BSP and increase significantly its involvement in trade transactions. East Asia and Pacific Indonesia Indonesia Mobile Banking Project 560870 Access To Finance East Asia and Pacific Indonesia Aceh Public Private Dialogue 559345 Business Enabling Environment East Asia and Pacific Indonesia Indonesia Infrastructure Facility 561407 Infrastructure East Asia and Pacific Indonesia Warehouse Receipts Indonesia Agribusiness 553725 Access To Finance East Asia and Pacific Lao People's Democratic Republic BEE-LS Investment Law 558845 Business Enabling Environment East Asia and Pacific Mongolia Mongolia FS TA 551965 Access To Finance East Asia and Pacific Papua New Guinea GTFP - In-house training for Bank South Pacific (BSP) in Papua New Guinea 562753 Access To Finance Printed on 10/25/2009 Page 5 of 38 IFC Advisory Services Projects Approved During FY08 Region East Asia and Pacific Country Philippines Project Name Small Power Utilities Group Project ID 26513 Business Line Infrastructure Objective The project helps the government of the Philippines address the energy crisis in Basilan, one of its poorest and most challenged regions, by accelerating rural electrification in remote nongrid areas through private sector participation. The objective is for new independent power producers to provide reliable, secure, and affordable electricity, thereby increasing economic activities in the area and contributing to industrial growth, which can bring employment opportunities and have a positive impact on the quality of life. The project assesses the use of a certification process and business training to improve the performance of the Philippine outgrower sector. Objectives include: 1) increased income; 2) sustainable production and increased yields through environmentally sound agricultural practices; 3) enhanced reputation of the banana industry through improved social practices; 4) increased production of environmentally certified product; 5) improved linkages among producers and lead firms, and with surrounding communities; and 6) better access to markets and finance. The project helps the government of the Philippines address the energy crisis in Sulu, one of its most impoverished provinces, by accelerating rural electrification in remote nongrid areas through private sector participation. The objective is for new independent power producers to provide reliable, secure, and affordable electricity, thereby increasing economic activities in the area, freeing government resources that can be allocated to poverty reduction, and facilitating peace and human dignity. The project provides support for the Growth and Investment Climate Working Group of the Philippine Development Forum. The objective is to strengthen the existing public-private dialogue mechanism. The project acts as lead transaction adviser to assist Olongapo City in 1) structuring a viable public-private partnership transaction for the rehabilitation, upgrading, management, and expansion of the city-owned and -operated electricity-distribution system; 2) marketing the project to potential investors; and 3) conducting a fair, transparent, and competitive selection process for the project sponsor. The objective is to improve the delivery of electric-distribution services within the city. The project evaluates the effectiveness and impact of the current corporate governance scorecard and, pending the findings of the evaluation, will provide support to the Institute of Corporate Directors, based in Manila, Philippines. The objective is to revise, broaden, and deepen the use of a corporate governance scorecard, first, in the Philippines, and second, in a number of countries across the Asian region. The project is an intervention, with the Association of Mindanaon Rural Electric Cooperatives, in the electricity distribution subsector of the Philippine power industry. Objective are: 1) to help member electric cooperatives develop business models to operate under private sector conditions; 2) to improve the regulatory environment to enable the cooperatives to participate more fully in the regulatory process; and 3) and to disseminate success stories, models, and tools to help other electric cooperatives replicate the projects. East Asia and Pacific Philippines Mindanao Banana Value Chain 561416 Value Addition to Firms East Asia and Pacific Philippines SPUG Sulu 26783 Infrastructure East Asia and Pacific East Asia and Pacific Philippines PPDialogue 562567 Business Enabling Environment Infrastructure Philippines Olongapo Power 26815 East Asia and Pacific Philippines PHILIPPINES CORPORATE GOVERNANCE SCORECARD 560045 Value Addition to Firms East Asia and Pacific Philippines Philippines Rural Electrification 554187 Infrastructure Printed on 10/25/2009 Page 6 of 38 IFC Advisory Services Projects Approved During FY08 Region East Asia and Pacific Country Philippines Project Name Phils SEF Project ID 549585 Business Line Access To Finance Objective The project supports implementation of the Philippine government’s campaigns for national energy efficiency and for climate-change mitigation, through the creation of a commercial financing market for sustainable energy projects. The objective is to improve energy security and economic productivity, and to promote private enterprise in the energy sector. The project is a public-private dialogue in Timor-Leste. The objectives are 1) a process for the private and public sectors to identify, prioritize, and implement initiatives to advance private sector development, and 2) opportunities for IFC Foreign Investment Advisory Service and other donors to design and implement reform initiatives to improve the environment for private sector activity. The project helps small and medium accommodation businesses in TimorLeste develop an e-booking system and marketing network. The objective is to facilitate access of these businesses to the independent traveler market. The project assists Tonga in improving performance against Doing Business indicators (for starting a business, dealing with licenses, and enforcing contracts) via reforms to streamline regulatory and administrative processes and foster investment policy and promotion. The objective is to improve Tonga’s investment climate and increase private sector activity, and to strengthen the country’s ability to address its own regulatory and private sector issues. The project assists with a program of reforms to streamline regulatory and administrative processes and foster investment policy and promotion in Vanuatu. The objectives are: 1) to improve Vanuatu’s investment climate and increase private sector activity, and improve Vanuatu’s performance against the Doing Business indicators within selected topics; and 2) to continue to strengthen Vanuatu’s ability to address its own regulatory and private sector issues through a sustainable process of engaging the private sector in public policy formulation. The project provides advisory services to the government of Vanuatu in introducing private sector participation in the country’s aviation sector in the form of privatization of the national airline. Objectives are: 1) to reduce the fiscal impact on the government; 2) to reduce cost and improve the frequency of transportation to and around the islands of Vanuatu; and 3) to have a demonstration effect regarding government capacity to implement transparent transactions. The project combines advisory services, investment operations, and World Bank initiatives to introduce international practices, procedures, and processes to improve the corporate and government bond markets in Vietnam, strengthen market participants, reduce risk, and implement broader regulatory initiatives. The objective is to develop the infrastructure for an efficient capital market. The project supports reform of the regulatory and institutional framework for secured lending in Vietnam, and provides training and awareness raising for the financial sector. The objective is to improve the legal environment of the registration process, and to promote lending against moveable assets. East Asia and Pacific Timor-Leste Timor Leste PublicPrivate Dialogue 557728 Business Enabling Environment East Asia and Pacific Timor-Leste Timor Leste ebooking implementation Tonga Regulatory Simplification and Investment Policy and Promotion Program 550574 Value Addition to Firms East Asia and Pacific Tonga 561891 Business Enabling Environment East Asia and Pacific Vanuatu Vanuatu Regulatory Simplification and Investment Policy and Promotion Project 556685 Business Enabling Environment East Asia and Pacific Vanuatu Air Vanuatu 26227 Infrastructure East Asia and Pacific Vietnam ATF-VN Capital Market 561026 Access To Finance East Asia and Pacific Vietnam ATF- Vietnam Secured Transactions Phase 2 561593 Access To Finance Printed on 10/25/2009 Page 7 of 38 IFC Advisory Services Projects Approved During FY08 Region East Asia and Pacific Country Vietnam Project Name Antara Cold Storage Project ID 561366 Business Line Infrastructure Objective The project provides advisory services to assist Antara (a Vietnamese company) and InfraCo in the joint development of a cold-storage facility in Ho Chi Minh City adjacent to the Lotus Port. The objective is a coldstorage facility developed and operated in full compliance with IFC Performance Standards on Social and Environmental Sustainability. East Asia and Pacific Vietnam Tax Compliance Cost Survey and Assessment 561307 Business Enabling Environment East Asia and Pacific Vietnam SCL-Vietnam Mekong Bamboo 2 553046 Latin America & Caribbean Bolivia Enhancing Benefits of Transierra's Indigenous Development Plan 543645 The project assists with the preparation and results-analysis of a baseline survey of tax compliance costs for the World Bank’s Tax Administration Modernization Project. The objective is to contribute to the tax knowledgemanagement program through the development of a scalable and replicable survey instrument. Value Addition to The project addresses near-source preprocessing of bamboo in the Firms Mekong region of Vietnam—developing a viable, market-driven, integrated regional bamboo industry sector and demonstrating that the positive results from the Thanh Hoa pilot can be replicated and significantly scaled up. The objective is a scaleable rural industrial model, transferring value to growers, creating viable local businesses, and leading to more widespread economic transformation. Environment and The project enhances the commercial viability of four community-based Social Sustainability agri-projects (financially assisted by the Indigenous Development Plan's Support Program implemented by Transierra S.A.), demonstrating how long-term business planning can promote sustainable community development. The objective is to increase the gross sales and net income of the community-based agri-projects and, indirectly, the net income of other communities acting as suppliers of raw materials. Environment and The project is a feasibility study to assess the commercial viability and Social Sustainability socioeconomic impact of a private sector approach to integrating 1) services to formalize irregular settlements of poor urban communities and 2) services addressing basic infrastructure and community engagement. The objective is an informed decision concerning the product development, scalability, and transfer potential of the business model, plus a detailed picture of the needs of the communities served. Infrastructure The project assist the government of Bahia (in the poorest region of Brazil) in structuring and implementing a public-private partnership for a road system near the capital city of Salvador. The objective is the development of the state of Bahia and Brazil’s northeast region, and reduction of the country’s infrastructure bottleneck. Environment and The project provides advisory services to help Pandurata Alimentos Ltda. Social Sustainability undertake a cleaner-production audit of its Bonsucesso facility in Brazil. The objective is to introduce energy efficiency and water-use saving measures, and potentially to encourage other food sector businesses in Brazil and neighboring countries to adopt cleaner production practices in their operations. Environment and The project is a pilot to test the effectiveness and impact of a sustainable Social Sustainability cattle-procurement model (including georeferencing, environmental compliance, and good agricultural practices) on 20 Bertin suppliers for its slaughterhouse in Maraba, Para, Brazil. The objective is to establish the project structure, determine the demand for services, and identify the best methodology to roll out to approximately 500 other Bertin suppliers. Latin America & Caribbean Brazil Srsp TERRA NOVA 560947 Latin America & Caribbean Brazil BA 093 26967 Latin America & Caribbean Brazil CT R-Bauducco 557825 Latin America & Caribbean Brazil Bertin Sustainable Supply Chain 553067 Printed on 10/25/2009 Page 8 of 38 IFC Advisory Services Projects Approved During FY08 Region Latin America & Caribbean Country Central America Region Project Name IF-Carbon Coffee Project ID 561635 Business Line Innovation/Global Fund Projects Objective The project develops and tests a system that can be integrated into the annual audits of international farm certification programs. The objective is to verify and monitor carbon storage on coffee farms, especially small holdings, and to allow coffee farmers to earn additional income by planting trees and marketing their carbon storage. Latin America & Caribbean Latin America & Caribbean Central America Region Colombia Affordable Housing Fund - Central America CT R- Cartones 560725 563107 Latin America & Caribbean Colombia TC-2MKT DEV/ABS 558605 Latin America & Caribbean Guyana LK:Guyana Gold 548285 The project assists with a feasibility study and the design of an affordable housing fund in Central America. The objective is the creation of such a fund. Environment and The project delivers advisory services to Cartones Americas Group to Social Sustainability undertake a cleaner production audit at its facility in the town of Cali, Colombia. The objective is introduction of energy-saving measures at its paper mill in Colombia and, if successful, to encourage replication of cleaner production practices by its own subsidiaries and other sector players in Colombia and the region. Access To Finance The project uses international knowledge of mortgage-backed securities markets to advise Titularizadora Colombiana (a secondary market company) in developing the secondary mortgage market in Colombia. The objective is to develop 1) the secondary market for TIPS (a type of securities issuance), and 2) new asset-backed securities products for the company to offer in the capital market. Value Addition to The project is a health pilot developed at the request of Guyana Firms Goldfields to address a range of health issues for its workers and the surrounding community. The objective is to build a business case that improving the health of Guyana Goldfields’ workers (and the broader community) can lead to measurable cost savings by reducing the number of work days lost to illnesses and by reducing illness-related expenses. Infrastructure The project assists the government of Haiti in the concession of the airport of Port-au-Prince, with an option to privatize another regional airport. The objective is to reinforce the logistics chain of the country and limit budget funding in the airport sector. The project assists the Haitian government in structuring and implementing the privatization of the state-owned fixed-line telecom operator TELECO. The objective is to contribute to Haiti's development during the current climate of improved security, political stability, and international support. The project provides advisory services to Ficohsa, a locally owned bank that recently entered the housing and MSME segments in Honduras. The objective is to strengthen the bank’s business model in the areas of risk management, market segmentation and product design, credit methodologies for each segment, MIS reporting functionality, and corporate governance—ultimately helping to expand access to financial services for low-income households and small businesses. The project provides advisory services to foster development of the microfinance sector in Honduras, introducing international best practices. The objective is to provide sustainable access to financial services to an underserved sector. Access To Finance Latin America & Caribbean Haiti Haiti PSP Airprt 26252 Latin America & Caribbean Haiti Haiti TELECO 26250 Infrastructure Latin America & Caribbean Honduras Ficohsa TA 561589 Access To Finance Latin America & Caribbean Honduras Banco Popular TA 550645 Access To Finance Printed on 10/25/2009 Page 9 of 38 IFC Advisory Services Projects Approved During FY08 Region Latin America & Caribbean Country Jamaica Project Name PSP Air Jamaica Project ID 26808 Business Line Infrastructure Objective The project assists the Jamaican government in restructuring and privatizing the state-owned national airline company Air Jamaica. The objective is to contribute to Jamaica's development and the private sector focus of the new government, and to participate in the restructuring of the Caribbean airline sector, a clear infrastructure regional priority. The project implements a skills-enhancement program on trade finance operations for bank staff in Haiti, Nicaragua, and the Caribbean Islands. The objective is to broaden the reach of the IFC Global Trade Finance Program and improve the capacity of local institutions to provide much needed skills development to bank professionals. The project implements public-private partnerships in Yucatan State, Mexico. The objective is to improve health care for public patients in the state. The project assists Progresemos in strengthening its business model by implementing sound credit methodologies and internal controls, as well as efficient operating processes, including those of its microfinance institution partners. The objective is to positively affect approximately 185,800 people from the lowest-income segment in the frontier regions of the southern states of Mexico. The project works with the State of Mexico and five of its municipalities to streamline regulatory procedures and administrative inspections. The objective is to reduce the costs of compliance for the private sector by 30 percent and to reduce the number of days required to obtain a business license and to obtain a construction permit, thereby encouraging more businesses to enter the formal economy. Latin America & Caribbean Latin America Region GTFP LACADVISORY 561406 Access To Finance Latin America & Caribbean Latin America & Caribbean Mexico Yucatan Health 27254 Infrastructure Mexico Progresemos 561306 Access To Finance Latin America & Caribbean Mexico Business Regulation Simplification in the State of Mexico 560850 Business Enabling Environment Latin America & Caribbean Mexico SRsp PetstarAS Social Responsibility Program Mexico Hosp PPP 554907 Latin America & Caribbean Mexico 26388 Environment and The project supports the design of Petstar S.A. de C.V.’s Social Social Sustainability Responsibility project. The objective is to ensure the project’s financial and social sustainability, and to assess its potential for replicability and scalability. Infrastructure The project provides assistance to ISSEMyM, the State of Mexico health insurer. The objective is to implement one or more public-private partnership transactions for two new hospitals and an oncology center. Access To Finance The project enables MicroCred Mexico (the first microfinance institution created as part of the MicroCred Network) to accelerate expansion of financial services and building of local capacity within the institution, and to serve as a training and knowledge-sharing center for future staff of companies in the network. Objectives include financial sector development, improved financial infrastructure, capacity building, poverty reduction, and replication and demonstration effects. The project assists the government of Mexico in assessing the potential of the information technology and information technology enabled services (IT/ITES) industry in Mexico, and provides advice on strategic options to further promote this industry. The objective is to identify strategies, initiatives, and investments needed to position Mexico as a leading player in the global IT/ITES industry, and also to help the World Bank disseminate the benefits of such an approach in other countries looking for feasible alternatives for economic growth. Latin America & Caribbean Mexico Microcred Mex TA 550005 Latin America & Caribbean Mexico Mexico Business Process Outsourcing Study 548505 Business Enabling Environment Printed on 10/25/2009 Page 10 of 38 IFC Advisory Services Projects Approved During FY08 Region Latin America & Caribbean Country Paraguay Project Name El Comercio MSME Expansion Project ID 561927 Business Line Access To Finance Objective The project supports the expansion strategy of El Comercio, a mediumsize Paraguayan finance company with a strong focus on microenterprise clients in rural areas. The objectives are for El Comercio to: 1) offer a broader range of services through its subcontracted network of remittances agents across the country, where financial services are limited due to the lack of infrastructure and limited market size; and 2) manage rapid growth in a highly competitive market environment through improved operating efficiency and risk management practices. Latin America & Caribbean Peru CT R - Viru SA 561489 Latin America & Caribbean Peru Promoting the Efficient Use of Oil Royalties in the Regional Government of Tumbes Edpyme Confianza Transformation into Finance Company 561317 Environment and The project provides advisory services to allow Sociedad Agricola Viru (a Social Sustainability leading Peruvian producer and exporter of canned asparagus, pepper, and artichokes) to design an eco-efficient integrated pest and disease management program, and to undertake a cleaner production audit of its existing operations in Peru. The objective is an alternative approach to the use of chemical pesticides, and possible replication by other producers in the region, ultimately resulting in reduction of pollution and increased profitability. Environment and The project helps officers of the regional government of Tumbes improve Social Sustainability their ability to manage the investment of oil royalties derived from recent business activities. The objective is for these royalties to be used to support local development and improve local services and infrastructure. Latin America & Caribbean Peru 557026 Access To Finance Latin America & Caribbean Peru Supporting Edpyme Edyficar transformation into a Financial Co. 556586 Access To Finance Latin America & Caribbean Peru MSME AmerLeasing 559447 Access To Finance The project supports the transformation of Confianza from a non-deposittaking regulated financial institution into a finance company. The objective is for Confianza to increase its outreach and sustainability (incorporating thousands of new microenterprises into the formal financial market) through the implementation of a savings product and the strengthening of its risk management unit. The project supports the transformation of Edyficar from a non-deposittaking financial intermediary into a finance company. The objective is to enable Edyficar to receive deposits and funding from public and capital markets, to expand the offerings of deposit- and credit-oriented products and services nationwide, and to increase the number of microenterprises served by Edyficar. The project partners with America Leasing, an independent Peruvian leasing company, to develop an operating lease product. The objective is to provide greater access to long-term financing in underserved regions of Peru and to introduce new leasing products into the Peruvian market. The project delivers advisory services to Bank of St Lucia to build the bank’s understanding of the SME segment as a means of developing its SME strategy. The objective is to expand the services the bank provides to local SMEs, as measured by an increase in percentage of SME clients and by an increase in the number of financial products per SME client. The project implements a public-private partnership transaction in the Water and Sewerage Company of Saint Lucia. The objective is to recapitalize the water company, and to improve overall operating efficiency and level of service. Latin America & Caribbean Saint Lucia Bank of St Lucia 562708 Access To Finance Latin America & Caribbean Saint Lucia St. Lucia Water 26377 Infrastructure Printed on 10/25/2009 Page 11 of 38 IFC Advisory Services Projects Approved During FY08 Region Latin America & Caribbean Country Uruguay Project Name Small Milk Producers' Supplier Development Program CONAPROLE Credit Registry Algeria Project ID 558465 Business Line Value Addition to Firms Objective The project works with small milk producers affiliated with Conaprole to improve milk productivity and quality through better nutrition of cattle. The objective is to increase the net income of these milk producers through improved feed (grass and sorghum) productivity. The project assists the Central Bank of Algeria with development of a credit registry to maintain credit information on borrowers, including consumers, SMEs, and corporations. The objective is to improve the bank’s capacity and to help financial intermediaries to mitigate credit risks by reducing the information asymmetries of borrowers, and thus to increase access to finance based on ―reputational‖—rather than just physical—collateral. The project partners with Fertail (the largest fertilizer company in Algeria) to support the adoption of fertilizer best practices through enhanced service delivery to small and medium farmers. The objective is to help the farmers increase productivity through the application of best practices in the use of fertilizers, and thus to improve their revenues. The project—the second phase of an intervention to streamline and simplify business start-up procedures in Alexandria, Egypt—rolls out a package of policy reforms at the national level. The objective is to contribute to increased private sector investment, and increased job creation and income opportunities in the formal sector. The project assists the government of Egypt in identifying and prioritizing highway infrastructure projects that can be carried out under concession by the private sector in a public-private partnership. The objective is to increase private sector investment in the Egyptian transport sector. The project provides expert advice during the implementation phase of iScore, Egypt's first private credit bureau. The objective is more efficient financial intermediation, which will support private sector development, expand access to finance, and support the growth of MSMEs. The project provides capacity-building assistance to the government of Egypt. The objective is to undertake public-private partnership projects and to develop the institutional, legal, and regulatory framework to support them. The project serves as transaction adviser to Egypt’s Ministry of Transport for public-private partnerships in the rehabilitation and expansion of the Cairo-Alexandria toll road into a freeway. The objective is to expand the capacity and improve the services of the transportation link between Egypt’s most populous cities, thereby providing adequate infrastructure to support growth in tourism and transportation of goods and people. The project supports the emergence of a private credit bureau industry in Lebanon, beginning with a feasibility study to identify constraints and opportunities, and to determine optimal next steps. The objective is to improve the ability of financial institutions to manage underwriting and portfolio risk, thereby enabling them to increase access to finance, especially to MSMEs. Middle East and North Africa Algeria 561069 Access To Finance Middle East and North Africa Algeria Enhancing Services to Small and Mediumsized Farmers in Algeria 552145 Value Addition to Firms Middle East and North Africa Egypt Business Start-up Simplification Project, Egypt, Phase 2 561596 Business Enabling Environment Middle East and North Africa Egypt Highway Study 561669 Infrastructure Middle East and North Africa Egypt iScore Egypt 2 553805 Access To Finance Middle East and North Africa Egypt PPP TA 556827 Infrastructure Middle East and North Africa Egypt Cairo-AlexandriaMarsa Matrouh Technical Studies 559966 Infrastructure Middle East and North Africa Lebanon CB Lebanon 553809 Access To Finance Printed on 10/25/2009 Page 12 of 38 IFC Advisory Services Projects Approved During FY08 Region Middle East and North Africa Country Lebanon Project Name Kafalat 2 Project ID 561638 Business Line Access To Finance Objective The project provides assistance to Kafalat (the Lebanese company that provides guarantees for SMEs to access bank loans) to develop its outreach and reinforce its capacity, through internal process improvements, HR organization and training, communications strategy, IT, risk management, and impact monitoring. The objective is to facilitate access to finance for entrepreneurs in Lebanon, a critical step in the reconstruction of the country. The project provides transaction advisory assistance to the government of Lebanon to introduce private sector participation in the power sector for a new independent power producer plant and the concessioning of an existing power plant. The objective is to improve access to and reliability of the country’s electricity supply, reduce governmental subsidies, and lower electricity production costs. The project helps strengthen the role of the financial media in covering corporate governance (CG) issues, by supporting the media’s efforts to raise awareness of CG among the business community, and to practice investigative reporting on positive and negative CG cases in the MENA region. The objective is to build sustainable businesses in the region through improved CG, leading to enhanced operational efficiency, and to access to financing and investment at competitive rates. The project conducts corporate governance assessments or reviews (CGA/Rs) for 7–10 banks and companies in the MENA region, and builds capacity of local consulting firms and private equity funds via one-week training courses on conducting CGA/Rs. The objective is for the companies selected for CGA/R to serve as role models, thereby ultimately improving corporate governance practices, performance, and investment in about 75 organizations across the region. The project partners with the Arab Monetary Fund to assess credit information infrastructures in the Arab countries of Northern Africa and the Middle East—to identify strategies and action plans to improve efficiency and to facilitate establishment of enabling business and regulatory environments. The objective is to harmonize credit reporting systems throughout the region with international best practices, ultimately supporting private sector development, access to finance, and the growth of MSMEs. The project 1) helps banks and companies in the MENA region implement corporate governance (CG) frameworks, policies and procedures, and practices in line with international principles; and 2) builds sustainable capacity of local organizations and institutions to implement CG curricula for current and future business leaders. The objective is sustainable businesses—with improved access to external financing, lower cost of capital, better performance through improved strategic decision-making and managerial oversight, and strong relationships with key stakeholders—leading to greater investment, higher growth, and more employment opportunities in the region. The project provides support to the government of Morocco, working with the Regional Investment Center of Casablanca and the private sector, to simplify business registration. Objective are 1) the simplification and further automation of business registration processes, and 2) an investment promotion strategy devised by local authorities and the private sector. Middle East and North Africa Lebanon Lebanon IPP 554078 Infrastructure Middle East and North Africa MENA Region Corporate Governance Financial Press Workshop 555108 Value Addition to Firms Middle East and North Africa MENA Region MENA CGAs: Building the CG Business Case Project 538930 Value Addition to Firms Middle East and North Africa MENA Region ACRI - IFC/AMF 561331 Access To Finance Middle East and North Africa MENA Region Corporate Governance Training for Bank and Corporate Directors 538937 Value Addition to Firms Middle East and North Africa Morocco Business Registration Simplification in Casablanca 557046 Business Enabling Environment Printed on 10/25/2009 Page 13 of 38 IFC Advisory Services Projects Approved During FY08 Region Middle East and North Africa Country Morocco Project Name Morocco ADR Project ID 558666 Business Line Business Enabling Environment Objective The project supports the institutionalization in Morocco of commercial mediation to release private sector assets held up in lengthy court litigation procedures. The objective is to reduce the direct and indirect costs of commercial dispute resolution over a period of 18 months, thereby allowing businesses in Morocco more efficient and less expensive access to justice. The project assesses the institutional preparedness of Al Amana (the largest microfinance institution in Morocco) for transformation to a regulated financial institution, including a comprehensive analysis of preparedness, and recommendations for necessary changes. The objective is to prepare Al Amana for the transformation. The project responds to a request from the State Bank of Pakistan and Pakistan Banks Association for support in the development of a sustainability policy framework and reporting requirements for banks—and the establishment of guidelines and capacity to help the banking sector implement the framework. The objective is capacity building and a sustainability management framework for the banking sector in Pakistan. A complement to the Global Trade Finance Program (GTFP), the project is a pilot training program on trade finance operations, using an innovative electronic platform to deliver the training, with Bangladesh as the lead country. Objectives are: 1) to broaden the reach of the GTFP, allowing bankers in emerging and frontier country financial markets to access world class training; 2) to improve the capacity of local institutions to provide training on a long-term, sustainable basis; and 3) to benefit intraregional (South-South) import and export transactions. The project provides mortgage training to bankers in Pakistan to enhance the capacity of banks in addressing the country’s growing demand for housing finance. The objective is to expand access to housing finance, measurable through an increase in mortgage debt as a percentage of the country's GDP. The three-part project provides advisory services to the General Authority for Civil Aviation of Saudi Arabia for private sector participation development of three ―airport cities‖ in Jeddah, Ryadh, and Dammam. The objective is to upgrade the airport infrastructure facilities to make better use of the land within the airport boundaries, increase the commercial value of their operations, create economic activity, improve employment opportunities, and upgrade the quality of services. The project provides capacity building (including a loan officer training program and support for product development) to Aga Khan Agency for Microfinance, the largest microfinance institution in Syria. The objective is to strengthen the institution’s systems and operational efficiency, and increase its product range, to further its transformation into the First Microfinance Bank. The project assists the government of Tunisia through training of key government officials. The objective is to improve the competitiveness of a few of the country’s key industries. The project assists in the development of the leasing sector in West Bank and Gaza through creation of enabling legislation and awareness-raising and capacity-building activities to select financial institutions. The objective is to improve access to finance for MSMEs. Middle East and North Africa Morocco Al Amana TA 555527 Access To Finance Middle East and North Africa Pakistan Sustainable Finance Pakistan 557485 Access To Finance Middle East and North Africa Pakistan GTFP E-Learning Pakistan 561486 Access To Finance Middle East and North Africa Pakistan Housing Finance Training Pakistan 537056 Access To Finance Middle East and North Africa Saudi Arabia Saudi Airports 26776 Infrastructure Middle East and North Africa Syrian Arab Republic Aga Khan Agency for Microfinance - Syria 561595 Access To Finance Middle East and North Africa Middle East and North Africa Tunisia Tunisia competitiveness West Bank and Gaza Leasing Development 561087 Business Enabling Environment Access To Finance West Bank and Gaza 561308 Printed on 10/25/2009 Page 14 of 38 IFC Advisory Services Projects Approved During FY08 Region Middle East and North Africa Country Project Name Project ID 562748 Business Line Infrastructure Objective The project provides transaction advisory assistance to the government of Yemen to introduce private sector participation in the power sector to structure and implement a new gas-fired independent power-generation plant. The objective is to increase private sector investment in the country’s power sector, reduce the burden on the public budget, and increase the supply of reliable and sustainable power. The multiyear, multicomponent, multiphase project assists the government of Yemen in making lasting improvements to the country’s overall investment climate. The objective is to attract investments in specific industries and zones to replace the rapidly dwindling oil reserves and revenue, thereby supporting national development and economic growth. The project provides funding and advisory services to improve the safety of child deliveries for low-income households in Yemen. The objectives are: 1) to provide quality maternal care to eligible women in targeted districts in Sana'a during the first year and to include other districts to the extent possible in the following years; and 2) to design and implement a model that provides key lessons and effectively demonstrates how Yemeni public policy on maternal and child care can integrate with private health care provision. The project assists Yemen’s Ministry of Industry and Trade with establishment of a modern and effective leased-asset registry. The objective is to improve secured financing systems in Yemen, particularly access to lease financing, thus mitigating creditors’ risks associated with providing lease finance. The project is a small-scale intervention to help the government of Yemen better understand the Doing Business report and respond to it with a more targeted effort to reform its administrative and legal environment. The objective is to strengthen the country’s capacity to identify and enforce short- and medium-term BEE reforms, and to improve Yemen’s ranking in subsequent Doing Business reports. The project provides advisory services to support the efforts of Yemen’s Tax Authority and Ministry of Finance to improve the business enabling environment. The objective is a simplified tax policy that is more accessible and less costly to entrepreneurs, easier for authorities to administer, more equitable, and less vulnerable to corruption. The project improves the information systems at Yemen’s Geological Survey and Mineral Resources Board. The objective is to attract private investment into the Yemeni mining sector. The project conducts a market study of the microfinance segment in Yemen, potentially leading to the creation of a privately owned and commercially viable microfinance institution there. The objective is to improve access to microfinance services for people so far excluded from the formal financial sector, estimated to be about 200,000 entrepreneurs. The project is a five-day trade-financing training in Dhaka, Bangladesh, for supervisors or heads of operations from 10–15 banks in Bangladesh, Bhutan, Sri Lanka, Maldives, and Nepal. The objective is to enhance the international trade finance skills of the banks’ trade department employees. Yemen, Republic Yemen IPPs of Middle East and North Africa Yemen, Republic Yemen Investment of Generation Program 2008-2011 560846 Business Enabling Environment Middle East and North Africa Yemen, Republic Safe Motherhood of Program 559785 Infrastructure Middle East and North Africa Yemen, Republic Yemen Leased Asset of Registry 561528 Access To Finance Middle East and North Africa Yemen, Republic DB YEMEN of 561166 Business Enabling Environment Middle East and North Africa Yemen, Republic Yemen Tax of Simplification Rollout 1 560926 Business Enabling Environment Middle East and North Africa Middle East and North Africa Yemen, Republic Yemen Mining-Inv of Yemen, Republic Yemen MF of 557605 Business Enabling Environment Access To Finance 558785 South Asia Bangladesh GTFP-Bangladesh 563736 Access To Finance Printed on 10/25/2009 Page 15 of 38 IFC Advisory Services Projects Approved During FY08 Region South Asia Country Bangladesh Project Name BICF Institutional Strengthening Component Project ID 555689 Business Line Business Enabling Environment Objective The project works with stakeholders who will remain in place beyond the current government’s tenure (for example, the permanent bureaucracy, private sector, media, and political parties) to increase local capacity to understand, advocate, implement, and monitor needed reforms. The objective is a shift in mindset and attitude, increased competencies, and broad support for investment climate reform—to ensure that the current momentum of the reform process will continue after a new government is established. Environment and The project is the first phase of a larger program working with the Social Sustainability Bangladesh Bank. Objectives are: 1) an environmental risk management guideline for local financial intermediaries; 2) increased awareness of environmental risk issues among relevant stakeholders; and 3) an understanding the needs of the financial sector in the area of environmental risk management. Access To Finance A complement to the Global Trade Finance Program (GTFP), the project is a pilot training program on trade finance operations, using an innovative electronic platform to deliver the training, with Bangladesh as the lead country. Objectives are: 1) to broaden the reach of the GTFP, allowing bankers in emerging and frontier country financial markets to access world class training; 2) to improve the capacity of local institutions to provide training on a long-term, sustainable basis; and 3) to benefit intraregional (South-South) import and export transactions. Business Enabling Environment The project is the regulatory-reforms component of the Bangladesh Investment Climate Fund program to institute more business-friendly policies, laws, and regulations, and to strengthen the institutions and civil servants who implement them. The objective is to reduce the number and costs of business regulation, institute an accessible electronic regulatory registry, enact a new competition law, and improve investment promotion and facilitation capacity—and to ensure that women benefit from the proposed interventions. The project is the first phase of a program to help Bangladesh transition from public to private industrial parks and zones, run on commercial principles, with the private sector playing the dominant role in their development and management. The objective is to introduce new models characterized by public-private arrangements and high standards of environmental and social compliance, and to lay the groundwork for bolder changes. The project assists YES Bank (a full-service Indian commercial bank mainly serving large enterprises and individuals with high net worth) in downscaling its operations by developing products and services for microenterprises and low-income individuals. The objective is to support the sustainable and commercially viable expansion of microfinance services in India. The project assists the government of Maharashtra in defining the institutional role of the Maharashtra Urban Infrastructure Development Corporation (MUIDC), and in identifying potential revenue sources for it and suggesting models for its organizational, governance, and capital structure. The objective is a business plan for MUIDC that will allow it to serve as a catalyst and facilitator for designing and implementing infrastructure projects on a public-private partnership basis. South Asia Bangladesh Environmental Risk Management Policy and Tools for FIs 555786 South Asia Bangladesh GTFP-E Learning Bangladesh 561386 South Asia Bangladesh BICF-Regulatory Reform Component 555688 South Asia Bangladesh Bangladesh Investment Climate Fund - Economic Zones component 555686 Business Enabling Environment South Asia India Yes Bank Microfinance Implementation By Accion 561190 Access To Finance South Asia India MUIDC 26828 Infrastructure Printed on 10/25/2009 Page 16 of 38 IFC Advisory Services Projects Approved During FY08 Region South Asia India Country Project Name Maha Irrigation Project ID 26873 Business Line Infrastructure Objective The project provides transaction advisory assistance to the government of Maharashtra for promotion and operation of irrigation projects, including public-private partnerships. The objective is to complete one or two ongoing irrigation projects through private sector participation on a pilot basis. The two-year project provides transaction advisory services and capacitybuilding support to Infrastructure Corporation of Andhra Pradesh Ltd, and acts as lead adviser for implementation of several public-private partnership (PPP) transactions. The objective is to increase the pace of infrastructure development through PPP projects in the State of Andhra Pradesh. The project provides transaction advisory services and capacity-building support to Infrastructure Corporation of Andhra Pradesh Ltd (INCAP) to develop key road stretches on a public-private partnership (PPP) basis. Objectives include: 1) rehabilitating and expanding strategic road infrastructure; 2) avoiding or reducing the fiscal burden of building new infrastructure; and 3) putting in place a transaction structure that assures sustainability of this and similar future PPP projects. The project measures 7 Doing Business indicators in 17 Indian cities and states—engaging public and private sectors in the benchmarking process, encouraging competition to improve the investment climate, using the media appeal of Doing Business indicators to deepen the policy dialogue, identifying local best practices that can be replicated, and monitoring and evaluating progress. The objective is to reduce administrative barriers to starting and operating a business in India, which in turn will increase investment and employment and reduce informality. South Asia India Infrastructure Corporation of Andhra Pradesh - PPP Advisory Assistance 26744 Infrastructure South Asia India INCAP Coast Road 27003 Infrastructure South Asia India Subnational Doing Business in India 562428 Business Enabling Environment South Asia India CT R-APPM 557285 South Asia India Agri-Linkages in South Asia 560849 Environment and The project provides advisory services to help the Andhra Paper Mills Social Sustainability (APPM) with a cleaner production audit at the APPM and Coastal Paper units in Rajahmundry, India. The objective is to introduce energy efficiencies and water-use saving measures at the company’s manufacturing operations in India, and potentially to encourage other pulp and paper mills to adopt cleaner production practices in India and the region. Value Addition to The project examines the development of 4 to 6 linkage projects in India. Firms The objective are to add value to investment clients, to gain a better understanding of the agribusiness supply chain in India, to identify sector issues that could be addressed by IFC, and to design 1 or 2 linkage projects for full-scale implementation in the next 12 months. Business Enabling Environment The project provides advisory services to assist the government of Bihar in improving the investment climate, particularly in the agribusiness and tourism sectors. The objective is to remove the regulatory and nonregulatory constraints that adversely affect the growth of these sectors, and of the private sector in general. The project addresses sustainable finance in housing in India. The objective is to test the market viability of sustainable planning and construction features in housing models designed for lower-income households in urban India. South Asia India South Asia India BIHAR SectorSpecific Investment Climate Reforms (Agribusiness and Tourism) IF-Sust. Housing 561009 561636 Innovation/Global Fund Projects Printed on 10/25/2009 Page 17 of 38 IFC Advisory Services Projects Approved During FY08 Region South Asia India Country Project Name Health Care in 2nd Tier Cities and Rural India Project ID 558905 Business Line Infrastructure Objective The two-part project 1) surveys private health care providers in tier-two cities and rural India to identify these providers and their expansion viability and to determine future increase in demand to serve populations with income of less than $5 per day; and 2) helps providers that are eligible for expansion by developing tailored business plans to secure access to finance. The objective is more affordable and accessible health care for a broader spectrum of the population beyond the major tier-one cities. Value Addition to The project provides advisory support for corporate governance reform in Firms India. Objectives are to build momentum for reform, to improve corporate boards, to build media capacity for investigating and reporting on corporate governance issues, and to raise public awareness of the rights and responsibilities of shareholders and appropriate goals and modalities of shareholder activism. Environment and The project provides advisory services to JK Paper Ltd., an Indian Social Sustainability company, as it undertakes a cleaner production audit of its existing paper mill operations at Rayagada and Sonagarh. The objective is to introduce energy efficiencies and water-saving measures at these manufacturing operations, and possibly encourage other pulp and paper mills to adopt cleaner production practices in India and the region. Access To Finance The performance-based project provides advisory services for HDFC Maldives, the only specialized financial institution in a country where developing the housing sector is a social priority. The objective is to enhance the bank’s internal capacity, systems, and procedures to operate as an effective housing finance institution post privatization, and to help it play a leading role in the housing sector in Maldives, in particular in the lower-income segment. The project provides advisory services to establish linkages in the tourism sector of Maldives with the local economy. The objective is to increase entrepreneurs’ sales by establishing contacts with larger resorts, and to build the capacities of existing and new hospitality-industry training centers. The project assists the government of Nepal in addressing regulatory impediments to private sector development via such means as an effective legal framework for special economic zones and participation of the private sector in the reform process. Objectives include improving the country’s investment climate, attracting private investment as a source of new employment and income opportunities, increasing availability of credit for SMEs, and strengthening the government’s capacity to introduce, measure, and scale up private sector-friendly reforms. The project assists banks and nonbank financial institutions in Nepal with downscaling, improving the range and quality of products and services, increasing lending capacity through institutional strengthening, understanding and serving the SME market, linking to foreign investors, and implementing IFC global best practices on SME banking. The objective is to improve access to financing for SMEs in Nepal, and to develop the country’s financial sector. The two-year project includes 4–6 advisory services activities to assist with sector assessments where public-private partnership (PPP) activities have been limited and where private sector financing interest is emerging. The objective is to initiate dialogue with government entities to help them structure better PPPs in these sectors. Page 18 of 38 South Asia India INDIA CG Technical Assistance 552127 South Asia India JK Paper 557249 South Asia Maldives Performance Based AS for HDFC Maldives 561796 South Asia Maldives SME Linkages Maldives Phase 1 554686 Value Addition to Firms South Asia Nepal Nepal Investment Climate Reform Program 557305 Business Enabling Environment South Asia Nepal TA for Nepal-ATF 554927 Access To Finance South Asia Southern Asia Region SAIF TAs 563968 Infrastructure Printed on 10/25/2009 IFC Advisory Services Projects Approved During FY08 Region South Asia Country Southern Asia Region Project Name CG Raising Awareness and Implementation in the Maldives Southern Sri Lanka(A2F) Project ID 559165 Business Line Value Addition to Firms Objective As the implementation phase of an ongoing effort, the project provides advisory services on corporate governance in Maldives. The objective is to build understanding and awareness of the national corporate governance code and to facilitate its implementation. The three-year project provides advisory services to partner financial institutions (PFIs) in five districts in the Southern region of Sri Lanka to improve their capacity to provide financial services to SMEs. Objectives include: 1) increased, efficient access to finance for SMEs; 2) improvement in PFIs’ nonperforming advances, such as bad loans; and 3) direct and indirect benefit to some 22,000 individuals in the five districts. Linked to an IFC investment in Dialog (a subsidiary of Telekom Malaysia), the project uses such products as SME Toolkit and Business Edge to help Dialog expand beyond mobile telephony. The objective is to increase the revenues of participating Dialog retailers by improving business skills and increasing access to finance. The project advises the Ministry of Economy, Trade and Energy and the Ministry of Transport of Albania in introducing private sector participation in the container terminal at the Port of Durres. The objective is to promote the flow of containerized goods into the country and to increase the port's competitiveness in the region in an effort to promote Albania's international trade and economic growth. The project, a component of a regional (Central Asia) program, provides advisory services to two (and possibly up to four) commercial banks in Azerbaijan. The objective is to strengthen the banks’ housing-finance operations, potentially helping some 3,000 people gain access to home financing. The project 1) leverages BP and IFC investment in Azerbaijan to provide financial support to SMEs that are BP’s suppliers, improving access to finance through a dedicated supplier finance facility (SFF); and 2) supports the expansion of Microfinance Bank of Azerbaijan to increase lending to SMEs in three of the country’s rural areas closest to the BakuTbilisi-Ceyhan pipeline. Objectives are: 1) to ensure proper functioning of SFF and disbursement of its funds; and 2) to oversee expansion of access to finance for micro and small enterprises in the Ganja, Mingechevir, and Gazakh regions of Azerbaijan. South Asia Sri Lanka 562407 Access To Finance South Asia Sri Lanka Dialog Distributor Retailer Community Network Developmet Project Port of Durres 558625 Value Addition to Firms Southern Europe and Central Asia Albania 26425 Infrastructure Southern Europe and Central Asia Azerbaijan CA HMSME - HF to banks in Azerbaijan 563787 Access To Finance Southern Europe and Central Asia Azerbaijan Microfinance Bank of Azerbaijan/Supplier Finance Facility Project 558285 Value Addition to Firms Southern Europe and Central Asia Azerbaijan Energy Efficiency Survey in Azerbaijan 558386 Southern Europe and Central Asia Azerbaijan Southern Europe and Central Asia Azerbaijan Support to PrePrivatisation of Azerbaijan Mortgage Fund Azerbaijan Corporate Governance Law Assistance 559445 Environment and Part of a broader survey program, the project assesses existing energy Social Sustainability efficiency (EE) market conditions and promotes EE financing in Azerbaijan. The objective is to create among local Azeri banks an awareness of EE financing and a willingness to pursue such financing with local SMEs. Access To Finance The project supports the pre-privatization process of Azerbaijan Mortgage Fund. The objective is to support the fund’s role as a liquidity facility of the housing finance market of Azerbaijan. Value Addition to Firms The project—jointly undertaken by the Azerbaijan Corporate Governance Project, Azerbaijan Business Enabling Environment Project, and the Doing Business team—responds to a request from the Ministry of Economic Development of Azerbaijan for assistance in improving legislation related to joint stock companies. The objective is new legislation to improve investor protection and shareholders' rights, and a subsequent increase in foreign investment and economic growth in the country. Page 19 of 38 560627 Printed on 10/25/2009 IFC Advisory Services Projects Approved During FY08 Region Southern Europe and Central Asia Country Azerbaijan Project Name Azerbaijan Business Enabling Environment Project ID 558445 Business Line Business Enabling Environment Objective In partnership with Azerbaijan’s Ministry of Economic Development, the project addresses 1) simplification of the regulatory environment, 2) monitoring of the business environment via surveys of SMEs, and 3) increasing entrepreneurs’ awareness of legal issues. The objective is to improve the business climate in Azerbaijan by streamlining select administrative procedures, thereby removing key regulatory barriers to business entry and operations. The project provides advisory services to support the formalization and transformation of Mi-Bospo (Women’s World Banking network affiliate in Bosnia and Herzegovina) from an NGO to a microfinance company. The objective is to increase commercialization of Mi-Bospo and its integration into the formal financial sector, and to increase its access to commercial funds, and therefore its outreach and sustainability. The project complements an IFC equity investment by providing advisory services to Nova Banka in Bosnia and Herzegovina, covering commercial entities, retail banking, and accounting and management information systems. The objective is to increase access to financial services for MSMEs and households in Southern Europe and Central Asia. The project is an advisory mapping exercise to identify opportunities for IFC to provide infrastructure advisory services and possible investment in the Central Asia region. The objective is to identify potential public-private partnership mandates and scale-up opportunities in the region, and to set up a private enterprise partnership infrastructure advisory facility similar to PEP-SEI. The project complements IFC investment in KazMicroFinance Ltd (KMF) with advisory services to develop a transformation plan and bring KMF’s corporate governance policies into alignment with international standards. The objective is for KMF to become a licensed commercial bank by the end of 2009 and to increase its portfolio by 300 percent over the next 5 years. The project provides advisory services to Technopole LLP, a second-tier furniture retailer in Kazakhstan, in implementing best practices in supplychain management and visual merchandising. The objective is for the company to achieve higher revenues and profitability through adoption of international standards in logistics and merchandising, and improvement in working capital position, inventory management, and customer satisfaction—and to have positive demonstration and spillover effects on the Kazakh furniture retail sector as a whole. The project assists the government of the Kyrgyz Republic with: 1) reducing the regulatory burden to business via simplification initiatives; 2) improving entrepreneurs’ knowledge of regulatory processes by conducting outreach work to the private sector; and 3) monitoring and assessing the business environment through surveys of the private sector. The objective is to improve the country’s business climate, including cost savings to the private sector. Southern Europe and Central Asia Bosnia and Herzegovina WWB TA for Mi Bospo Transformation in Bosnia 559505 Access To Finance Southern Europe and Central Asia Bosnia and Herzegovina Nova Banka TA 546045 Access To Finance Southern Europe and Central Asia Central Asia Region Central Asia Infrastructure Development 561974 Infrastructure Southern Europe and Central Asia Kazakhstan Advisory Services to KazMicroFinance I 559965 Access To Finance Southern Europe and Central Asia Kazakhstan LuMir Technical Assistance 555065 Value Addition to Firms Southern Europe and Central Asia Kyrgyz Republic Kyrgyzstan Business Enabling Environment - inspections, permits, tax administration 561496 Business Enabling Environment Printed on 10/25/2009 Page 20 of 38 IFC Advisory Services Projects Approved During FY08 Region Southern Europe and Central Asia Country Montenegro Project Name Montenegro Subnational Competitiveness Project ID 562267 Business Line Business Enabling Environment Objective The project draws on the information technology, procedures, and lessons of the Bosnia and Serbia subnational competitiveness projects to help Montenegro increase private investment and the competitiveness of selected localities—by simplifying business regulations for permits, licenses, and inspections, and increasing transparency of their implementation; and by measuring the performance of localities. Objectives include reducing the cost and risk of doing business at the subnational level, informing investors about the localities, and stimulating competition among localities. The project 1) helps targeted private sector companies in Montenegro to implement international standards and certification, 2) broadens awareness of standards and technical regulations, and 3) provides training to improve export growth. The objective is to increase the sales of targeted private sector firms by a total of $6 million through implementation of standards and certification that will enable companies to expand existing markets and acquire new ones. The project provides advisory services to assist in the establishment of an efficient mediation system of enforcing commercial contracts in Montenegro and throughout the region of the Western Balkans. The objective is to support court reform through alternative procedures that enable quicker, cheaper, and better access to justice for groups and individuals. The project assists companies in Montenegro with corporate governance issues, helping to build the capacities of key stakeholders (board members, management, shareholders) and raise public awareness of the benefits of good corporate governance and the rights of shareholders. Objectives include improved ability of joint stock companies to access finance, heightened company discipline and transparency, and enhanced public trust in the business environment, resulting in increased investment in publicly traded firms. The project assists the hotel sector in Albania, Bosnia and Herzegovina, and Montenegro through the introduction of new travel products, such as online booking, to improve the local tourist companies’ quality of services and increase of the number of independent travelers visiting the region. The objective is to contribute to opening the Balkan region to the lucrative independent-travelers market. Southern Europe and Central Asia Montenegro ISTR Montenegro 560765 Value Addition to Firms Southern Europe and Central Asia Montenegro ADR Monte 559485 Business Enabling Environment Southern Europe and Central Asia Montenegro CG MNE 559468 Value Addition to Firms Southern Europe and Central Asia Southern Europe Region Balkan Hotel Market Access Program 561788 Value Addition to Firms Southern Europe and Central Asia Southern Europe Region Environmental friendly and Social Sustainable Waste Management 561332 Southern Europe and Central Asia Southern Europe Region Energy Efficiency Advisory Services programme 550626 Environment and The project conducts an assessment to identify the main benefits of IFC’s Social Sustainability Recycling Linkages Program. The objectives are: 1) to find opportunities for IFC to replicate and scale up activities from the program; and 2) to disseminate information on benefits and best practices to all stakeholders in four countries in Southern Europe to improve their overall performance in waste management. Access To Finance The project combines investment and advisory services to stimulate Sustainable Energy investments in the Balkans, using financial institutions as intermediaries to provide financing of energy efficiency (EE) and renewable energy investments. Objectives include providing investments leading to 67,500 housing EE loans, affecting 202,500 people; allowing up to 100 municipalities in Serbia to invest in street lighting and school renovation, affecting 50,000 people; and three mini hydro projects in Albania and Macedonia, affecting 28,000 people. Printed on 10/25/2009 Page 21 of 38 IFC Advisory Services Projects Approved During FY08 Region Southern Europe and Central Asia Country Southern Europe Region Project Name Raising Awareness of EU Policies for preaccession & new member states Project ID 558165 Business Line Value Addition to Firms Objective The project is a seminar on EU policies for pre-accession states (Albania, Bosnia and Herzegovina, Croatia, Kosovo, the former Yugoslav Republic of Macedonia, Montenegro, Serbia, and Turkey), incorporating lessons learned from two new members, Bulgaria and Romania. The objective is to build understanding and awareness of the EU corporate governance directives, regulations, best practices, and guidelines. The project helps public sector entities in South East Europe identify, develop, structure, and reach financial closure on infrastructure projects with private participation and investments. The objective is to attract private sector participation and investments in infrastructure, primarily in energy, transport, and water and sanitation sectors. The project assesses Tajikistan’s insurance market (life, nonlife, mortgage, and pensions), analyzes the legal and regulatory framework, identifies obstacles and key measures for promoting insurance market development through increased private sector involvement, and develops a potential program to implement recommendations. The objective is further development of the country’s insurance sector, possibly linked to an IFC investment in an insurance company. Southern Europe and Central Asia Southern Europe Region Private Enterprise Partnership Southeast Europe Infrastructure Tajikistan Insurance Sector Review 532943 Infrastructure Southern Europe and Central Asia Tajikistan 563527 Access To Finance Southern Europe and Central Asia Tajikistan Pamir Energy IV 558365 Sub-Saharan Africa Africa Region BD PhytoTrade Technical Assistance Biotrade 563087 Sub-Saharan Africa Africa Region Conflict Affected States in Africa (CASA) Initiative 562427 Sub-Saharan Africa Africa Region REGMIFA Regional MSME Investment Fund for SubSaharan Africa 561610 Sub-Saharan Africa Africa Region GEM Africa MSME 557786 Sub-Saharan Africa Africa Region NIPP MF 2008 562307 The project is a study to help determine how to improve the prospects for success of Pamir Energy in Tajikistan following poor financial performance and an accidental explosion (currently being repaired) that put much of the company’s energy-generation capacity out of commission. The objective is to improve the results of Pamir Energy within a reasonable time frame. Environment and The project provides support to PhytoTrade, which helps poor rural Social Sustainability communities in Southern Africa generate supplementary incomes through the sustainable exploitation of natural products. The objective is to develop an enduring and equitable natural products industry in Southern Africa based on accessible local native biodiversity resources and private sector entrepreneurs—resulting in sustainable resource use and management, and reduction of poverty. Business Enabling The project makes financial and human resources rapidly available to Environment address multiple needs in conflict-affected African countries, specifically in investment climate reform; financial markets and institution strengthening; SME and support institution building; and expansion of private participation in infrastructure. The objective is sustainable economic growth driven by the private sector. Access To Finance The project participates in a detailed, bottom-up demand study to substantiate the requirements of the MSME finance market in SubSaharan Africa for the funding and advisory services of the Regional MSME Investment Fund for Sub-Saharan Africa (REGMIFA). The objective is to arrive at a realistic estimate of REGMIFA’s potential to write business. Access To Finance The project partners with the Africa MSME Program’s combined investment and advisory services in Malawi. The objective is to support NBS Bank Malawi in implementing a women’s lending program, and to reach a target of 30 percent women borrowers. Access To Finance The project works with several microfinance network partners that have created investment vehicles to provide risk capital to greenfield microfinance institutions. The objective is to increase access to finance for SMEs by expanding the capacity of financial markets in frontier and postconflict countries in Africa. Page 22 of 38 Infrastructure Printed on 10/25/2009 IFC Advisory Services Projects Approved During FY08 Region Country Project Name Health in SSA strategy Project ID 561809 Business Line Infrastructure Objective Sub-Saharan Africa Africa Region Following an earlier study, the project develops funding for 1) investing in private companies operating in Africa’s health care sector; 2) providing expertise and resources to help governments with policies for private health care sectors; 3) advising socially responsible private organizations and financial intermediaries involved in health care; and 4) investigating how to make financing more readily available to social enterprises or nonprofits. The objective is to highlight the important role the private sector already plays, and to increase access to health-related goods and services in Sub-Saharan Africa. Environment and The project, in partnership with Doing Agribusiness in Africa, implements Social Sustainability the innovative Better Work program in two or three recommended African countries and one or two industries, and assesses ways to incorporate environmental standards compliance work. The objective is an initial assessment of the need, market advantage, and demand for improved labor standards compliance in agribusiness. Infrastructure The project supports the sustainable transition of the activities of the Global Business School Network project to two independent organizations: The African Association of Business Schools and the Management Education and Research Consortium. The objective is to facilitate IFC’s exit from this project while ensuring the sustainable continuation of activities to improve the quality of management education in Africa. The project makes available information and actuarial and other tools for the conduct of life insurance and pensions business in Africa—tools that will become public goods to benefit all sectors and will assist governments in implementing relevant policies and regulations. The objective is to increase the level of personal savings, to mobilize local resources for investment and development. The project analyzes gender-based barriers to private sector development in Africa and codifies the Gender and Growth Assessment approach developed by IFC. The objective is to bring about legislative and regulatory reforms that will enable greater participation by women in private sector development. The project introduces a leasing product in the financial market of West Africa. The objective is to facilitate access to finance for MSMEs in the region. The African Training and Management Services project, in collaboration with IFC’s Gender Entrepreneurship Markets team, helps AMSCO (African Management Services Company) to 1) increase female participation in the project, 2) implement a corporate governance program for AMSCO clients, and 3) report on the development impact of the project to date. The objective is to increase the management competencies of women-owned SMEs and of women in African SMEs. The project enhances the corporate governance of ABC Holdings and strengthens its risk management function. The objective is increased shareholder value and the growth of one of the few local financial groups in the Sub-Saharan Africa region, as well as setting a good example for other local banks in the region. Sub-Saharan Africa Africa Region SRsp Better Work Africa Scoping 553425 Sub-Saharan Africa Africa Region Global Business School Network Transition 561430 Sub-Saharan Africa Africa Region Africa Mortality 560025 Access To Finance Sub-Saharan Africa Africa Region GEM Gender and Growth Assessments and Methodology 557548 Business Enabling Environment Sub-Saharan Africa Africa Region SSA Leasing 557188 Access To Finance Sub-Saharan Africa Africa Region ATMS Renewal 550246 Value Addition to Firms Sub-Saharan Africa Botswana ABCH & Subs. TA 558065 Value Addition to Firms Printed on 10/25/2009 Page 23 of 38 IFC Advisory Services Projects Approved During FY08 Region Country Project Name BTC Advisory Project ID 26498 Business Line Infrastructure Objective The project provides transition advice to the government of Botswana in privatizing the state-owned fixed-telecommunications incumbent, BTC. The objective is to bring in a strategic equity partner to enable BTC to invest in mobile technologies and catch up competitively with the two private mobile operators that have been serving the area since 1998. The project is a consultancy to provide an independent biodiversity review of the Sanaga Gas Field Project in Cameroon. Principal objectives are: 1) to ascertain, from available biodiversity data, whether any critical habitat is present in the project zone; 2) to evaluate basic baseline biodiversity data reported in the environment impact assessment on the presence, distribution, and relative abundance of biodiversity in the project zone; and 3) to determine whether the area includes protected areas, critical ecosystems, or unique ecosystems critical for survival of species in the area. The project combines financial support and advisory services to address obstacles to the growth of women’s enterprises in Cameroon. Objectives are: 1) to enhance access to finance for women entrepreneurs through lowering collateral requirements, 2) to build the management and technical capacity of growth-oriented women entrepreneurs, and 3) to strengthen the capacity of business development service providers, financial institutions, and women enterprise associations to provide relevant and adequate services. The project funds a review of the environmental and social impacts of four wind farms in Cape Verde, jointly developed by the government and InfraCo. The objective is for the wind farms to be developed and operated in compliance with recent environmental legislation in Cape Verde and World Bank Social and Environmental Standards, and to have a significant demonstration impact in the sector. The project helps the Cadre Permanent de Consultation Etat-Secteur Privé to become an effective public-private dialogue mechanism. The objective is to generate consensus on priority Business Enabling Environment reforms and ensure their implementation. The project assists in the development of the microfinance industry in Chad. The objective is to expand access to sustainable finance for MSMEs to help more Chadians benefit from new economic opportunities. The project supports the creation and expansion of a commercial microfinance bank in the Democratic Republic of Congo. Objectives include: 1) poverty reduction through employment- and incomegenerating activities; 2) financial sector development through a deeper and broader range of services for low-income individuals and micro and small entrepreneurs; 3) financial sector strengthening through establishment of a professionally managed bank; and 4) an increased local microfinance sector through competition and best practices. Sub-Saharan Africa Botswana Sub-Saharan Africa Cameroon Rapid Bio Study 561629 Infrastructure Sub-Saharan Africa Cameroon AfDB Growth Oriented Women Enterprises in Cameroon Guarantee and Advisory Services Program 557187 Value Addition to Firms Sub-Saharan Africa Cape Verde Cape Verde Wind 561466 Infrastructure Sub-Saharan Africa Central African Republic CPC PPD TA 554491 Business Enabling Environment Sub-Saharan Africa Chad Chad A2F Advisor 557745 Access To Finance Sub-Saharan Africa Congo, Democratic Republic of Advans Banque Congo TA 560185 Access To Finance Printed on 10/25/2009 Page 24 of 38 IFC Advisory Services Projects Approved During FY08 Region Country Project Name Developing a legal framework for SEZ in conflict-affected DRC Project ID 562251 Business Line Business Enabling Environment Objective The project assists the government of the Democratic Republic of Congo with creation of privately managed special economic zones that provide a location for companies to invest, create jobs, and produce goods and services in a relatively ―normal‖ business environment. The objectives are: 1) to jump start investments that otherwise would not take place; 2) to test new policies (such as private infrastructure service provision, streamlined bureaucracy, modern labor regime, and so on) before spreading them to the rest of the country; and 3) to circumvent inefficient and often corrupt procedures and practices, and provide models for reform. The project develops and delivers two training programs in corporate governance, for directors of state-owned enterprises and for bank directors. The objective is better corporate governance, resulting in improved profitability and efficiency, increased transparency and integrity, more accountable boards and management, improved internal controls, sustainable employment, and increased access to finance. The project assists the government of the Democratic Republic of Congo with reforming the national investment promotion agency, reforming the tax incentive regime for investment, and implementing "quick wins" identified to improve the investment climate, based on select Doing Business indicators. The objective is to build an investment regime that is conducive to accelerating foreign and domestic private investment. The project provides advisory services (including training, capacity building, and linkages) to help the Federation of Congolese Employers develop quality fee-based services for its members. The objective is to direct resources toward institutions and enterprises that will generate substantial social and economic benefits while remaining financially sustainable under the prevailing Democratic Republic of Congo business environment. The project assesses the viability of a commercially funded pool of capital for investments (and associated grant-based facility for capacity building and marketing services) for grassroots agribusiness organizations—starting with a pilot phase in East Africa that, if successful, can be replicated in other regions and industries. The objective is to establish a model of assistance to strengthen grassroots business organizations in developing countries. The project provides advisory services to Addis Ababa Water and Sewerage Authority in Ethiopia to help it define a pilot program for the introduction of public-private partnerships in the country’s water sector. The objective is to outsource selected activities to private sector producers to increase capacity and attract more investment. The project assists the government of Ghana with implementation of the state-owned national fiber-optic backbone network, by designing a transaction to assess viable business-model options for the backbone company to leverage its band-width capacity to existing telecom operators and other users. The objective is to put the network into operation as soon as possible, most likely involving a sale of shares in the backbone company to local private operators or international investors through a competitive bidding process. Sub-Saharan Africa Congo, Democratic Republic of Sub-Saharan Africa Congo, Democratic Republic of DEMOCRATIC REPUBLIC OF CONGO DIRECTOR TRAINING 561328 Value Addition to Firms Sub-Saharan Africa Congo, Democratic Republic of Investment Promotion, Taxes and Doing Business 559845 Business Enabling Environment Sub-Saharan Africa Congo, Democratic Republic of DRC FEC TECHNICAL ASSISTANCE PROGRAM 548485 Business Enabling Environment Sub-Saharan Africa Eastern Africa Region Agribusiness Facility 559765 Value Addition to Firms Sub-Saharan Africa Ethiopia Addis Water _TA 555885 Infrastructure Sub-Saharan Africa Ghana NCBC 27114 Infrastructure Printed on 10/25/2009 Page 25 of 38 IFC Advisory Services Projects Approved During FY08 Region Country Project Name Kpone IPP Project ID 561571 Business Line Infrastructure Objective The project provides advisory services to finalize the environmental and social impact assessment of the Kpone Independent Power Producer, a joint venture of InfraCo and Reltub, a Ghanaian project development company. The objective is an independently owned 330–460 MW gasfired combined-cycle thermal power generation plant near the Tema heavy industrial area of Ghana, the first independent power project in Ghana to receive a generation license from the Energy Commission. The project works through a pilot study in Guinea to develop and test a process tool that IFC can offer to help companies identify appropriate means of building vocational skills in developing countries. The objective is to address the gap between supply and demand of national semi-skilled employees, thereby increasing opportunities for local employment. The project combines advisory services and financing to foster sustainable socioeconomic growth and to enhance the development impact of BHPBilliton's Guinean Sangaradi project (an aluminum refining and mining operation) through development of local suppliers. The objective is to build the capacity of Guinean SMEs to supply the growing mining sector. The project assists in updating Guinea's mineral policy and main legislative and private investment frameworks to reflect international best practice and the industry's new paradigm on sustainability, transparency, and fiscal matters. The objective is reduced risks for investors, resulting in more investment, increased mining revenues, and a stronger national economy. The project combines capacity building advisory services with direct investment to help Diamond Trust Bank (DTB) Kenya expand its MSME lending. The objective is to deepen and broaden the Kenyan financial sector, and to raise the standard of financial services provided to MSMEs. The project combines capacity-building advisory services with direct investment to create capacity for expansion of K-Rep Bank’s MSME lending. The objective is to deepen and broaden the Kenyan financial sector and to raise the standard of financial services provided to MSMEs. The project helps to increase income and employment of local businesses and communities impacted by Rift Valley Railways (RVR) operations in Kenya. The objectives are to motivate workers to invest their compensation in new business opportunities, including providing goods and services to RVR; to create income-generating opportunities for local communities along the rail tracks; to enable local MSMEs to tap new business opportunities created through the privatization process; and to benefit RVR through lower-cost, convenient local goods and services. Sub-Saharan Africa Ghana Sub-Saharan Africa Guinea IF-Vocational Ed 561590 Innovation/Global Fund Projects Sub-Saharan Africa Guinea BHPBilliton Linkages Program (Guinea) Design Phase 557325 Value Addition to Firms Sub-Saharan Africa Guinea Technical Assistance to Strengthen Guinea’s Framework for Private Sector Mining Investment AMSMETA DTB Keny 554085 Business Enabling Environment Sub-Saharan Africa Kenya 561893 Access To Finance Sub-Saharan Africa Kenya AMSMETA K-Rep Bank Limited 561892 Access To Finance Sub-Saharan Africa Kenya LK: RVR Kenya/Uganda Railway 535163 Value Addition to Firms Sub-Saharan Africa Kenya CT R-Magadi Soda Ltd. 561206 Sub-Saharan Africa Kenya Kenya Schools Advisory Services 550745 Environment and The project assists Magadi Soda Ltd. with a pre-feasibility study of Social Sustainability geothermal power generation. The objective is to determine whether the company can replace heavy fuel oil with clean energy using the waters of Lake Magadi. Infrastructure The project provides advisory services, in parallel with investment, to improve the quality and availability of private schooling in Kenya. The objective is help meet the country’s need for expansion of the education sector in the next few years. Printed on 10/25/2009 Page 26 of 38 IFC Advisory Services Projects Approved During FY08 Region Country Project Name Liberia PSD growth support through SEZs Project ID 562248 Business Line Business Enabling Environment Objective The project assists the government of Liberia in creating special economic zones (SEZs), where companies can invest, create jobs, and produce goods and services in an environment that is relatively free of the country’s impaired business climate. The objective is to help: 1) kickstart investment activities that otherwise would not take place; 2) test new policies (private infrastructure service provision, streamlined bureaucracy, modern labor regime, and so on) before applying them to the rest of the country; and 3) circumvent inefficient and corrupt procedures and practices. The project creates a greenfield microfinance bank in Liberia to provide essential financial services in a challenging postconflict environment. The objective is to dramatically expand financial access for Liberia’s MSMEs on a commercially sustainable basis, thereby having a demonstration effect, contributing directly to poverty reduction, and deepening the Liberian financial sector. Part of a larger country program for Liberia, the pilot project helps to reduce the time and cost for import and export transactions, and to develop an efficiently functioning trade logistics system through targeted trade logistics reforms. Objectives include an increase in investment in key tradable sectors; an increase in share of exports; ramped up growth in key sectors; and creation of productive jobs. The project (part of the village phone program delivering telephony to underserved areas by partnering local entrepreneurs with major network operators) partners with Celtel in Madagascar to establish 1) local "village phone operator" (VPO) enterprises that use microcredit to purchase a kit (mobile phone, antenna, and solar recharger) to sell per-call phone usage; and 2) entrepreneurs to operate PC-based, low-cost local connectivity networks. The objective is to provide telephone access to underserved communities through sustainable VPO microenterprises. The project provides advisory services and funding assistance to Sandandrano, a Malagasy private company, to develop a project jointly with InfraCo to provide potable water to a number of municipalities on the outskirts of the capital city, Antananarivo. The objective is to finance part of the initial feasibility study for the project, with a particular focus on environmental and social issues. The project works with the government of Madagascar to improve the business environment by reforming and streamlining regulations and procedures for business licenses. The objective is to reduce regulatory costs and risks of doing business in Madagascar, and to support the country’s private sector development. The two-year project provides advisory services to financial institutions in Malawi, particularly targeting the agricultural sector (which employs more than 80 percent of the labor force, accounts for 35 percent of GDP and 90 percent of exports, and provides 65 percent of the manufacturing sector’s raw material). The objective is to create better access to finance for smaller businesses by deepening and broadening the Malawi financial sector and raising the standard of financial services provided to MSMEs. The project provides assistance to the government of the Republic of Mali. The objective is to implement a private sector participation transaction at the airport of Bamako, the capital city of Mali. Sub-Saharan Africa Liberia Sub-Saharan Africa Liberia Access Liberia TA 561126 Access To Finance Sub-Saharan Africa Liberia LIB Trade Log 562147 Business Enabling Environment Sub-Saharan Africa Madagascar VPP Madagascar 562752 Infrastructure Sub-Saharan Africa Madagascar Sandandrano Water Project 561387 Infrastructure Sub-Saharan Africa Madagascar Madagascar Investment Climate Reforms - Business Licensing AMSME FMB AS 561587 Business Enabling Environment Sub-Saharan Africa Malawi 563893 Access To Finance Sub-Saharan Africa Mali Bamako Airport 24981 Infrastructure Printed on 10/25/2009 Page 27 of 38 IFC Advisory Services Projects Approved During FY08 Region Sub-Saharan Africa Mali Country Project Name Investment Climate Reform in Mali Project ID 555605 Business Line Business Enabling Environment Objective The project is the first phase of a program to help the government of Mali implement focused regulatory and institutional reforms in the agribusiness, tourism, and mining sectors. The objective is to stimulate domestic and foreign private investment. Infrastructure The project serves as lead adviser to the government of Mauritius as it introduces private sector participation in the financing, operation, and management of cargo-handling operations in the port sector, specifically in two transactions at Port Louis Harbour. The objective is to derive better operational performance and to mobilize private sector investment at Port Louis. Access To Finance The project combines capacity-building advisory services with direct IFC investment to assist financial intermediaries in providing better service to MSMEs in Mozambique. The objective is to deepen and broaden the Mozambique financial sector, and to raise the standard of financial services provided to MSMEs. Environment and The project provides advisory services to Novanam Limited in conducting Social Sustainability a cleaner production audit of its fish-processing facilities located in Luderitz and Walvis Bay, Namibia. The objective is the introduction of energy-efficiency and water-saving measures at the company, and possibly encouraging other fisheries in Namibia and neighboring countries to adopt cleaner production practices. Value Addition to The project supports improvement in the corporate governance policies Firms and practices of Nigerian banks, through working with the Central Bank of Nigeria as well as with local banks, educational and professional training institutions, and other institutions, and raising public awareness of the needs and benefits of improved corporate governance practices. The objective is to enhance the efficiency and transparency of the Nigerian financial sector. Business Enabling The project assists the government of Rwanda in improving the regulatory Environment environment, building institutions, and reducing the cost of doing business in Rwanda. The objective is to create an investment climate that is competitive, attractive to the private sector (in areas where Rwanda has a comparative advantage), and distinctly different from competing investment destinations in Sub-Saharan Africa. Value Addition to The project works with the Global Corporate Governance Forum to Firms provide capacity-building assistance to facilitate corporate governance best practices in Senegal, by promoting reform efforts to protect and attract capital, inspire investor and lender confidence, and spur both domestic and foreign investments for economic development. The objective is to increase the efficiency of companies in Senegal. Business Enabling Part of a larger program, the project supports the efforts of the Sierra Environment Leone National Revenue Authority and Ministry of Finance to simplify tax policy, reduce compliance costs, spread the tax burden, facilitate formalization and job creation, and reduce avenues for corruption. The objective is to improve the business enabling environment in Sierra Leone. Environment and The project provides advisory services to enable Sao Hill Industries to Social Sustainability undertake a cleaner production assessment at its sawmill operation in Tanzania. The objective is to prepare for the potential installation of a wastewood-fired combined heat and power plant, and if successful, to encourage others in the Africa region to adopt cleaner production practices. Sub-Saharan Africa Mauritius Mauritius Ports 26352 Sub-Saharan Africa Mozambique AMSMETA BCI 553346 Sub-Saharan Africa Namibia CT R Novanam Ltd. 561146 Sub-Saharan Africa Nigeria Nigeria CG Program 560065 Sub-Saharan Africa Rwanda Rwanda Investment Climate Reform Project 560665 Sub-Saharan Africa Senegal SENEGAL CORPORATE GOVERNANCE TECHNICAL ASSISTANCE Sierra Leone Tax Simplification Rollout 563727 Sub-Saharan Africa Sierra Leone 561268 Sub-Saharan Africa Tanzania, United Republic of CT R-Sao Hill 563729 Printed on 10/25/2009 Page 28 of 38 IFC Advisory Services Projects Approved During FY08 Region Country Project Name AMSMETA DTB Tanz Project ID 562150 Business Line Access To Finance Objective The project combines capacity building advisory services with direct investment to help Diamond Trust Bank (DTB) Tanzania expand its MSME lending. The objective is to deepen and broaden the Tanzanian financial sector, and to raise the standard of financial services provided to MSMEs. Through the project, IFC acts as lead transaction adviser to the government of Tanzania for implementation of a public-private partnership transaction in the airport sector. The objective is improvement of the largest airport in mainland Tanzania (Dar es Salaam) alone or possibly Dar and Mwanza, the second largest, together in a single package. The project makes leasing available as an alternative financial instrument in Tanzania. The objective is to increase access to finance for the country’s MSMEs. The project combines capacity building advisory services with direct investment to help Diamond Trust Bank (DTB) Kenya expand its MSME lending. The objective is to deepen and broaden the Kenyan financial sector, and to raise the standard of financial services provided to MSMEs. The project supports the development and implementation of five publicprivate partnership projects, works with local financial institutions in funding water projects, and supports local private operators in developing bankable proposals for the projects. The objective is to involve the private sector in operations and management of drinking-water distribution networks in small towns and rural growth centers in Uganda. The project provides advisory services to InfraCo, in partnership with up to 190 small-scale farmers and four commercial farmers in the Kafue flats area near Lusaka, Zambia, to implement an irrigated out-grower plan. The objective is a full environmental and social assessment of the impact of this initiative on the small-scale farmers and the people in the Kafue District, specifically Chanyanya, Chikupi, and Magoba. The project develops and tests a model to fast track high-potential farmers into a new class of agribusiness farmers in rural Africa, helping to close the gap between large commercial farms and smallholder farms. The objective is for these new farmers to develop into rural semi-middle classes and become role models and advocates for change in their communities. The project forms a social enterprise task force to generate and share knowledge about the work, lessons, and experience of the IFC Grassroots Business Initiative and other key players in the social enterprise field. The objective is to articulate key pieces of IFC-GBI's work and experience, and to raise the profile of IFC and IFC-GBI among key players in the social enterprise field. The project is a second annual financial contribution from the Business Line envelope for the Public-Private Infrastructure Assistance Facility (PPIAF) managed by the World Bank. The objective is for IFC to support the facility. The project is a financial contribution from the Business Line envelope for the Private Infrastructure in Development Group (PIDG). The objective is for IFC to support the group. Sub-Saharan Africa Tanzania, United Republic of Sub-Saharan Africa Tanzania, United Republic of Tanzania Airprts 24982 Infrastructure Sub-Saharan Africa Tanzania, United Republic of Sub-Saharan Africa Uganda TZ Leasing BDS 559185 Access To Finance AMSMETA DTB Ugan 562149 Access To Finance Sub-Saharan Africa Uganda Uganda Small Scale Infrasructure Project : Water 560987 Infrastructure Sub-Saharan Africa Zambia Chiansi 561396 Infrastructure Sub-Saharan Africa Zambia IF-Linkages Zambia Emerging Farmers Project(Zambia) 561597 Innovation/Global Fund Projects World United States Social Enterprise KM Task Force 559806 Value Addition to Firms World World Region PPIAF 2008 564792 Infrastructure World World Region PIDG 2008 564791 Infrastructure Printed on 10/25/2009 Page 29 of 38 IFC Advisory Services Projects Approved During FY08 Region World Country World Region Project Name SEGEF Portal Project ID 562607 Business Line Objective Environment and The project facilitates the design and implementation of an informationSocial Sustainability sharing platform to underpin the work of the IFC global sustainable energy (SE) practice group, to support the development of SE lending markets through financial institutions (FIs). The initial-stage objective is to support the scale-up of FI-focused SE finance business by enabling access to accurate and relevant information on IFC’s previous experiences in this area. Value Addition to The project supports Phase II of the SME Toolkit Global Project Firms (broadening user access to the Toolkit and increasing local content) by working with selected local partners to distribute and manage information via the Internet or computers. The objective is to help owners, managers, and staff of small businesses in developing countries improve their business operations. Environment and The project supports the expansion of Triton’s underwater logging Social Sustainability operations in developing countries, starting with Malaysia. The objectives are: 1) to replace nonsustainable terrestrial timber harvesting; 2) to cause less lakebed damage and water turbidity than other approaches; and 3) to provide a safer logging method than harvesting with scuba divers. Environment and The project develops a replicable knowledge framework for fostering an Social Sustainability enabling environment for private sector market penetration in regions that seek to implement clean distributed generation projects—and for allowing the regions the to choose the elements of information they deem useful. The objective is to create a central knowledge hub that catalyzes growth of knowledge for these regions, and lets them learn from and add to the experience gained in developing and developed economies. Access To Finance The project is a strategic partnership (IFC and KfW) combining advisory and funding support for a new initiative, the Microfinance Initiative for Asia (MIFA). The objectives are: 1) to create and enhance institutional capacity for microfinance delivery in Asia, thereby increasing access to financial services for millions of the entrepreneurial poor; 2) to provide needed financing while strengthening linkages with domestic and international capital markets; and 3) to identify constraints (in such areas as the legal and regulatory environment and financial sector infrastructure) that could hamper further sector growth. The project enhances IFC’s capacity to design and implement business inspections reform projects that promote transparency and efficiency of inspections, make their burden on businesses lighter, enhance their social effectiveness, and help reduce corruption. The objective is a clearly defined approach to inspections reform that can be rolled out in regions where business inspections have been identified as a key issue and a relevant business-operation reform entry point. The project develops global media practice guidelines for use by large and SME media-content producers and distributors as well as large companies that buy content from SME suppliers. The objective is to provide important principles and value-added insights to IFC clients involved in the media sector. World World Region SME Toolkit Program 561908 World World Region CT I-Triton 561572 World World Region PADGO Knowledge Hub 561389 World World Region MIFA TAAS II 563832 World World Region Business Operation Inspections Reform Product Development and KM 562328 Business Enabling Environment World World Region Linkages for ICT: Media Sector Best Practice Guidelines 563688 Value Addition to Firms Printed on 10/25/2009 Page 30 of 38 IFC Advisory Services Projects Approved During FY08 Region World Country World Region Project Name CT E-Waste Management - Global Project ID 561502 Business Line Objective Environment and The project is a global market assessment of electronic waste generated Social Sustainability from production and consumers. The objective is to identify a proactive approach to reducing ecosystem degradation and soil and groundwater contamination resulting from incineration and dumping of electronic waste in landfills. Environment and The project is a scoping exercise to gain a comprehensive view of where Social Sustainability and how IFC should expand its intervention to promote the use of geothermal resources on a global scale. The objective is to structure a global support and investment program, and to identify the priority regions for implementation. Environment and The project supports the institutional development and financial Social Sustainability consolidation of the Union for Ethical Biotrade as the vehicle for definition, verification, market development, promotion, and differentiation of sustainable biodiversity-based products. The objective is to contribute to the reduction of poverty and the conservation of biodiversity through the development and growth of the biotrade market, including its enabling environment and private sector entrepreneurs. The project offers a combination of advisory services to develop technology management capacity and wholesaling structures, such as credit lines, to allow IFC to provide early-stage financing through trusted gatekeepers. The objective are: 1) to deliver financing to SMEs through wholesaling vehicles and other mechanisms; and 2) to develop the capacity and effectiveness of emerging markets institutions, such as universities, to identify and develop marketable technologies, and commercialize them with private sector partners. Environment and The project partners with the Global Reporting Initiative (the only global, Social Sustainability multistakeholder framework for sustainability reporting) to promote gender and corporate social responsibility (CSR) reporting at the global level—via research, consultations, and development of CSR guidelines, protocols, supplements, and resource guides that address gender. The objective is for more companies (including IFC investees) to understand the business case for gender inclusion and to implement appropriate best practices to increase and optimize the contribution of women in their organizations. Innovation/Global Fund Projects The project develops a work plan for delivery of advisory services to create innovative approaches to broaden participation from sectors and by players in developing countries that are underrepresented in the carbon markets. The objectives are: 1) to enable businesses and carbon markets in these countries to capitalize on the evolving market for a public good (greenhouse gas emission reductions); and 2) to enable IFC to help clients take advantage of opportunities to bundle greenhouse gas reductions. The first of three phases of a larger program, the project develops a knowledge management and product development framework that supports an IFC BEE Advisory Services subproduct closely aligned to IFC’s investment operations. The objective is to provide client countries and subnational regions with solutions to develop the tourism industry, and to attract higher levels of investment into the industry. Innovation/Global Fund Projects World World Region Geothermal World 561498 World World Region BD Bio-Trade Program 557585 World World Region IFC Emerging Markets Technology Transfer Facility 561632 World World Region GEM Gender and Corporate Social Responsibility 561827 World World Region IF-Carbon Finance Advisory Services 562527 World World Region Tourism Investment & Development Advisory Services Global 562151 Business Enabling Environment Printed on 10/25/2009 Page 31 of 38 IFC Advisory Services Projects Approved During FY08 Region World Country World Region Project Name Global leadership Project ID 562109 Business Line Business Enabling Environment Objective The project develops investment-climate analysis to assess the ease of private enterprise, bringing new insights to IFC’s business environment, access to finance, infrastructure, and corporate governance advisory lines. Objectives include improving the quality of existing advisory projects and suggesting new delivery mechanisms within existing product lines, providing information for IFC’s investment decisions, and providing a public good for developing countries and the development aid community. The project provides a systematic, targeted, and timely response to requests from client governments for assistance in improving the Doing Business indicators, and serves as an entry point for broader reforms to improve the business environment. The objective is to help client governments increase investment, spur economic growth, reduce informality, and create jobs by improving their environment for business. World World Region Doing Business Reform Rapid Response 561994 Business Enabling Environment World World Region Equator Principles 561789 World World Region Srsp HRinstitute 561630 World World Region IFC-FTEssay Comp 561573 World World Region Srsp HRIA Roadtesting and VPs Scoping 558085 Environment and The project promotes IFC’s Performance Standards and the Equator Social Sustainability Principles among financial institutions in emerging markets. The objective is to increase awareness of the benefits of applying these international standards, to help level the playing field among financial institutions in the area of sustainability. Environment and The project entails extensive regional consultations with relevant local Social Sustainability and international stakeholders regarding a potential Business and Human Rights Institute. The objective is a clear and comprehensive assessment of the possible role and functions of such an institute. Business Enabling The project seeks funding for two rounds of the IFC/Financial Times Environment Private Sector Development Research Essay Competition. The objective of the competition is to solicit empirically grounded ideas on private sector development. Environment and The project, in partnership with the International Business Leaders Social Sustainability Forum, 1) road tests the draft Guide to Human Rights Impact Assessment and Management, and 2) scopes a new business and human rights tool to help implement the Voluntary Principles on Security and Human Rights. The objective is to develop practical tools and processes for IFC clients and emerging market companies to identify human rights issues associated with their business, manage human rights impacts, and seize opportunities to improve their economic and social performance by going beyond compliance requirements. Environment and The project is a scale up of work done by pilot studies in assessing the Social Sustainability risks posed by climate change to private sector investments, and adapting options specific to public-private partnership infrastructure projects. The objective is a comprehensive understanding of risks, methods, and adaptation options specific to private sector investment characteristics. Business Enabling The project is a study to benefit national and subnational governments Environment aiming to accelerate the growth of their information technology (IT) and information technology enabled services (ITES) industries. Objectives include assessment of the development impact of the IT and ITES industry; a diagnostic tool for industry competitiveness assessment; and good practice policy options. World World Region Climate risk 562756 World World Region IT/ITES Global 562528 Printed on 10/25/2009 Page 32 of 38 IFC Advisory Services Projects Approved During FY08 Region World Country World Region Project Name IF-South-South Investments Project ID 561748 Business Line Innovation/Global Fund Projects Objective The project studies Southern multinationals, companies from ―South‖ countries investing in other South countries (South-South investments) and in ―North‖ countries (South-North investments). Objectives are : 1) to describe the needs of these companies and the impacts of such investments on the host developing countries and the countries of origin; 2) to design, augment, or combine products and services to address the needs identified; and 3) to test the effectiveness of these products and services. The project designs an enterprise survey for licensing, and tests it in Frontier countries and middle-income countries. The objective is the development of sound, replicable outcome and impact indicators for reform of licensing, permits, and associated inspections, plus production of a manual on project-level measurement-and-evaluation frameworks for advisory projects on licensing. The project is the product development and knowledge management component of a larger program to help investment promotion intermediaries attract foreign direct investment to developing countries. The objective is a replicable investment policy and promotion product that can be delivered by FIAS and its BEE partners in the facilities, tailored to local conditions, and rolled out globally. The project sponsors prestigious global awards in the field of sustainability, recognizing and rewarding financial institutions that have shown leadership and innovation in integrating social, environmental, and corporate governance objectives into their day-to-day operations. The objective is to serve as a catalyst for further innovation in sustainable banking, encourage best practice and transparency as the sector develops, and stimulate debate on the role of financial institutions in sustainability. The project provides advisory services at the subnational level. The objectives are: 1) to raise awareness—among regional and local governments, municipal and state-owned enterprises, and financial intermediaries—about the building blocks of creditworthiness and the mechanisms available for raising funds for investments, and increase their capacity to evaluate and design financing programs; and 2) to assist potential subnational borrowers in the preparation and implementation of sound investment proposals. Following an earlier program to help governments enhance their capacity to attract foreign direct investment (FDI) and to provide information to potential investors, the project measures the impact of the earlier program, strengthens it, and expands its scope. The objective is to improve the ability of developing countries to attract FDI through effective provision of investor-related information. The project develops and pilots two-day workshops to help clients build capacity to communicate to the media, civil society, and other stakeholders on critical environmental and social issues. The objective is a new service for IFC clients to help them develop a communications action plan that includes the first steps of a communications strategy, and to provide advice on how to create a communications function within the company. The project develops an analytical base and a set of data to be used for evaluating longer-term investment strategies in a context of greenhouse gas (GHG) emissions reductions for a country or a region. The objective is to assist IFC policy makers in shaping a sustainable investment portfolio by region or sector, based on GHG implications. Page 33 of 38 World World Region Licensing M&E 561246 Business Enabling Environment World World Region Investment Policy and Promotion Core Product 557965 Business Enabling Environment World World Region FT Awards / Conference 2008 561388 Innovation/Global Fund Projects World World Region Subnational TA World Region 562047 Business Enabling Environment World World Region Investment Promotion Performance Benchmarking 20082009 561187 Business Enabling Environment World World Region IF-E&S Comms 561651 Innovation/Global Fund Projects World World Region IF-GHG-Impact Model 561547 Innovation/Global Fund Projects Printed on 10/25/2009 IFC Advisory Services Projects Approved During FY08 Region World Country World Region Project Name IF-GEM Gender Investment Index Project ID 561707 Business Line Innovation/Global Fund Projects Objective The pilot project conducts scoping exercises in one or two developed markets to explore the business case that companies that empower women have a superior stock performance, and thus deliver greater financial returns. The objective is to validate the feasibility of building a gender investment index in developed markets, potentially replicable in emerging markets at a later date. Innovation/Global The project develops a demonstration pilot for a Web-accessible Fund Projects computer game to evaluate sustainable infrastructure options for energy, water, and transport required in support of an investment project. The objective is to be engaging and entertaining, and at the same time educate targeted users (entrepreneurs and investment professionals) on key principles of sustainable growth, including energy efficiency, renewable energy, biodiversity, social development, regulatory, and investment regimes. Innovation/Global The project assesses energy-storage technologies and applications to Fund Projects determine which specific energy-storage options may benefit IFC clients. The objective is to provide a guide to promote energy efficiency, renewable energy, and off-grid power solutions, and to help clients use the energy-storage applications to improve on the economics of their operations. Innovation/Global The project addresses information and communication technology (ICT) Fund Projects needs. The objectives are: 1) to develop an ICT Center/Business Incubator model that could be piloted by IFC and possibly replicated; and 2) to develop investment criteria for evaluating new and existing ICT Center/Business Incubators for IFC investments. Innovation/Global The project completes two diagnostic reports—1) a market review of Fund Projects players providing access to water for the underserved; and 2) a diagnostic of financial institutions and financing mechanisms of water delivery models—to identify an approach to IFC’s deeper involvement and potential leadership in a growing segment of the water sector. The objective is to develop an informed approach to assess and design financial instruments, such as a risk sharing facility. Business Enabling The project develops practical how-to guidelines, tools, measurement and Environment evaluation frameworks, and communication tools to enhance knowledge sharing within the WBG and with client governments. The objective is to provide the knowledge base to improve the quality of design and implementation of Special Economic Zone programs in conflict-affected countries, targeting the WBG transaction leaders as well as other practitioners. Environment and The project develops and implements a product to promote a Social Sustainability performance-based approach to corporate social responsibility (CSR) among emerging market companies, and to help companies adopt strategies and practices to improve their social, environmental, and economic performance, as well as accountability and transparency to stakeholders, in line with their business priorities. The objective is for companies to take a more strategic approach to CSR activities and to achieve the greatest benefits of these activities through effective communication. World World Region IF-GreenWorks 561546 World World Region Innovation Fund Energy Storage 561499 World World Region IF-ICTSME Incubator 561648 World World Region IF-Global Water Access 561569 World World Region Special Economic Zones Product Development and Knowledge Management 561315 World World Region CSR Strategies 559446 Printed on 10/25/2009 Page 34 of 38 IFC Advisory Services Projects Approved During FY08 Region World Country World Region Project Name IF-FPS carbon profile model Project ID 561505 Business Line Innovation/Global Fund Projects Objective The project develops, tests, and vets a forest product sector’s (FPS) carbon profile model for estimating and reporting on the carbon footprint or carbon sink for individual FPS companies and projects; and supports use of the model by IFC clients and other FPS companies. The objective is to introduce the model as a tool for estimating the carbon profile of investments; to better understand the investment and advisory opportunities a climate change policy entails for the forest product industry; and to facilitate the dialogue among industry participants and bring value to IFC clients in the FPS and other sectors. The project facilitates standardization of a commercial mediation product in line with the overall WBG strategic priorities; it has three components: product development; product testing and roll-out in pilot initiatives; and knowledge transfer and training and partnerships. The objective is to strengthen and further develop IFC’s potential to improve the investment climate in emerging market countries by facilitating the introduction of alternative dispute resolution and commercial mediation. The project is the product-development and knowledge-management component of the Trade Logistics Program of BEE. The objective is to consolidate and establish the Trade Logistics Advisory Services Program as a core BEE product that can be rolled out on a global scale to provide efficient assistance to client governments to improve their trade transactions. The project supports the Business Edge corporate value-chain model that enables local training providers to deliver best-practice management training services adapted to the local market, specifically owners and managers of smaller companies or middle managers in larger companies. The objective is to help corporate clients build the managerial capacity of SMEs (distributors, suppliers, and customers) within their value chains. World World Region Commercial Mediation Product Development and KM 561909 Business Enabling Environment World World Region KM Trade Logistic Advisory Services Progam 561807 Business Enabling Environment World World Region Business Edge Corporate Value Chain 560425 Value Addition to Firms World World Region Biodiversity Offsets Program 550585 Environment and The project is a component of a larger program addressing biodiversity Social Sustainability conservation. The long-term objective of the program is to strengthen the development of an international market-based mechanism for biodiversity conservation based on caps and credits; the short-term objective of this initial component is to create experience and methodologies that will contribute to the international dialogue on, and acceptance of, biodiversity offsets as a valid means of compensating for residual and unavoidable damage to biodiversity resulting from an investment project. Access To Finance The project provides grant funding to ShoreCap Exchange to support capacity building activities for MSME institutions that are actual or potential IFC investees. The objective is to strengthen these banks and increase the outreach to underserved microfinance institution clients in Afghanistan, Bangladesh, and The Gambia. The private sector development project develops reference and other tools to support innovation in mobile banking practices. The objective is to strengthen the knowledge base for the Global InformationCommunications Technologies Department regarding mobile banking, to support its clients with linkages projects. World World Region ShoreCap Exchange II 561310 World World Region GICT Linkages for Mobile Banking Clients 561487 Value Addition to Firms Printed on 10/25/2009 Page 35 of 38 IFC Advisory Services Projects Approved During FY08 Region World Country World Region Project Name GEMX Project ID 561189 Business Line Access To Finance Objective The project is part of the WBG Global Emerging Markets Local Currency initiative to assist emerging market countries in developing their capital markets. The objective of this project is to create and co-brand the first global emerging-market local-currency bond index with Markit Group, a leading financial information firm. The project includes development of the Value Chain Finance Training Module as an advisory tool. The objective is scalable, replicable models for IFC combined advisory and financial support for the development of Value Chain Finance, which includes both upstream supplier finance and downstream distributor finance. The project supports standardization and documentation of IFC’s experience to date in agribusiness advisory services, while identifying lessons and learnings for future projects. The objective is for the Agribusiness Supply Chain Development Product to become a mature advisory services product offering within the Linkages Product Line. The project consolidates and benchmarks IFC’s extractive industry linkages product. The objective is to achieve standardization by enabling efficient replication of linkages products. The project is the product-development and knowledge-management component of the Business Licensing Reform Product. The objective of this component is to strengthen and further develop IFC experience and to provide the knowledge base for the roll-out of the reform product. The project further defines and refines the Corporate Governance Advisory Services (CG AS) business model. The objective is to improve corporatewide understanding of the extent and quality of CG AS resources available to AS teams in the regions. The project publishes an operational tool for IFC staff (which is also available to governments, financial institutions, donors, and development agencies) summarizing WB and IFC experiences with the expanding of access to financial services to SMEs. The objective is to promote marketdriven approaches to SME financing, as contrasted with subsidized, targeted, or mandated SME lending approaches. The project, in collaboration with the World Bank, creates a facility, Global Index Reinsurance Facility (GIRIF), which IFC supports through investment and advisory services. The objective is to establish technical and intermediation capacity to reinsure weather-event and catastrophicevent risks, and to create the policy background from a regulatory viewpoint. The project provides advisory and investment support for M-banking initiatives (use of mobile phones to process financial transactions) in countries such as South Africa, Kenya, and the Philippines, where mobile phone services are available but most people lack basic banking services. The objective is to increase access to finance in such areas. The project benchmarks the openness of economies to foreign direct investment. The objective is to stimulate investment-climate reforms and to complement Doing Business indicators with an easy-to-use reference for policy makers, analysts, and investors to measure the ease of doing business in a country. World World Region LK: Value Chain Finance Standardisation 560705 Value Addition to Firms World World Region Agribusiness Supply Chain Development Product 560365 Value Addition to Firms World World Region World World Region World World Region World World Region Extractive Industry Linkages Standardization Business Licensing Reform Product Development and Knowledge Management Corporate Governance Advisory Services Product Line Development SME Financing Publication: Lessons from Experience in SME Access to Finance 560125 Value Addition to Firms Business Enabling Environment 561008 560285 Value Addition to Firms 559946 Access To Finance World World Region GIRIF Advisory Services Project 556745 Access To Finance World World Region Global Mobile Banking Project 560745 Access To Finance World World Region FDI Indicator 559025 Business Enabling Environment Printed on 10/25/2009 Page 36 of 38 IFC Advisory Services Projects Approved During FY08 Region World Country World Region Project Name Business Entry (Registration) Project ID 557025 Business Line Business Enabling Environment Objective The project strengthens and further develops IFC’s knowledge and expertise in supporting reforms aimed at simplifying and streamlining regulatory requirements for business entry (registration) through its development as a core product in IFC Advisory Services. The objective is to consolidate existing corporate knowledge and tap into external good practice and knowledge resources to ensure the most effective application in new projects. The project collaborates with Reuters on a series of regional hands-on training workshops and development of practical tools (to be compiled into a toolkit for broader dissemination) to help the media provide valuable support to private enforcement of good corporate governance practices. The objective is to strengthen the capacity of journalists worldwide to report more effectively on issues related to corporate governance. The project pilots a new financing mechanism to direct resources costeffectively to the poor via partners that add value and business support to final users (microproducers and microentrepreneurs). The objective is to expand access to suitable financing, combined with capacity building and low-cost social services, for grassroots business organizations. The project creates a new core Advisory Services product to simplify the tax component of the business process and reduce the time and financial cost of paying taxes (one of the top three obstacles to doing business in most countries). The objective is to reduce the tax compliance burden for business, to apply the product in client countries in support of tax regulatory simplification reforms, and to create a standardized product that can be rolled out regionally with IFC Facilities. The project is a contribution to the Private Infrastructure in Development Group from Business Line funds. The objective is membership in that organization. The project accelerates expansion of sustainable microfinance services for low-income microentrepreneurs in the Central, South, and East Asia regions. The objective is to strengthen retail capacity, develop newer delivery channels, and expand the range of financial products, thereby providing access to finance for some 5 million microentrepreneurs and households; and to strengthen microfinance institutions through expansion of financing sources and financial instruments. The project complements IFC’s Property Finance Initiative, delivering affordable and sustainable housing and related property infrastructure in emerging markets. The objective is to support the emergence and growth of well-functioning property markets in developing countries by financing property development, thereby adding value to IFC’s equity investments through building capacity of participating institutions and supporting property market development and product development. The project consolidates the learnings from all applications of Business Edge training since 2002. The objectives are: 1) to improve efficiency for easier, quicker roll-out; 2) to provide support for the overall effort, maintain standards, and measure results; 3) to communicate with the Corporation about Business Edge and its application; and 4) to develop methods of building human capacity in the Corporation for project implementation. World World Region CG Media 560245 Value Addition to Firms World World Region Blended Pool of Capital 559766 Value Addition to Firms World World Region Tax Product Program Design 559365 Business Enabling Environment World World Region PIDG Membership 558685 Infrastructure World World Region MIFA TAAS 557985 Access To Finance World World Region Property Finance 557165 Access To Finance World World Region IFC Business Edge 557045 Value Addition to Firms Printed on 10/25/2009 Page 37 of 38 IFC Advisory Services Projects Approved During FY08 Region World Country World Region Project Name Sustainable Tools (SI) & Training Project ID 554486 Business Line Objective Environment and The project provides investor outreach, practical tools and training, and Social Sustainability investment-product research and development to help participants invest in environmentally and socially sustainable companies. The objective is to increase long-term sustainable investments in emerging markets. Environment and The project develops a best management practices (BMP) manual to Social Sustainability document and share state-of-the-art practices to manage and mitigate environmental and social risks in sugarcane production, and to document costs and benefits of BMPs to improve the business case and incentives for sugar market transformation. The objective is to improve the sustainability of the sugarcane supply chain, and provide the basis for a new global standard in sugarcane production. World World Region Better Management Practices in Sugar Cane 549330 Printed on 10/25/2009 Page 38 of 38