Growth Support [44000-P080935]

Description

The objective of the Growth Support Project for Mali is 'to improve the investment climate, with a focus on reducing the cost of doing business and on fostering growth contribution from high potential sectors, including mining, tourism and crafts, and telecommunications'. The restructuring aims to address the management weaknesses observed in the implementation of the project to date and to recalibrate several project components in light of changed circumstances. The restructuring involves: (i) strengthening overall project management structure; (ii) strengthening project financial management; (iii) streamlining project monitoring and evaluation; (iv) strengthening procurement processes; (v) streamlining investment climate component; (vi) focusing airports of Mali component on the development of a public-private partnership (PPP) for airports of Mali; (vii) streamlining implementation of industrial zone component; (viii) strengthening implementation arrangements for tourism component; (ix) expanding handicraft component; (x) implementing new development of financial services component; (xi) implementing enterprises support services component through multi-donor fund for support services to small and medium enterprises (SMEs); and (xii) streamlining mining component. As a result of the restructuring, the project is expected to achieve its intended development outcome, as revised, to create the conditions for increased private investment through investment climate reforms, improved access to financial services, and the provision of non-financial services to private enterprises.

Financement

Statut - Achevé

Secteurs

Organisations

Pays bénéficiaires

MALI