Competitiveness Policy Priorities for Western Balkans (EBRD-17467)

  • Europe and Central Asia
Geographic location where the impacts of the investment may be experienced.
  • Albania
  • Bosnia and Herzegovina
  • Kosovo
  • Montenegro
  • North Macedonia
  • Serbia
Geographic location where the impacts of the investment may be experienced.
Financial Institutions
  • European Bank for Reconstruction and Development (EBRD)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
  • Law and Government
  • Technical Cooperation
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
Not Disclosed
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Primary Source

Original disclosure @ EBRD website

Updated in EWS Nov 25, 2023

Disclosed by Bank Nov 3, 2023

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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

As stated by the EBRD, the Competitiveness Policy Priorities for Western Balkans (the Action) is a regional project aimed at enhancing the competitiveness of the private sector and MSMEs in the Western Balkans and thus supporting European Union (EU) accession efforts of the Region. The project will be financed by the EU under the Western Balkans Investment Framework.

Across the Western Balkans, businesses, and particularly MSMEs, are hindered by inadequate regulation, weak institutions, and a difficult business environment. These, and other challenges, limit firms' ability to innovate, adopt new technologies, and integrate into global value chains. Therefore, the Action will identify and address policy priorities in each of the six Western Balkan countries to unlock growth opportunities for businesses in the region. The Action will also promote digitalisation as enabler of competitiveness, business climate and economic governance, and will offer a harmonised approach to interventions in the areas of competitiveness, economic governance, digital and innovative, while aligning with green transition principles.

The main objective of the Action is to enhance competitiveness of the private sector, thus contributing to the implementation of the European Commission's Economic and Investment Plan (EIP) for the Western Balkans (the priority 2.5. of the EIP) and the EU accession process of the Region. This will be achieved through two phases:

Phase 1 - Developing competitiveness policy priorities (CPP) documents:

  • Perform diagnostics of obstacles to and opportunities for competitiveness of the private sector, with particular focus on obstacles in relation to digital and innovative MSMEs, in each of the six Western Balkans economies, as well as at regional level.
  • Outline policy priorities for each country (short, medium and long term) and propose technical assistance interventions (to be taken forward in Phase 2 of this project both at country and regional level so as to address identified constrains and enhance private sector competitiveness) in line with these policy priorities (and potentially financial instruments).
  • Draft CPP documents, consult and seek feedback on them from key stakeholders, including EC, EU Delegations in 6 WB countries, government and relevant public bodies, business representatives, and IFIs.
  • Finalise CPP documents (to be updated annually) and present them to stakeholders.

Phase 2 - Implementation of selected technical assistance activities (TAs) identified within the CPP documents to address priority reform actions (some of these to be implemented at regional level, and some at national level) :

  • Preparatory activities: include all activities following the CPPs validation process until the start of the TAs implementation (developing project proposals and aligning with stakeholders, developing project documentation, running selection and procurement processes and contracting of consulting services). 
  • Action implementation: include effective implementation of selected CPP TAs aimed to deliver a set of objectives for each of them as well as to achieve overall objectives of the Action.
Investment Description
Here you can find a list of individual development financial institutions that finance the project.

Investment amount not available at the time of disclosure.

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