Sierra Leone Sustainable Tourism Development Project (WB-P164212)

Countries
  • Sierra Leone
Where the impacts of the investment may be experienced.
Financial Institutions
  • World Bank (WB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Approved
Bank Risk Rating
B
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Sep 20, 2018
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
Government of Sierra Leone
The holder of the loan, grant, or other investment.
Sectors
  • Industry and Trade
  • Law and Government
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 10.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 10.75 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ WB website

Updated in EWS Dec 4, 2018

Disclosed by Bank Dec 28, 2017


Contribute Information
Can you contribute information about this project?
Contact the EWS Team

Project Description

According to bank documents, the project objective is to improve the tourism business environment, enhance market access, and improve tourism products and services in Sierra Leone.

The proposed project will take an integrated destination approach to improving the performance of Sierra Leone’s tourism sector. This will include facilitating the reduction of barriers to business success, assisting existing tourism providers with market access, and improving the quality of selected tourism products in order to place the country’s tourism sector on a sustainable and inclusive growth trajectory. This will be achieved through a mix of institutional, and policy reforms, market development and national re-branding as well as building B2B linkages and strategically developing tourism products in selected areas.

  1. Strengthening the tourism enabling environment and its institutions ($1.5m). Given the emerging stage of tourism in Sierra Leone, the effective structuring of the sector is an important prerequisite to developing tourism in a sustainable and inclusive manner. This component aims to improve the policy, institutional and enabling environment for tourism by updating the tourism legal framework, building institutional capacities to improve the sector’s management and development
    and reducing access constraints.
  2. Component 2: Market Development ($3m). After its civil war and Ebola epidemic, Sierra Leone’s image remains badly tarnished, with negative perceptions being one of the largest roadblocks to effectively developing the country’s tourism sector.
  3. Component 3: Product Development ($4.7m). The country has a clear strength in three product categories of 1) Heritage, 2) Ecotourism, and 3) Island
    and marine-based tourism.
  4. Component 4: Project Management ($0.8m). The project will be managed through a Project Implementation Unit (PIU). The placement and reporting of the PIU will be determined during project preparation by an institutional assessment, taking into account lessons learnt from the recent EIF tourism project and related development partner experiences. 
Investment Description
  • World Bank (WB)
Contact Information

World Bank:
Adja Mansora Dahourou
Senior Private Sector Specialist

Borrower:
Ministry of Finance
Implementing Agencies
Ministry of Tourism & Cultural Affairs
Mohamed Jalloh
Director of Tourism
jallohtourism@outlook.com 

ACCOUNTABILITY MECHANISM OF WORLD BANK

The World Bank Inspection Panel is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by a World Bank-financed project. If you submit a complaint to the Inspection Panel, they may investigate to assess whether the World Bank is following its own policies and procedures for preventing harm to people or the environment. You can contact the Inspection Panel or submit a complaint by emailing ipanel@worldbank.org. You can learn more about the Inspection Panel and how to file a complaint at: http://ewebapps.worldbank.org/apps/ip/Pages/Home.aspx.