Original disclosure @ WB website
Updated in EWS Jun 11, 2020
Disclosed by Bank Jun 6, 2020
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According to bank documents, the project objective is to strengthen economic linkages to the extractives sector for MSMEs in targeted areas.
The project has three components:
backward linkages but also linkage opportunities associated with the consumption from staff in the large companies. This component will have a strong regional focus with the objective of diversifying the local economy. The component will apply MFD principles in its development and implementation. The project will seek to leverage various sources of finance, expertise, and solutions from extractive companies’ in pursuing these opportunities. The component will also coordinate closely with the upcoming IFC shared-value platform for extractives in Mozambique, as well as other World Bank projects in preparation on infrastructure and community development, which follow a complementary approach.
Enabling linkages through national level’s market access, coordination and reforms. This component seeks to enhance national market access, reforms and capacity to leverage further diversifying investment. It aims to support markets and finance platforms to help generate linkages across sectors and locations. It includes the design, implementation, monitoring, and information sharing of appropriate policies to maximize benefits from investment, including policies for more conducive business environment. A key objective of this component is to improve the government’s capacity at the national level to plan and coordinate and to respond to the emerging needs. To do so effectively, this component will facilitate ongoing and upcoming initiatives to develop regular stakeholder engagement and capacity support for stakeholder coordination committees.
Sub-component 2.1: Digital platforms to connect to markets. The subcomponent will support the development of a centralized database of local suppliers and procurement opportunities to bridge information asymmetries.
Subcomponent 2.2: Physical platforms of reforms, coordination and capacity building. This subcomponent will support (i) investment policy reforms, (ii) coordination between stakeholders and (iii) capacity building in national agencies.
Francisco Moraes Leitao Campos
Ministry of Economy and Finance
Director of Treasury
Ministry of Commerce and Industry
Director of Private Sector Development
Ministry of Economy and Finance
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