The World Bank Haiti Business Development and Investment Project (P123974)

Transcription

1 Public Disclosure Authorized LATIN AMERICA AND CARIBBEAN Haiti Trade & Competitiveness Global Practice IBRD/IDA Specific Investment Loan FY 2013 Seq No: 9 ARCHIVED on 29-Dec-2016 ISR26542 Implementing Agencies: Ministry of Trade and Industry Public Disclosure Authorized Key Dates Key Project Dates Bank Approval Date:21-May-2013 Planned Mid Term Review Date:08-May-2017 Original Closing Date:31-May-2018 Project Development Objectives Effectiveness Date:11-Nov-2013 Actual Mid-Term Review Date:-- Revised Closing Date:30-Nov-2019 Public Disclosure Authorized Project Development Objective (from Project Appraisal Document) The objective of the Project is to assist the Recipient in: (a) improving the conditions for private sector investment and inclusive growth; and (b) improving its capacity to respond promptly and effectively to an Eligible Emergency. Has the Project Development Objective been changed since Board Approval of the Project Objective? No PHRPDODEL Components Name Component 1 - Business Environment and Investment Generation:(Cost $2.00 M) Public Disclosure Authorized Component 2 - Business Development Services for MSMEs:(Cost $15.00 M) Component 3 Project Management, Evaluation and Monitoring:(Cost $2.50 M) Component 4 Immediate Response Mechanism:(Cost $0.50 M) Overall Ratings Name Previous Rating Current Rating Progress towards achievement of PDO Moderately Satisfactory Moderately Satisfactory Overall Implementation Progress (IP) Moderately Satisfactory Moderately Satisfactory Overall Risk Rating High Substantial 12/29/2016 Page 1 of 10

2 Implementation Status and Key Decisions The Project was approved by the Board of the International Development Association on May 21, The Financing agreement was signed on June 14, 2013 and became effective on November 11, A level 2 restructuring of the project was approved on December 24, 2015 and counter-signed by Country Director and Minister of Finance on February 5, This restructuring became effective on October 28, Through the restructuring, the Business Development and Investment (BDI) Project will continue to pursue its development objective of improving the conditions for private sector investment and inclusive growth, but will move away from a focus on integrated economic zones and instead focus on the development of value chains. The restructuring will reallocate funds from the integrated economic zones activities towards: (i) the expansion of support for the Ministry of Commerce and Industry (MCI) s regional offices, from 1 to 10 regional offices; and (ii) aggregating the Matching Grants to benefit a group of Micro, Small and Medium Enterprises (MSMEs) and increasing the total envelope for Matching Grants from USD 4 to USD 8 million. Disbursements to date are: US$5.9 million or approximately 33% of the total budget. This ISR provides an update on the activities and results of the last 6 months of the project. Some highlights include: - The Ministry of Commerce and Industry has requested to trigger the Immediate Response Mechanism of the Project to assist farmers/entrepreneurs (previously registered by the Ministry of Commerce and Industry in the Project database) in the coffee (Grand'Anse), vetiver (South), coffee (Southeast), and honey (Nippes) value chains. The assistance would be based on a damage and loss assessments being conducted by the Enterprise Support Service teams in those departments. - The technical review of the leasing, secured transactions and companies laws has been finalized, in coordination with the Executive (the Prime Minister s office). The laws are now consistent with international best practice. - An analysis of the compatibility of the DGI's soon to be implemented comprehensive taxation system with the functionalities of the electronic collateral registry will commence in The Inter-ministerial Investment Commission has adopted the use of new templates for notifications of incentives granted. This work is coordinated by the CFI. - The bidding of training, technical assistance and common services for 7 value chains (cacao, coffee, vetiver, mango, avocado, honey and apparel) are moving forward. The new services aim to help producers and entrepreneurs add more value to their products or services and access more attractive market segments. All 7 value chains target export markets.the Ministry of Commerce and Industry will select 10 new value chains in January 2017, after which the Enterprise Support Service (SAE) teams will begin new value chains diagnostics and reinforcement initiatives. Risks Systematic Operations Risk-rating Tool Risk Category Rating at Approval Previous Rating Current Rating Political and Governance -- High High Macroeconomic -- High High 12/29/2016 Page 2 of 10

3 Sector Strategies and Policies -- Substantial Substantial Technical Design of Project or Program -- Substantial Substantial Institutional Capacity for Implementation and Sustainability -- Substantial Substantial Fiduciary -- Substantial Substantial Environment and Social -- High High Stakeholders -- Substantial Substantial Other Overall -- High Substantial Results Project Development Objective Indicators Private sector investment in supported value chains (Amount(USD), Custom) Value ,000, Date 29-Nov Nov-2019 Increased value added of supported MSMEs in the selected value chains (Percentage, Custom) Value Date 31-May May-2019 Increase in value added of poorer MSMEs in supported Value Chains in the poorest Departments (poverty rate above 60%) (Percentage, Custom) Value Date 31-May Nov /29/2016 Page 3 of 10

4 Time taken to disburse funds requested by government for an eligible emergency (Days, Custom) Value Date 29-Nov Mar-2017 Total investment (matching and firms' contribution) as a result of financed Business Improvement Plans (Amount(USD), Custom) Value ,200, Date 01-Jun Jun Jun Nov-2019 Total investment (matching and firms' contribution) as a result of Matching Grants for Common Services (Amount(USD), Custom) Value ,000, Date 01-Jun Jun Jun Nov-2019 Number of participants in public consultations (Number, Custom) Value , Date 01-Jan Jun Jun Nov-2019 Percentage of MSMEs participating in public consultations (Percentage, Custom) Value /29/2016 Page 4 of 10

5 Date 01-Jul Jun Jun Mar-2019 Number of MSMEs given technical and managerial assistance by MCI SAE teams (Number, Custom) Value Date 30-Jun Jun Jun Sep-2019 Average number of hours of technical and managerial assistance received by MSMEs (Hours, Custom) Value Date 30-Jun Jun Jun Jul-2019 Satisfaction of entrepreneurs/producers with assistance supported by SAE teams (Percentage, Custom) Value Date 01-Jul Oct-2019 Number of Haitian public servants that have satisfactorily completed the value chain Strategic Analysis Program (and completed 2 value chain diagnostics) (Number, Custom) 12/29/2016 Page 5 of 10

6 Value Date 30-Jun Nov-2019 Number of recommended laws, regulations, amendments, codes enacted or Government policies adopted (Number, Custom) Value Date 01-Nov Jun Jun Nov-2019 Secured transactions law revised and submitted to the Prime Minister's office (Text, Custom) Value Draft law requiring finalization Law revised but not formally submitted to Prime Minister's office Law revised but not formally submitted to Prime Minister's office Law submitted Date 01-Nov Jun Jun Nov-2019 Electronic moveable collateral registry (to secure loans) system available for use by MSMEs (Yes/No, Custom) Value N N N Y Date 11-Nov Jun Jun Nov-2019 Overall Comments Intermediate Results Indicators 12/29/2016 Page 6 of 10

7 Total investment (matching and firms' contributions) as a result of financed business improvement plans (Amount(USD), Custom) Value ,200, Date 29-Nov Nov-2019 Total investment (matching and firms' contributions) as a result of Matching Grants for Common Services (Amount(USD), Custom) Value ,000, Date 29-Nov Nov-2019 Number of participants in public consultations (Number, Custom) Value , , , Date 01-Dec Jun Jun Nov-2019 Percentage of MSMEs participating in public consultations (Percentage, Custom) Value Date 01-Jan Jun Jun Sep /29/2016 Page 7 of 10

8 Number of MSMEs given technical and managerial assistance by MCI SAE teams (Number, Custom) Value Date 01-Jul Jun Jun Nov-2019 Average number of hours of technical and managerial assistance received by MSMEs (Hours, Custom) Value Date 01-Oct Jun Jun Nov-2019 Satisfaction of entrepreneurs/producers with assistance supported by SAE teams (Percentage, Custom) Value Date 01-Jul Nov-2019 Number of Haitian public servants that have satisfactorily completed the Value Chain Strategic Analysis Program (and completed 2 value chain diagnostics) (Number, Custom) Value Date 01-Aug Apr /29/2016 Page 8 of 10

9 Number of recommended laws/regulations/amendments/codes enacted or Government policies adopted (Number, Custom) Value Date 02-Dec Nov-2019 Secured transactions law revised and submitted to the Prime Minister's office (Text, Custom) Value Not existent Law submitted Date 25-Apr Dec Dec May-2018 Electronic moveable collateral registry (to secure loans) system available for use by MSMEs (Yes/No, Custom) Value N N N Y Date 29-Nov Nov-2019 Overall Comments Data on Financial Performance Disbursements (by loan) Project Loan/Credit/TF Status Currency Original Revised Cancelled Disbursed Undisbursed Disbursed P IDA-H8650 Effective XDR % Key Dates (by loan) Project Loan/Credit/TF Status Approval Date Signing Date Effectiveness Date Orig. Closing Date Rev. Closing Date P IDA-H8650 Effective 21-May Jun Nov May Nov /29/2016 Page 9 of 10

10 Cumulative Disbursements Restructuring History Level 2 Approved on 12-Sep-2013,Level 2 Approved on 24-Dec-2015,Level 2 Approved on 02-Aug-2016 Related Project(s) There are no related projects. 12/29/2016 Page 10 of 10