commerce business investement

Building a New Haiti: Commerce, Business and InvestmentJune 9-11, 2010, Port-au-Prince : 

Building a New Haiti: Commerce, Business and InvestmentJune 9-11, 2010, Port-au-Prince Alexandre Abrantes Special Envoy of the World Bank

Haiti is a priority : 

Haiti is a priority Haiti is a priority for the World Bank $211 million grant for earthquake response $115 m from IDA, $36 m from Trust Funds, $60 m from IFC $65 m for emergency project $12 m additional finance for education $15 m additional finance for CDD $ 30 m for budget support $35 million IFC of private sector investments $39 m of debt relief

Haiti is a priority : 

Haiti is a priority Program priorities rebuilding government infrastructure and capacity education: school reconstruction and meals community driven development core infrastructure housing agriculture banking guarantee fund Through additional financing and restructuring of 14 project portfolio, and some new projects

IHRC and the Haiti Reconstruction Fund : 

IHRC and the Haiti Reconstruction Fund WB will administer the HRF/MDTF at the Gov’s request Greater aid effectiveness through pooling of resources and single locus for interaction with Government HRF will likely channel $300-500 million Brazil was the first donor to contribute: $55 million. Canada, Norway, Colombia about to join

IHRC and the Haiti Reconstruction Fund : 

IHRC and the Haiti Reconstruction Fund HRF Steering Committee chaired by Gov Representatives from UN, IDB, WB, Donors, & Trustee Approval process: Implementing Agency (Gov, UN Agency, NGO, Private Sector) works with Partner Entity (ID, UN, WB) on proposal concept IHRC endorses the proposal SC funds Partner to develop proposal concept if necessary SC reviews full proposal again in case of significant changes SC allocates resources to Partner to finance the proposal Providers of goods and services are contracted under the project by the Partner Entity

Haiti Reconstruction Fund : 

Haiti Reconstruction Fund NGOs can receive financing and be observers at SC Tracking and transparency mechanisms: HRF funds will flow through Partner Entities HRF will post all relevant information on its public website Partners are accountable to the SC Aid tracking is being done by UN Special Envoy and Gov

Private Sector Development : 

Private Sector Development Special economic zones and growth poles. Land titling for industry Cost competitive analysis of garment sector South-South Exchanges: Brazil, South Korea IFC loans, equity and advisory services: Increase access to finance for SME Strategic study on the port sector Supporting the Private Sector Forum reform agenda Business licensing processes and trade logistics Enhancing labor standards (with ILO)

Business Environment : 

Business Environment Haiti ranked 29/32 in the region in Doing Business 2010 Doing Business Reform Advisory Program 2008 Key constraints post-earthquake: Starting a business Construction permits Access to credit Trade logistics Long-term reform WB and IFC are ready to provide further assistance

Thank You : 

Thank You Alexandre Abrantes Special Envoy of the World Bank (509) 3798-0880 aabrantes@worldbank.org