NORAD PRIVATE SECTOR DEVELOPMENT INSTRUMENTS

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Presentation transcript:

NORAD PRIVATE SECTOR DEVELOPMENT INSTRUMENTS Oslo 22.05.2012 Jan Eriksen

INSTRUMENTS FOR PRIVATE SECTOR DEVELOPMENT (PSD) INVESTMENT AND TRADE MIXED CREDITS – to be phased out MULTILATERAL AND INSTITUTIONAL SUPPORT

INSTRUMENTS FOR PSD – OBJECTIVES REDUCING POVERTY BY ECONOMIC AND SOCIAL GROWTH DEVELOP NATIONAL COMPETENCE AND STIMULATE PRIVATE SECTOR TRANSFER OF COMPETENCE AND CAPITAL CREATION OF VALUE USE OF LOCAL RESOURCES

INSTRUMENTS – INVESTMENT & TRADE FEASIBILITY STUDIES PREINVESTMENT STUDIES PILOT PROJECTS TEST PRODUCTION In principle untied, vast majority are Norwegian companies

INSTRUMENTS – INVESTMENT & TRADE TRAINING OF LOCAL EMPOLYEES - INCL. ORGANISATONAL AND MANAGEMENT SUPPORT ENVIRONMENT PROTECTION AS PART OF INVESTMENT

INSTRUMENTS – INVESTMENT & TRADE BASED ON APPLICATION FROM COMPANIES/INSTITUTIONS PROJECTS APPLIED FOR CONSIDERED TO BE VIABLE COMPANIES MUST BE: FINANCIALLY; TECHNICALLY; and ADMINISTRATIVELY CAPABLE TO IMPLEMENT THE PROJECT Min Turnover USD 1.5 mill.

Priority sectors Renewable energy and other climate projects Environmental technology Agribusiness and forestry The marine sector The maritime sector

INSTRUMENTS - INSTITUTIONAL SUPPORT STRENGHTEN FRAMEWORK CONDITIONS FOR PRIVATE SECTOR INSTITUTIONAL DEVELOPMENT AND COOPERATION Several projects in collaboration with UNIDO, ILO and REGIONAL ORGANISATIONS

Contact regarding support for business investment: Information Office for Private Sector Development (Veiledningskontoret) post@veiledningskontoret.no

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