Public Benefits of Wholesale Markets
1.Market Transparency, Competition and Efficiency 2.Food Safety 3.Farmers’ Access to Markets
Market Transparency, Competition and Efficiency
Food Safety
Farmers’ Access to Markets
Ownership & Management Models Municipal Corporate Concession/Lease Agreement
Model 1 - Municipal OwnershipManagement Municipality Market Department
Model 2 – Public/Private Market Company Public (Municipality Oblast, State) Private (Market Users) Private (Investors) Ownership (Assets) Management (Market)
Model 3 – Public/Private Asset Management Company & Market Operations Company Asset Management Company Public? (State, Oblast, Municipality?) Private? Market Operations Management Company Concessions Lease Agreement OWNS ASSETSOPERATES MARKET/PAYS RENT
Financing Modalities 1.in-kind (land?) 2.grant 3.equity 4.loan
Financing Modalities World Bank Market Company State Other public entities (oblast, municipality, etc) Private investors loan loan ? grant? in kind (land?) equity? in kind (land?) equity? conditions to be defined !
Relocation of trading activity Stick? “Exclusion Zones” Minimum Requirements Existing Regulations Carrot? Good Services Attractive Fees
Masterplan for investment Rational Use of Public Money Prerequisites for Investment
Conclusions & next steps in project preparation 1.Project Preparation Facility 2.Masterplan 3.Feasibility studies and business plans
Working Group 1.Confirm Willingness to Participate 2.Share Reactions and Thoughts with Working Group 3.Consult/Read material 4.Identify and contact leading sponsors/investors