CG Project Dominican Republic

completed

IFC will provide various corporate governance services with the aim of improving practices in D.R. companies and strengthening the overall enabling environment. IFC will build the capacity of certain partner institutions to deliver corporate governance services in their markets. DRCGP will deliver training/capacity-building initiatives to partner institutions, based on IFC's Corporate Governance Methodology, according to their needs and capacity. Such training is expected to include Training- of- Trainers and the development of sustainable director training institutions. IFC will work at the firm level to improve corporate governance practices of companies in the DR to assist such companies improve performance and access to capital through the implementation of corporate governance recommendations, through the delivery of oneto- one consulting work, as well as the delivery of training events and workshops. IFC will also, on a more limited basis, support the development of the corporate governance enabling/regulatory environment. The Project will aim to introduce corporate governance components into regulation, develop/update and improve Corporate Governance Codes and help strengthen the regulators' in-house capacity. IFC will also engage, in selected events in the country, in awareness raising events to disseminate the benefits of good CG practices.