Investment Climate Reform Project

completed

The team will build on the success of the Agri Investment Climate Project (#584508), which built good working relations with key government agencies as well as national and industry associations. The project also built strong reputation of being a reliable and credible expert in the areas of policy and law making and a one-stop-shop of global knowledge and best practice of regulations. This was demonstrated by repeat requests of project advice and guidance and technical support from both public and private sector stakeholders. The inclusive and consultative implementation approach that fostered public-private dialogue on various issues (either by leading or supporting, contributing to and participating in initiatives led by others) enabled the project to achieve results while increasing trust of key players in both projects impartiality and high level expert advice on subject matters. The project will include relevant private and public stakeholders in its strategy, which proved to be efficient in identifying interested parties and especially those which need continuous attention and a deeper focus from our side, e.g. members of the parliament, who are the ultimate decision makers in most cases of proposed reform legislation. The above activities will be closely coordinated with SIDA financed Ukraine Financial Sector and Enterprise Recovery Project (P150731). These activities (in the area licenses and permits, which complements Component 1) are aimed at supporting broader deregulation reform efforts undertaken as part of preparation of the WBs Fostering Competitiveness for Growth and Jobs Project. The Ukraine Financial Sector and Enterprise Recovery Project supports also the reform of Regulatory Impact Assessment (RIA). In this area, the project will assist in RIA implementation by providing performing it for policy measures, proposed by the Project. This would serve also as a capacity building tool for the client. The project will consist of three interconnected components addressing: 1) Business regulations 2) Agribusiness markets, including food safety 3) Trade facilitation and logistics related to river and sea port transportation