SMI IV

closed

The objectives of the Fourth Small and Medium Industries Project, which complement previous and ongoing industrial and financial sector intermediation operations, are to: (a) make a further contribution to policy reform and institutional strengthening in the areas of trade policy administration and financial sector operations; and (b) provide credit through the banking system for long term, capital investment in eligible productive enterprises. Major elements of the project will be a credit component, onlent by the National Development Bank (NDB) to Participating Credit Institutions (PCI) for financing private sector capital investments; and a technical assistance component to fund: (a) project implementation support; (b) institutional development; and (c) policy and procedural development, particularly in the area of environmental management.