Taj CEP

active

The Project will deploy a structured approach to combine specific sectorial support by addressing the selected business environment issues. The Project will enable a coordinated reform effort to bring change and create markets. Component 1. Enhancing competitiveness in tourism and textile sectors and facilitating investments. This component will focus on enhancing competitiveness in the tourism and textile sectors, and address the challenges the private sector faces through; (i) Regulatory reforms to remove high entry barriers and reduce regulatory constraints along selected sectors. (ii) Enable/increase market access in tourism, and (iii) Effective investment outreach to bring investors (in the tourism and textile sectors). In the Tourism Sector, the Project will focus on: 1. Removing high entry regulatory barriers. Inconsistent and burdensome permit/licensing, excessive inspections, coupled with uncoordinated and overlapping legislation within the tourism sector, provide unnecessary burdens on the day-to-day operations of the tourism operators and agencies, airline companies, hotels and so on, that form the backbone of tourism activity. 2. Enabling better market access. 3. Investment outreach and better investor servicing. In the Textile sector, the Project will support the Ministry of Industry and New Technologies, State Investment Committee and sector players in removing the high regulatory burden for private sector. 1. Removing regulatory burdens. 2. Investment Outreach and Better Investor Servicing subcomponent of the Textile component. Component 2. Economy-wide reforms The work under this Component will be organized around consolidating and reducing Inspections and introducing an E-business portal (linking E-Registry, E-permit and the Inspection Information Management System into one portal).