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NORAD PRIVATE SECTOR DEVELOPMENT INSTRUMENTS. Oslo 22.05.2012 Jan Eriksen. INSTRUMENTS FOR PRIVATE SECTOR DEVELOPMENT (PSD). INVESTMENT AND TRADE MIXED CREDITS – to be phased out MULTILATERAL AND INSTITUTIONAL SUPPORT . INSTRUMENTS FOR PSD – OBJECTIVES.
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NORADPRIVATE SECTOR DEVELOPMENTINSTRUMENTS Oslo 22.05.2012 Jan Eriksen
INSTRUMENTS FOR PRIVATE SECTOR DEVELOPMENT (PSD) INVESTMENT AND TRADE MIXED CREDITS – to be phased out MULTILATERAL AND INSTITUTIONAL SUPPORT
INSTRUMENTS FOR PSD – OBJECTIVES REDUCING POVERTY BY ECONOMIC AND SOCIAL GROWTH • DEVELOP NATIONAL COMPETENCE AND STIMULATE PRIVATE SECTOR • TRANSFER OF COMPETENCE AND CAPITAL • CREATION OF VALUE • USE OF LOCAL RESOURCES
INSTRUMENTS – INVESTMENT & TRADE FEASIBILITY STUDIES • PREINVESTMENT STUDIES • PILOT PROJECTS • TEST PRODUCTION In principle untied, vast majority are Norwegian companies
INSTRUMENTS – INVESTMENT & TRADE TRAINING OF LOCAL EMPOLYEES - INCL. ORGANISATONAL AND MANAGEMENT SUPPORT ENVIRONMENT PROTECTION AS PART OF INVESTMENT
INSTRUMENTS – INVESTMENT & TRADE BASED ON APPLICATION FROM COMPANIES/INSTITUTIONS PROJECTS APPLIED FOR CONSIDERED TO BE VIABLE COMPANIES MUST BE: • FINANCIALLY; • TECHNICALLY; and • ADMINISTRATIVELY CAPABLE TO IMPLEMENT THE PROJECT Min Turnover USD 1.5 mill.
Priority sectors • Renewable energy and other climate projects • Environmental technology • Agribusiness and forestry • The marine sector • The maritime sector
INSTRUMENTS - INSTITUTIONAL SUPPORT STRENGHTEN FRAMEWORK CONDITIONS FOR PRIVATE SECTOR INSTITUTIONAL DEVELOPMENT AND COOPERATION Several projects in collaboration with UNIDO, ILO and REGIONAL ORGANISATIONS
Contact regarding support for business investment: • Information Office for Private Sector Development (Veiledningskontoret) • post@veiledningskontoret.no