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Partners for Investment Promotion

Partners for Investment Promotion. Partnership Scheme Kick-off meeting Belgrade, 4-5 December 2008. The background - FDI in the Western Balkans. A growing market of over 150 mln consumers; close to EU, low labour costs, competent workforce… but…

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Partners for Investment Promotion

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  1. Partners for Investment Promotion Partnership Scheme Kick-off meeting Belgrade, 4-5 December 2008

  2. The background - FDI in the Western Balkans A growing market of over 150 mln consumers; close to EU, low labour costs, competent workforce… but… The gap btw potential & actual FDI goes as high as 82% in BA (2003 IMF study)

  3. Introduction • EUROCHAMBRES • Organisation & Objectives • Focus on Enlargement • CASE • EU-Turkey Chambers Forum • Partners for Investment Promotion

  4. Partners for IP - Overview • Project launched: May 2008 • Beneficiary countries: Albania, Bosnia and Herzegovina, Croatia, fYRoM, Montenegro, Serbia • Total budget: ca € 1 180 000 (CARDS 2005 Regional) • Duration: 18 months • Organisation: ECH (Leader) + 6 partners + EU & W.B. Chambers involved in the partnership scheme

  5. The precedent: PARTNERS (2004-2005) • Duration: 2 years • Budget: EUR 2.15 Mio • Results: • 700 Chamber staff trained • 2 studies on the state of regional competitiveness (2,000+ companies each year) • 15 Partnerships EU-W. Balkan Chambers • 25 scholarships for Eurochambres’ Academies • Excellent visibility!

  6. Partners for IP - Components • EU-Western Balkan Chamber partnerships (clusters) • Survey on FDI obstacles • EUROCHAMBRES Academies Participation

  7. I. Chamber partnerships • 8 clusters of EU and Western Balkan Chambers • Focusing on FDI-promotion areas (tourism, food & beverages, renewable energies…) • Duration: 10 months • Average budget: € 90 000 • Participation of relevant public authorities / local actors

  8. Partnerships - interest • 28 WB CCIs interested in participating • 36 EU CCIs interested in participating

  9. Partnerships - Overview

  10. Partnerships – Timeline • Beg. Nov. 08 ► confirmation & guidelines • Mid-end Nov. 08 ► inception visits & action plans • 4-5 Dec. 08 ► kick-off meeting • Dec. 08 ► partnership agreements (ECH + 1 EU CCI/partnership) • Dec. 08 – mid-Sep. 09 ► implementation of AP activities • Oct 09 ► final reports (tech. + fin’l) • Nov. 09 ► final event / presentation of results

  11. Partnerships – Eligible costs • Fees • Real salary costs • Co-financing • DSA • Forfeit base • Travel • Not local travel • Economy flight tickets • Office costs/consumables • Monthly contribution

  12. Partnerships – Financial rules (I) • EC financial rules apply • 1 EU CCI in charge of collecting & verifying all doc.s/invoices • Advance payment (ECH to 1 EU CCI) = 50% of requested grant • Balance settlement after EC final payment

  13. Partnerships – Financial rules (II) Requests for payment (1 EU CCI only): • Use rfp template prepared by ECH • Print it on the letterhead of your Chamber • CCI full bank account details

  14. Partnerships – Financial rules (III) Supporting doc.s: • Contract + annual salary sheet + other remuneration-related benefits + excel table to calculate daily salary costs • Hotel invoice • Travel agent invoice + boarding passes + ticket / mileage calculations • Administrative costs proof by accounting /office management dept.s

  15. Partnerships – Responsibility (I) • ECH: overall coordination, guidelines & templates, monitoring, liaison with the EC, … • National CCIs (LOs): country-specific coordination, collection & aggregation of FDI survey results • EU CCIs: 1 for budget & admin. management; all for best practice share • WB CCIs: activity implementation, event organization, liaison with local actors

  16. Partnerships – Responsibility (II) • ALL: • Respect the deadlines • Promote widely*

  17. * NOTA BENE on visibility Any notice/publication must specify that: • Partners for IP is a EUROCHAMBRES’ project • The project has received EU funding

  18. Reporting requirements • Interim report (techn. + fin’l) – Apr 09 • Final report – Oct 09 1 EU CCI to ECH

  19. II. Survey on FDI obstacles • Consultation of1,000companies in the beneficiary countries +1,000 companies in the EU  250/partnership, ca. 60/Chamber • Publication of a comprehensive report (how to improve the investment climate in the Western Balkans) • Provision of private sector input for OECD’s “Investment Reform Index” 2009

  20. Any doubts? Don’t be afraid to ask! EUROCHAMBRES Team Dirk Vantyghem (Project Director) Micol Martinelli (Project Manager) Marie Lèbre (Project Assistant)

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