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Public Benefits of Wholesale Markets. Public Benefits of Wholesale Markets. Market Transparency, Competition and Efficiency Food Safety Farmers’ Access to Markets. Market Transparency, Competition and Efficiency. Food Safety. Farmers’ Access to Markets. Ownership & Management Models.
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Public Benefits of Wholesale Markets • Market Transparency, Competition and Efficiency • Food Safety • Farmers’ Access to Markets
Ownership & Management Models • Municipal • Corporate • Concession/Lease Agreement
Model 1 - Municipal Ownership Management Municipality Market Department
Model 2 – Public/Private Market Company Public (Municipality Oblast, State) Private (Investors) Private (Market Users) Ownership (Assets) Management (Market)
Model 3 – Public/PrivateAsset Management Company & Market Operations Company Market Operations Management Company • Asset Management • Company • Public? • (State, Oblast, • Municipality?) • Private? Concessions Lease Agreement OWNS ASSETS OPERATES MARKET/PAYS RENT
Financing Modalities • in-kind (land?) • grant • equity • loan
Financing Modalities conditions to be defined ! loan ? grant? in kind (land?) equity? loan World Bank State Market Company Other public entities (oblast, municipality, etc) in kind (land?) equity? Private investors equity?
Stick? “Exclusion Zones” Minimum Requirements Existing Regulations Carrot? Good Services Attractive Fees Relocation of trading activity
Masterplan for investment • Rational Use of Public Money • Prerequisites for Investment
Conclusions & next steps in project preparation • Project Preparation Facility • Masterplan • Feasibility studies and business plans
Working Group • Confirm Willingness to Participate • Share Reactions and Thoughts with Working Group • Consult/Read material • Identify and contact leading sponsors/investors