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Project
Support Foreign Trade and Private Investment Project in Nicaragua
Inter-American Development Bank
Status: Current
General Information
- Opportunity Type:
- Consulting
Project Summary
Researcher’s Note:
This project was formally “Management and Improvement of Foreign Trade Project in Nicaragua”.
The main objective of the Management and Improvement of Foreign Trade Project in Nicaragua is to contribute to the use of commercial opportunities through the strengthening of management capacity of foreign trade and export and investment promotion. The four major components of the project are: -Strengthen management capacity in administration of agreements and export negotiations; -Enhance technical capacity in export and investment promotion; -Encourage small and medium business exporters; and -Design and implement a strategy of circulation, participation and consultation. The total cost of the project is US$ 6.5 million, out of which the Inter-American Development Bank will provide US$ 5 million.
UPDATE:
24 February 2010
Mr. Jaime Granados, the IDB Team Leader, said that the list of procurement staff has yet to be released but will be ready in two months. The reason for this is that the project has just been approved by the National Assembly and IDB is waiting for the Government of Nicaragua to include the activities into the national budget for execution. It is estimated that this will be operational by mid-2010.
26 November 2009
This operation was approved by the Board in 23 November 2009. The estimated total cost of the project is now 10.437 million.
15 September 2009
The estimated total cost of the project is now US$ 10 million. IDB is expected to finance the project through an Investment Loan.
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Project Keywords
- information and communication technologies information technology investment and privatization investment promotion management information systems micro and small enterprise performance measurement/monitoring/evaluation private sector development project management small business development trade trade policy trade promotion and facilitation trade promotion (import/export) institutional development capacity building
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