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8/9/2019 Reoi Strategy
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REQUEST FOR EXPRESSIONS OF INTEREST
(CONSULTING SERVICES)
REPUBLIC OF MOLDOVASector: Genera !n"#$tr% an" tra"e $ector
Pro&ect ID N#'er: P144103 E*re$$!on o+ !ntere$t: CEP-II/A/CS-17/1-CQS-02
Title of Assignment: Development of the Investment Attraction for Export Development Strategy 2016-2020
The Republic of Moldova has received financing from the International Development Association and theInternational Bank for Reconstruction and Development for implementation of the SecondCompetitiveness Enhancement ro!ect "CE II#$ The pro!ect%s development ob!ective "D is to increasethe e'port competitiveness of Moldovan enterprises and decrease the regulator( burden the( face$ ThisD& )ill be achieved through a set of measures that aim to* "i# improve the business environment throughregulator( reforms that reduce the cost of doing business+ "ii# help SMEs and e'porters to get access to
business development services+ and "iii# improve access to medium and long term finance for e'portoriented enterprises$
The pro!ect consists of the follo)ing three components*S'a an" Me"!#' Enter*r!$e De,eo*'ent Co'*onent
The ob!ective of the SME Development component is to strengthen Moldovan SMEs, linkages tomarkets and abilit( to compete in those markets through*
a Strengthening the institutional capacit( of &DIMM and MIE&- so that the( can pla( a moreeffective role in facilitating market.based SME gro)th and
! roviding matching grants to SMEs to implement business improvement pro!ects focused one'port competitiveness$
Acce$$ to F!nance Co'*onent
The ob!ective of the Access to /inance component is to improve access to medium and long.term financefor e'port.oriented enterprises- reduce barriers to finance due to perceived high credit risk in SMEfinance and high collateral re0uirements- and promote suitable models for value chain financing$
Re-#ator% Re+or' Co'*onent
The ob!ective of the Regulator( Reform component is to support the 1overnment in improving the business enabling environment in Moldova- and specificall( in implementing its regulator( reformstrategies over the ne't five (ears$ 2egislative efforts under Moldova,s regulator( polic( reform to datehave incorporated the principles of good regulation$ In that regard- the three phases of the guillotine
process stand out$ 1uillotine 3 served to eliminate unnecessar( central public authorities and governmentregulations$ 1uillotine 4 dealt )ith la)s- and laid out the ground rules for future progress in terms of improving the regulator( environment for business performance and economic gro)th$ It mandatedregulator( impact assessment "RIA# as the core of a more rational s(stem to develop polic( solutions to
perceived problems$ /inall(- 1uillotine 4 5 did to 6permissive acts78permits and authori9ations8)hat1uillotine 3 did to regulations$
A ke( challenge facing the 1overnment of Moldova "61overnment7# is the need to promote economicgro)th and !ob creation based on robust private sector activit(- e'ports and enhanced investment$ In thisregard- an improved business environment is essential for stimulating sustained private sector gro)th andconse0uentl( a favorable business climate for local and foreign investors$ The core instruments to reachthese priorities are efficient policies of investment attraction and e'port development$ The sustainableeconomic gro)th of the countr( is possible onl( b( the implementation of coordinated and pro.active
incentive policies in the field of e'port development and investment activit($In accordance )ith its development agenda- the 1overnment )ants to steer the econom( to)ardse'port.oriented production activities and better e'ploit the countr(,s potential as a natural transit point
bet)een the East and :est$ /oreign direct investments "/DI# pla( a pivotal role in successful e'port.led
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8/9/2019 Reoi Strategy
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gro)th$ /rom this derives a ma!or ob!ective for national economic policies- to improve the countr(,sattractiveness for /DI$
/DI can be instrumental in achieving the economic paradigm shift to)ards productive investments ande'ports- articulated as )ell in the Moldova 4;4; strateg($ It can contribute to the re0uiredcompetitiveness boost b( developing skills and infrastructure- as )ell as opening ne) markets for Moldovan goods and services$ In its transition to)ards a market econom(- the Republic of Moldova has
opened up to foreign direct investment- but has so far attracted a rather limited amount of it$ More /DI)ould be beneficial to the countr( b( contributing to the e'pansion of the economic base and to gro)ththat relies less on remittances$
:ithin this frame)ork- the 1overnment of Moldova is seeking the services of an e'perienced ConsultingCompan(- to support the 1overnment of Moldova in assessing the implementation of the e'istingInvestment Attraction and E'port romotion Strateg( 4;;
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>$ Define the final draft of the ne) Strateg( of Investment Attraction for E'port Development4;3