22 Jan 2014

End of Project Evaluation (Deadline: 14 February, 2014)

Aside from Caribbean micro-states, Belize was as of 2009, the fourth most open economy in Latin America and the Caribbean. Belize’s population is small (313,000 inhabitants), which limits the size of the domestic market and potential economies of scale. The economy depends strongly on trade with the world economy, both as market for domestic production and as a source of the wide range of products that would be costly or impossible to produce domestically.

In 1997, with the support of the Caribbean Export Development Agency (CEDA), the Trade and Investment Promotion Service (TIPS) was established in 1997. This institution was mandated to be the focal point for all trade and investment information and facilitation services. In March 1997 the scope of TIPS was broadened to serve as a “one stop shop” for local and foreign investors. In the year 2000, TIPS changed its name to Belize Trade and Investment Development Services (BELTRAIDE).

BELTRAIDE’s functions include a number of responsibilities for export promotion, investment attraction and SME development. BELTRAIDE has not been able to proactively promote investments in key high growth sectors because of resource constraints. In 2009, BELTRAIDE initiated an Organizational Evaluation to assess and benchmark the organization against similar Investment and Trade Promotion Organizations in the region. This assessment constituted a starting point for analysing the institution, presented a detailed organizational analysis, including recommendations for improving strategic leadership, financial management, human resources management and development, monitoring and evaluation, Information Technology (IT) services, organizational communications, among others. However, the assessment lacked an implementation plan, and a solid analysis and recommendations on the operation of its three main functional areas (export promotion, investment attraction, and SME development) and comparisons to regional and international best practices.

The Government of Belize entered into a Technical Cooperation Agreement with the Inter-American Development Bank under the Compete Caribbean Program1 to refocus BELTRAIDE’s investment attraction efforts towards key sectors that will drive economic growth in the country. The value of this TC is $325,000 and it is to be executed within 24 month and disbursed within 30 months. The project is executed by the Compete Caribbean Project Coordinating Unit (PCU) located in Barbados.

Implementation of project activities is coordinated by BELTRAIDE in Belize with the support of the IDB Country Office in Belize. The agreement was signed on the 5th December 2011 with execution and disbursement deadlines of December 4th 2013 and June 4th 2014, respectively. Subsequently, the project’s execution deadline was extended for 3 months to facilitate the programming of savings that were realised during the execution of the project.

Consultancy Objectives

In keeping with the Plan of Operations for BL-CC2005, an independent end of project evaluation is to be conducted three months after project execution or on disbursement of 95% of Compete Caribbean’s funds, whichever comes first.

The objective of this consultancy is to conduct an End of Project Evaluation and prepare the report. The End of Project Evaluation will examine and assess the performance of the project, and take into consideration the project’s relevance, effectiveness, efficiency and sustainability; and identify lessons learned during project execution.

Download Terms of Reference

Terms of Reference: Compete_Caribbean-RG-X1044-BL-CC2005

Correspondence

All correspondences must be delivered to the address below by mail, fax, or e-mail by Friday, 14th February, 2014.

Attn:
Mr. Wayne Elliott
Project Development Officer
Business Climate Reform
The Compete Caribbean Program
Inter-American Development Bank
“Hythe”, Welches
Maxwell Main Road
Christ Church
Barbados
Tel: 246-627-8521
Fax: 246-629-8869
E-mail: waynee@iadb.org copied to competecaribbean@iadb.org

http://www.competecaribbean.org/news/end-of-project-evaluation-strengthening-the-institutional-architecture-for-investment-attraction-in-belize

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