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ΕΠΙΧΕΙΡΗΜΑΤΙΚΟ FORUM BLACK SEA BRIDGE (30 MAIOY 2013)

Business opportunities from IFI-financed projects (World Bank, Millennium Challenge Corporation, EU, BSTDB EBRD) Briefing-Networking

11/04/13 19:54

 

Black Sea Bridge

Business opportunities from IFI-financed projects (World Bank, Millennium Challenge Corporation, EU, BSTDB EBRD) Briefing-Networking
organized by the Thessaloniki Chamber of Commerce and Industry with the support of  UNDP/BSTIP (Black Sea Trade and Investment Promotion Programme) and the PSLO network of the World Bank Group in:


Thessaloniki - Greece: Thursday May 30, 2013, Thessaloniki Chamber of Commerce and Industry



The International Finance Institutions (IFI)  are particularly interesting to the private sector companies for their procurement program. In 2011 the value of the WB-financed projects alone exceeded $45 bn. Each year an average of $25 billion worth of contracts are awarded through competitive bidding to private sector companies worldwide.

Borrowing countries utilize IFI funds to purchase goods and equipment, carry out civil works and purchase consultant services required for the implementation of development projects. Each project may involve many separate contracts and business opportunities for suppliers, contractors and consultants worldwide. Contracts range in size from several hundred million dollars (for major infrastructure or industrial plants) to a few thousand dollars (for suppliers of goods and services). Contracts are awarded, with few exceptions, through competitive procedures detailed in the IFIs’ procurement guidelines. Large and small companies can benefit from the business generated by IFI lending. Some 90% of contracts awarded are below $ 1million in value and 60% are below 500.000 dollars. Contracts refer to the supply of goods and equipment up to 63%, construction of works, 20% and consultant services, 17%.

The successful participation in the IFI procurement programs is a good opportunity for the development of any company due to the credibility of these institutions and the fact that through the procurement procedures SMEs will gain experience from operating in a very competitive international environment as well as the prestige that the award of an IFI-financed contract implies.


Objective

The forum is designed for representatives of consulting firms (business consultants, education-training consultants, legal consultants, IT consultants, architects, engineers etc) that are primarily interested in learning how they can win contracts in IFI-financed projects. The forum is designed both for companies that have some experience but need to deepen their knowledge.

Since the selection of a local partner is very important in the context of procurement when the bidding company is based outside the recipient country, participants will be given the opportunity to form synergies with partners in other countries.

In the first part the forum aims to familiarize such companies with the IFIs procurement procedures, to give practical advice and point out mistakes that should be avoided.

In the second part the forum will offer participants the chance to find partners and form synergies with companies in neighbouring countries, thus increasing their effectiveness abroad as well as to discuss their particular needs or problems they face with IFI procurement specialist.

 
Time and venue


The forum will take place on:

Thursday May 30, 2013, at the Thessaloniki Chamber of Commerce and Industry,  29 Tsimiski st., 2nd floor.

Organizers

The forum is organized by the Thessaloniki Chamber of Commerce and Industry, which hosts the Private Sector Liaison Office (PSLO) to the World Bank in Greece, with the support of  UNDP/BSTIP (Black Sea Trade and Investment Promotion Programme) and the PSLO network of the World Bank Group.


Language

English is the working language of the Forum.


Networking

During the day participants will be offered a lot of opportunities to ask questions and to interact with the representatives of IFIs.


Registration & deadline

Due to the expected large participation interest and the limited number of participants (35), applications will be treated on the First-Come-First-Served basis. Interested parties must fill the attached participation form and send it by fax to +302310370136 or e-mail theo@ebeth.gr by May 28, 2013.


Additional information can be obtained from the Private Sector Liaison Office tel. +302310370120 and +302310370132 (fax +302310370136).

 

 

 

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