Finance, Investment & Trade (FIT) Overview
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Mobilizing private sector capital, resources and knowledge to catalyze and sustain economic growth.
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Finance, Investment & Trade (FIT) Overview
- 1. Finance, Investment & Trade (FIT) Mobilizing private sector capital, resources and knowledge to catalyze and sustain economic growth
- 2. Finance, Investment and Trade Practice (FIT) What we do: • Mobilize capital, resources and knowledge to unlock private sector investment and catalyze sustained economic growth • Leads MCC’s private sector engagement • Advises on private sector issues • Catalyzes and tracks private investment in and around MCC compacts • Provides technical leadership on projects 2 Catalyzing the private sector for development is fundamental to MCC’s work and helps ensure long-term sustainability of its investments.
- 3. Engaging the Private Sector Compact Development and Implementation Process Compact development – IOA, pvt sector canvassing Project design implementation – grant facility Projects Policy reform Private enterprise financing Financial sector development Participation in public service provision PPPs, co-investments, parallel investments Procurements Promoting procurements for sustainable design and implementation of compact projects 3
- 4. FIT’s Core Areas • Public-Private Partnerships • Grant Facilities • Parallel Financing • Co-Investments Financing Structures and Project Preparation • Market Intelligence and Analysis • Investment and Business Climate Review • Financial Sector Survey • Policy and Regulatory Reforms Identification • Technical Assistance in Project Design Advisory Services, Expertise and Commercial Acumen • Engage and Leverage private sector • Forge Partnerships • Build Capacity Relationship Management and Networking 4
- 5. MCC Compact Activities Assets & Products Count: 49 Compact: $1,925,593,180 Technical Assistance & Training Count: 30 Compact: $222,587,475 Institutional & Policy Reforms Count: 32 Compact: $221,494,340 PrivateSectorDevelopmentSegment SME / Corporate Sector Development Count: 40 Compact: $787,436,816 Investing in business expansion and/or start-up support for businesses Count:21 Compact: $660,131,446 Capacity building and technical assistance to enterprises Count: 11 Compact: $90,549,466 Improving legal systems, informing policy reform and deepening the enabling environment for private sector growth Count: 8 Compact: $36,755,904 Financial Sector Development Count: 27 Compact: $189,814,075 Improving financial products and services Count: 10 Compact: $118,145,326 Increasing the capacity of financial markets and institutions Count: 7 Compact: $30,988,133 Support for policy reforms and strengthening financial systems Count: 10 Compact: $40,680,616 Private Sector Participation (PSP) in Public Sector Services Count: 22 Compact: $925,710,670 Investing in capital assets using a spectrum of PSP modalities and increasing the availability of long- term funding for infrastructure Count: 13 Compact: $823,336,496 Strengthening the capacity of governments to execute and manage PPP contracts post-closure Count: 8 Compact: $90,974,173 Improving the enabling environment for PSP Count: 1 Compact: $11,400,000 Public Sector Management and Governance Count: 22 Compact: $466,713,434 Improving the physical plant and assets of public sector institutions and parastatals Count: 5 Compact: $323,979,912 Capacity building for public sector functions Count: 4 Compact: $10,075,702 Improving the business enabling environment Count: 13 Compact: $132,657,821 FIT Impact Matrix
Editor's Notes
- FIT catalyzes private investment in and around projects that MCC funds by helping MCA’s to identify and structure: Public private partnerships (i.e., help the government to use private capital to finance and manage the provision of public services – e.g., roads, airports, electricity, water supply); Co-investment opportunities (i.e., help the government to identify and structure projects in which the government, MCC and private enterprise have overlapping interests and in which the government and private enterprise both invest – e.g., where MCC and a company invest in a vocational education project to train workers in technical areas that the market most needs); Parallel financing opportunities (i.e., help the government to attract private investment around MCC investments which are separate but parallel and complementary to the MCC-funded project - e.g., MCC invests in public health clinics and Merck uses such clinics to distribute free immunizations for at-risk groups); Regulatory reform (i.e., help the government to identify regulations and procedures that restrict trade and investment and to improve the same in order to reduce commercial risk and facilitate more trade and investment); Capacity building (i.e., help strengthen weak government capacity in order to better support investment and trade)