PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

577647

Primary Business Area

Investment Climate

Disclosure Date

Dec 29, 2011

Country

Liberia

Region

Africa

IFC Approval Date

Jul 12, 2011

Status

Active

Estimated Total Budget

$2,968,500.00
(Project budget includes all project-funded activities)

Last Updated Date

Nov 30, 2016

Project Estimated Start Date

Jun 27, 2011

Project Description

The project builds on the work of the first two phases to continue with the reform agenda for Liberia. The overall goal is to improve the business environment through strategic reforms. Specific objectives include: 1) reducing the time required for business registration by 40 percent (by June 2013); 2) attracting additional private sector investment in target sectors by increasing the investment pipeline by 100 percent (within three years of project completion); completing the regulatory and institutional framework for development of a Special Economic Zone (within one year of project completion); introducing at least five reforms and implementing at least three Doing Business reforms (during the project); and 5) improving the business environment for tax administration by easing tax compliance time by 15 percent (within three years of project completion).