PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

589787

Primary Business Area

Investment Climate

Disclosure Date

Apr 25, 2013

Country

India

Region

South Asia

IFC Approval Date

Feb 20, 2013

Status

Completed

Estimated Total Budget

$2,048,563.00
(Project budget includes all project-funded activities)

Last Updated Date

Apr 14, 2018

Project Estimated End Date

Feb 19, 2016

Project Description

The project aims to support the Government of Odisha's plans to diversify its investment base and catalyze private sector investment in strategic non-natural resource based sectors such as agribusiness, tourism and others.
Activities in agribusiness and tourism will include supporting the Government of Odisha in:
-Streamlining regulatory procedures and improving access to information for investors. Discussions with existing and potential investors and identification of specific licensing issues constraining the sectors and any other issues that may arise and support in the streamlining of these isses.
-Identification of marketable opportunities. In agribusiness, the team will conduct a sector scan to identify the promising subsectors and support the GoO in addressing upstream policy constraints and marketing the states strengths. In tourism, the team will support in identification of marketable investment opportunities and identify a shelf of bankable tourism projects, with potentially demonstrative impact in the state.
-Investment Facilitation: The team will support the GoO to identify investors for specific projects in agribusiness and tourism where the state enjoys a clear advantage and help the state convert investment intentions into real investments by conducting targeted market outreach, investor care and investor tracking.

Development Results