PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

596167

Primary Business Area

Investment Climate

Disclosure Date

Dec 17, 2012

Country

Colombia

Region

Latin America and the Caribbean

IFC Approval Date

Oct 18, 2012

Status

Completed

Estimated Total Budget

$860,000.00
(Project budget includes all project-funded activities)

Last Updated Date

Feb 26, 2017

Project Estimated End Date

Sep 30, 2013

Project Description

The project - Doing Business in Colombia 2013 - will update the results in the cities previously benchmarked and will track their improvements over time in the areas of starting a business, registering property, dealing with construction permits, paying taxes and trading across borders by focusing on the major Colombian ports (Barranquilla, Buenaventura, Cartagena and Santa Martha). This is in addition to establishing a baseline for future benchmarking in two additional cities. The first sub national Doing Business study in Colombia started on March 2007 by comparing twelve Colombian cities (other than Bogota) in five key areas of business regulations: starting a business, registering property, enforcing contracts, paying taxes and trading across borders. The second study in 2009 expanded the benchmark to 21 Colombian cities, in addition to introducing the indicator of dealing with construction permits. Main activities under the project are: 1. Presentation of the project before national, department and municipal authorities ("kick off" meeting). 2. Data collection and analysis. 3. Consultation meetings and reform dialogue. 4. Preparation of Doing Business indicators and report. 5. Launch event and dissemination of results. Sub national Doing Business reports use the Doing Business methodology to go beyond the largest business cities to capture differences in business regulations and their enforcement across locations in a single country or region.

Development Results