Project Description
The Kosovo Investment Climate Project will aim to improve the country's investment climate by reducing administrative barriers for investors and reducing the burden for businesses at the central level and at the local level in four municipalities. This will lead to compliance cost savings for businesses and increased levels of FDI inflows. The project has two/three components:
The Business Regulation component will support the preparation of a Strategy for Regulatory Reform by supporting the regulatory simplification; creating a national and sub-national e-registers of permits and licenses and by supporting the government to set up a Regulatory Quality Unit and a Regulatory Impact Assessment system.
The Investment Policy component will support the development and implementation of an Investment Reform Map; review of the regime of fiscal and non-fiscal incentives for investors, and support with selected reforms to streamline the legal framework for investors as well as strengthen investor protection.
The Agribusiness component will review the existing priorities and donor projects in the first year of project operation and identify if there is a gap in coverage and assistance provided.