PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

600058

Primary Business Area

Sustainable Business Advisory

Disclosure Date

Apr 1, 2014

Country

Yemen, Republic of

Region

Middle East

IFC Approval Date

Dec 31, 2013

Status

Completed

Estimated Total Budget

$300,000.00
(Project budget includes all project-funded activities)

Last Updated Date

Jun 12, 2021

Project Estimated End Date

Jun 30, 2017

Project Description

1) Awareness raising events: Focus on more topical CG issues for SMEs across the market by organizing conferences for targeted audiences; family-owned enterprises and banks (directors/senior managers), and on how to make SMEs more attractive investment prospects. 2) Launch a local CG institute; Yemen Institute of Directors (YIOD) under Yemen Business Club (YBC) and help build capacity of its experts to ensure sustainability of CG training in Yemen. 3) Conduct in depth corporate governance assessments to demonstrate the benefits of CG by assisting SMEs to improve their CG practices. Engage local consultants in conducting company assessments to establish local expertise, which is accessible to the market at local rates.

Development Results

E&S Risks / Impacts and Mitigation