PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

601367

Primary Business Area

Trade and Competitiveness

Disclosure Date

Jun 12, 2017

Country

Guinea

Region

Africa

IFC Approval Date

May 21, 2016

Status

Completed

Estimated Total Budget

$1,923,001.00
(Project budget includes all project-funded activities)

Last Updated Date

Jun 17, 2022

Project Estimated Start Date

May 1, 2016

Project Estimated End Date

Mar 31, 2020

Project Description

The project has 3 main intervention areas: 1) The establishment of a mining licensing one stop shop and of an informational portal to support its activities. This activity includes: 1.1. the development and update of an information portal for mining licenses. The portal will provide information about the licenses and inspection requirements, based on the recently completed inventory and subsequent validation with private and public sectors. The portal will be housed in the Mining Licensing OSS called Secretariat Permanent). and 1.2. the establishment of OSS with Appointed Case Workers who handle the applications on behalf of the large mining investors to be the direct interface between investors and the relevant licensing authorities to obtain all the necessary licenses and permits. 2) Licensing Reforms While the Appointed Case Worker Scheme provides a short-term solution, the Government is committed to implement more fundamental reform to improve the investment climate. For this, a full licensing reform is necessary to streamline processes and institutional/regulatory framework. 3) Local content development support The project will support the drafting and dissemination of local content policy for the mining sector. This phase will assist the Ministry of Mines and other key stakeholders, such as APIP, the Ministry of Industry, the Ministry of Labor and Professional Training, the LCWG, and mining operators with elaborating a strategic plan and implementing the policy.

Development Results

E&S Risks / Impacts and Mitigation