PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

602150

Primary Business Area

Trade and Competitiveness

Disclosure Date

Dec 6, 2017

Country

Latin America and the Caribbean Region

Region

Latin America and the Caribbean

IFC Approval Date

May 2, 2017

Status

Completed

Estimated Total Budget

$257,872.00
(Project budget includes all project-funded activities)

Last Updated Date

Jun 12, 2021

Project Estimated Start Date

Apr 24, 2017

Project Estimated End Date

Jun 30, 2018

Project Description

The project is intended to facilitate a dialogue on increasing the flow of investment among PA members based on expertise, data analysis, and knowledge sharing. The WBG will work with the Working Group of Services and Capital of the Pacific Alliance to establish a regional mechanism to coordinate efforts for identifying and eliminating investment barriers, quantifying the generation and expansion of intra-regional investment resulting from these efforts, and carrying out dissemination and learning events about regional and international best practices to facilitate and retain Foreign Direct Investment (FDI), in three phases: Phase I: Mapping of FDI in the Pacific Alliance to identify the amounts and the main patterns of FDI flows in the region, as well as major investors. Phase II: Identification of main legal or de facto barriers to intraregional investment in each member country and creation of regional and national action plans. Phase III: Monitoring and impact assessment of the implementation action plans and consolidation of the regional mechanism for investment facilitation.

Development Results