Interactive Workshop on 'Business Opportunities in World Bank Funded Projects'
Venue: Rooftop Rendezvous, Hotel Taj Mahal Palace (Apollo Bunder), Colaba, Mumbai 400001
Date: November 13, 2017
The World Bank (WB), through loans, grants, and technical assistance, supports projects encompassing various sectors, across the world, especially in developing countries. Projects funded by the World Bank present attractive business opportunities for turnkey contractors, suppliers, construction firms, and consultants. The World Bank’s procurement system has a portfolio of about USD 42 billion over 1800 projects in 172 countries, and has an active project portfolio worth about US$80 Billion in total. Indian companies have been participating in the bids of the World Bank procurement and have been reasonably successful. The World Bank now has a new procurement framework with effect from July 2016, which is more business friendly and takes in to account feedback received from stakeholders including vendors.
Export-Import Bank of India (Exim Bank), an apex financial institution fully owned by the Government of India, is engaged in financing, facilitating and promoting India’s international trade and investment. As a part of its activities, the Bank organizes a number of focused workshops/seminars to help Indian companies take advantage of emerging opportunities in the global markets. In this context, the Bank interacts closely with the multilateral agencies such as the World Bank Group, with a view to disseminate procurement and consultancy opportunities under the World Bank funded projects for the benefit of Indian project exporters, suppliers, contractors and consultants and with the larger objective of attracting increased participation and competition in projects funded by the World Bank. Exim Bank has been actively promoting effective participation by Indian companies in such business opportunities by providing a range of information, advisory and support services, in addition to financing facilities and guarantees.
Mr. Chris Browne, Ex-Chief Procurement Officer, World Bank, Washington D.C, Mr. Majed M. El-Bayya, Lead Procurement Specialist (South Asia), World Bank, Washington D.C and Mr Shanker Lal, Country Focal Point, Procurement, India would serve as faculty for this Workshop. The session will provide information to participants on (i) access to business opportunities under WB funded projects; (ii) specific procurement opportunities in the pipeline; and (iii) WB’s policies and procedures for procurement. The interactive session will also provide an opportunity for participants to make individual queries to WB’s procurement specialists.
There will be no registration fee for participation in this seminar. Considering the limited seats for the programme, we encourage you to register early, as that will help us to reserve a place for you.