Interactive Workshop on Business Opportunities in Externally Aided Projects
Date: September 19, 2019
Venue: Taj Mahal Hotel, Mansingh Road, New Delhi
The World Bank, 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. Indian companies have been participating in the bids of the World Bank procurement and have been reasonably successful. The World Bank’s procurement framework with effect from July 2016, 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 (GOI), is engaged in financing, facilitating and promoting India’s international trade and investment. Exim Bank, on behalf of GOI, with a view, inter-alia, to promote India’s trade and economic relations with developing countries in particular, extends Lines of Credit to sovereign governments or their nominated agencies to enable buyers in those countries, to import goods and services from India on deferred credit terms. The Bank also supports Indian project exports under an innovative programme, the Buyer’s Credit under National Export Insurance Account (BC-NEIA), jointly with ECGC Ltd., under the aegis of the Ministry of Commerce and Industry, GOI. Exim Bank is also operating the Concessional Financing Scheme, on behalf of the Ministry of Finance, GOI, towards supporting strategically important projects, which have been secured by Indian companies abroad. As a part of its activities, the Bank organizes a number of focused workshops/ seminars to help Indian companies to take advantage of emerging opportunities in the global markets. Recognizing the potential for increasing effective participation by Indian companies in bidding opportunities under Externally Aided Projects, Exim Bank and the World Bank, in collaboration with the Asian Development Bank is organizing an interactive workshop at the following venue in New Delhi.
Senior officers from Exim Bank will participate in the programme and serve as faculty along with leading technical and procurement experts from the World Bank and Asian Development Bank. The workshop will provide information to participants on (i) access to business opportunities under Externally Aided Projects; (ii) specific procurement opportunities in the pipeline; (iii) policies and procedures for procurement and (iv) policy on Gender-Based Violence (GBV).The interactive session will also provide an opportunity for participants to interact with procurement specialists from each of the funding agencies.