|
|
Grant Amount:
|
US$ 20 Million
|
|
Project Effectiveness Date:
|
October 11, 2011
|
|
Project Closing Date:
|
June 30, 2015
|
|
Status:
|
Under Implementation
|
|
Geographic Area:
|
Across Khyber Pakhtunkhwa and FATA
|
Implementing Agency
Department of Industries, Government of Khyber Pakhtunkhwa.
FATA Investment Facilitation Authority (FIFA), FATA Secretariat.
Small and Medium Enterprise Development Authority (SMEDA), Provincial Office, Peshawar.
PCNA Priority(Pillar)
Strategic Objective 2: Stimulate employment and livelihood opportunities.
Strategic Objective 4: Counter radicalism and foster reconciliation.
Objective
To support the GoP in the economic recovery and revitalization of the crisis-affected
areas of KP and FATA, by creating sustainable employment opportunities through rehabilitation
of SMEs, investment mobilization, and institutional capacity building.
Beneficiaries
SMEs, private sector and relevant government departments in KP and FATA
Expected Results
850 SMEs directly/indirectly benefited from the grants program, of which 2-3% businesses
owned/managed by women entrepreneurs;
8,000 jobs/employment (direct and indirect) generated in enterprises supported by
the project;
500 SMEs access business development services offered under the project;
US$ 10 million attracted for KP-FATA from Diaspora and migrant workers settled across
the country; and
Investment facilitation authorities established in FATA and KP.
Achievements as of October 2012
Delivery Mechanisms
Fully functioning PMUs have been established in KP, FATA and SMEDA;
Evaluations/Assessments: 3 supervision missions conducted to monitor progress. Lessons
learned are highlighted and incorporated in implementation design;
Case-study analysis undertaken to highlight i) implementation experience to date;
and, ii) impact;
Procurement plan for each implementation entity reviewed, approved and implemented
and updated;
MIS developed and to be fully deployed at SMEDA's Project Unit (PU) by November
15, 2012;
Communications strategy developed and implemented;
Outreach mechanism developed and implemented including advertisement in radio and
newspapers, field visits, brochures, distribution of forms in banks and relevant
offices, hoardings and awareness sessions at the industry associations including
women chambers of commerce and industry in Peshawar; and
Grievance Redressal Mechanism established; six complaints received at FATA and KP
PMUs to date and are being investigated in collaboration with SMEDA's PU.
Project Results
SMEDA has received 2,581 applications from entrepreneurs in both KP and FATA, of
which 841 have been processed;
Matching grants of US$ 788,920 have been approved for up-gradation and rehabilitation
of 110 SMEs;
Of these, grants of US$ 331,714 have been disbursed to 89 SMEs across KP and FATA.
These grants will support a range of businesses including small textile weaving
units, bottling companies, marble processing units, filling stations, furniture
manufacturing units, light engineering units and trading SMEs;
A total of 210 jobs have been created to date;
14 applications being processed for Business Development Services (BDS) sub-component
of the project;
3 applications received for SME cluster up gradation grants;
Diaspora outreach program to be launched in November 2012. TORs for 4 activities
finalized;
- Local outreach event to be organized in Karachi
- International investor roads show in Dubai
- Reconnect Pakistan web tool
- Pre-feasibility study for diaspora bonds
TORs for Needs Assessment for the institutional reforms for the Industries Department
in KP finalized.
|
