Title: SUPPORTING FISHERYINDUCED INCLUSIVE GROWTH IN ACP COUNTRIES First Meeting Of ACP Fishery Ministers B
1SUPPORTING FISHERY-INDUCED INCLUSIVE GROWTH IN
ACP COUNTRIES First Meeting Of ACP Fishery
MinistersBrussels, June 3, 2009
- A Presentation of WBG Proactive Investment and
Trade Development Instruments For Cluster
Development - By Dr. Papa Demba THIAM, WBG
2Objective and Structure of the Presentation
- Objective of the presentation is to introduce a
discussion on regional public goods that will
help ACP develop robust fishery-based economies - Will not address governance and combating illegal
fishing - But these are essential conditions for
sustainable growth - Will focus on how to trigger fishery-induced
growth through - Infrastructure to support products markets
developments - Development Of Integrated Landing Site Clusters
- Enterprise development
- Entrepreneurship promotion
- Adjustment of the business development
infrastructure for fishery induced growth - Development Of Fishery-Driven Clusters For
Sustainable Inclusive Growth - A Dedicated ACP Initiative With Integrated Donor
Support
3ISSUES FACING FISHERY-INDUCED GROWTH IN ACP
- Overexploitation of fishery resources
- Weak governance of the sector
- Limited industrial transformation of resources
- Limited access to global markets
- Weak infrastructure for products markets
development - Limited involvement of private sector
- Weak public-private-partnership in the sector
- Weak fishery-based economy
- Limited fishery induced inclusive growth
4Why Is The Sector Not
Attractive For private investment in industry?
- The following makes the sector perceived as risky
for investment in industry - Unreliable uncompetitive supply of quality raw
material for industry - Weak services of quality and standards while
burden of compliance on the laps of ACP exporting
countries - Huge information asymmetry and limited knowledge
of markets - Limited knowledge of value addition potentials
- Limited education on products adaptation
development - Limited access to specialized product market
development services by MSMEs in the sector - High cost for accessing critical functions for
production and trade - Limited technology transfer
- Limited skills to support processing for high
value added products - Limited access to finance
- Need to close these gaps through pro-activist
policies blending public and private interventions
5Needed Broad Based Sustainable Entrepreneurship
In Fishery
- The Bottom Line is the development of an
environment that creates and spreads private
investment opportunities in the fishery sector
and in a sustainable manner over time. - One common approach focuses on passive types of
interventions with prospective trickle down
effects in terms of perception of investment
opportunities - Policy No Action. - Another approach is based on proactive type of
interventions, that better suit socio-economic
environments that are characterized with
disruptions of structures in potentially viable
clusters, missing links in several supply/value
chains and Information Asymmetry. - This presentation will focus on this second
category of Ecosystems to which most ACP
countries belong.
6DEMOCRATIZING ACCESS TO ENTREPRENEURSHIP IN
FISHERIESPublic Goods to Support Products
Markets Developments
- A Minimum Integrated Trade Expansion Platform
(MITEP) is a permanent infrastructure to
proactively and directly support the creation of
new products and help penetrate and develop
solvent and high quality markets. - A Project Development Fund/Facility
(PDF)-Proactive instrument that seizes risk,
manages it and sells it to the market through - Result-oriented analysis and targeted
interventions to transform constraints into
investment opportunities, - Project preparation by increased legibility of
constraints and risks - Design of risks mitigation measures for results
oriented investment promotion strategies and
programs - Development of bankable business plans and
syndication of finance - A revolving fund to support its interventions.
- Help Build Integrated Landing Site Clusters in
ACP Shores - Retrofit the Business Development Infrastructure
(BDI) - Build Fishery Driven Clusters Growth Centers In
Select Areas
7Minimum Integrated Trade Expansion Platform
(MITEP)Uses ITC Where Appropriate and is Based
on Five Pillars
- Enhanced Quality, Standards, Metrology and
Testing (QSMT) Infrastructure To Help Overcome
Technical Barriers To Trade (TBT) And Create New
High Value Added Products - A Proactive Trade Information System (PTIS)
Interactive Audio-Visual Virtual Library With
Products ID Cards Featuring Detailed Market
Information, Recipes For Product Development,
Protocols For Compliance With Standards, Relevant
Equipment, Technical Information For Industrial
Process Plant Development and Layout, Skills
Profiles, Etc. - A Platform to Support Skills Development for
Specific Products and Markets Development and
Provision of Specialized Business Development
Services To MSMES- Help access and Use PTIS - Common Services Centers (CSC)- To Deliver
Critical Functions - Adaptive Financial Intermediation Infrastructure
and Products Based on Cash-Flow Based Lending,
Including Trade Finance
8PROJECT DEVELOPMENT FUND/FACILITY Seizes Risk
Abnormally Perceived High, Manages it and Sells
it to Market With Risk Mitigation Package and
Help Realize Investment
- Helps Highlight Constraints and Improve Risks
Identification - Highlights and Helps Spread New Investment
Opportunities (Positive Externalities) Based On
The Transformation of Fishery Resources - Helps Transform Binding Constraints In Fishery
Supply Value Chains Into Investment
Opportunities For Public -Private Partnerships - Targets Investment in Common Services So As to
Provide Relevant Infrastructure Base For The
Development Of Higher Value Added Fishery
Products By MSMEs In Fishery-Driven Clusters - Creates Investment Opportunities For Private
Sector - WBG IFC Can Be Involved in
Co-Investment Consortia Up To 50 Of Total
Investment - Designs Risk Mitigation Measures To Trigger
Appetite For Private Sector - Helps Mainstream Risk Mitigation In The
Investment Promotion Framework and Structure
Public-Private Deals - Supports Projects Development Up To A Level
Private Sector Feels Comfortable With Management
Of Risk Related To Entrepreneurship - Integrates Interventions With MITEP Activities To
Further Support The Operations of Fishery Based
Enterprises Created With PDF
9Building Integrated Landing Sites Clusters On ACP
Shores
- Provide On site Infrastructure For Fisheries
- Minimum Infrastructure- Water, Electricity, Other
City Services - Storage Facilities
- Fish Stores
- Etc
- Provide On Site Services For Fishery Related
Activities Such As - Dry Docking
- Repairs
- Training For Sustainable Fishery, Resource
Preservation, Post Catch Loss Reduction - Provision of Gas, Crates, Ice, Etc.
- On Site Testing Training Facilities
10Dedicated Business Development Infrastructure
(BDI) For Fishery-Induced Growth
- Investment Promotion Needs To Be Customized To
Make Public/Private Deals. - Investment Promotion Needs To Be Driven By
Products Markets Developments That Underlie
Entrepreneurship Making Decisions. - Investment And Trade Promotion Needs To Be
Integrated To Serve Sustainable Entrepreneurship
Through Products Markets Developments. - BDI Needs To Be Capacitated To Design, Implement,
Manage, Monitor and Evaluate MITEP and PDF As
Well As To Coordinate Overall Delivery System. - The Overall Investment Promotion Trade
Development Infrastructure Needs To Be
Strengthened and Integrated To Become A Relevant
BDI.
11Building Fishery Driven Clusters In ACP Countries
With Interface Strategies
- Differentiating Economic Clusters with Industrial
Clusters That Are Linked To Global Supply Chains
With Vertical Vulnerabilities. - Programmatic Approach To Knitting Dense And
Integrated Fishery Driven Activities In A Given
Economic Sub-Space. - Basic Paradigm Is About Spreading Complementary
Investment Opportunities To Support Self-Centered
Fishery Driven Economic Flows Within The Targeted
Economic Space. - This Infers Integrated Approach To Planning,
Decentralization, Infrastructure Development And
Layout, Local Institutional Development, Etc. - All This To Be Driven By Products And Markets
Developments That Are At The Basis Of
Entrepreneurship. - Interface Strategies For The Development Of
Market-Led Opportunities Can Help Build Broad
Based Fishery Driven Economic Clusters.
12INTERFACE STRATEGIES FOR CLUSTER
DEVELOPMENT-(P.D. Thiam, 1991,Peter Land Ed.,Bern
)GAPS IDENTIFICATION SEQUENCES
- Identification Of Technical Possibilities Of
Economic Transformation Of Resources Around
Select Poles (Triggers) - Identification Of By-Economic Activities
Adjacent, Complementary (Horizontal And Vertical
Integrative Factors) - Categorization Of All Economic Activities In
Terms Of Cash Cows, Stars, Dilemmas and
Burdens ( Critical Mass ) - Identification Of Potential Pole Areas To Drive
Growth Centers - Initial Assessment And Identification Of Short,
Medium Long Term Prospects In Terms Of
Enabling Environment - Selection Of Poles, Cluster Drivers
(Localization Parameters) - Determination Of Geographical Area To Become
Growth Centers - Market Validation Of Potential Value Added
Products From Resource Transformation - Design Development Of Comprehensive Product ID
Cards
13INTERFACE STRATEGIES FOR CLUSTER DEVELOPMENT -
GAP CLOSING SEQUENCES (P.D. Thiam, 1991, Peter
Land Editions., Bern, Switzerland )
- Use Product ID Cards To Assess Missing Links
Along Supply Value Chains- Micro, Mezzo, Macro
Spatial Levels - Design Integrated Interventions - Micro, Mezzo,
Marco Spatial Levels To Structure/Consolidate
Supply Value Chains - Design A Comprehensive Package Of Interventions
To Support The Development Of Growth Centers - Mainstream Identified Interventions In The Design
Delivery Of MITEP, PDF BDI - Highlight Define Other Interventions That
Support MITEP, BDI PDF- Infrastructure,
Decentralization, Other Capacity Development - Partnership Arrangements - Harmonization
Integration Of Interventions - Design Implementation Strategy With Government
Private Sector Partners Around The
Transformation Of Dilemma Into Stars And
Stars Into Cash Cows With Regulated Cycles - Design Integrated Time-Phased Delivery
Program/Projects With Division of Roles, Real
Time Monitoring Evaluation
14Regionalization Of Fishery Based Economic Cluster
Development In ACP
- Regional MITEP For Fisheries Could be Developed
And Delivered As Regional Public Goods With
National Interfaces/Applications - Regional PDF Could Be Established To Help Create
Investment Opportunities In Fisheries In ACP-
Open To All Investors - Regional BDI Programs Could Be Developed As Part
Of Regional Capacity Development - Interface Strategies Could Be Applied AT Regional
Scale
15One Example WB-Funded West Africa Regional
Fisheries Program- WARFP
- Program aims to sustainably increase the wealth
generated by West Africas fisheries, by
investing in - Strengthened governance of the fisheries
- Reduced illegal fishing
- Increased local value added to fish products
- Program includes 9 coastal countries from
Mauritania to Ghana - Total likely WB and GEF investment over 5 years
of US90 M - Program will start in October in first 4
countries of Cape Verde, Liberia, Senegal and
Sierra Leone - Program to work in complement with donors
opportunities for partnerships and collaboration
16One Example WB-Funded West Africa Regional
Fisheries Program- WARFP
- Investments in increased local value added will
include - Regional MITEP
- With Emphasis On Common PTIS National Programs
On QSMT- To Be Further Integrated At Regional
Level - Could Be Completed With Regional Platform For
Skills Development Specialized Business
Development Services - Could Be Completed With Regional/National Common
Service Centers - Could Be Completed With Regional Financial
Intermediation Infrastructure Products - Pilot Integrated Landing Site Clusters In Each
Countries
17Recommendations Supporting Regional EPA In
Fisheries - ACP-EU-WBG Framework To Support EPA
Through Fishery-Induced Growth In ACP ?
- Explore Potential Partnerships With Development
Partners On An ACP Initiative Based On - Development Of Regional Products Markets
Development Infrastructures (MITEP) In All ACP
Regions- Common Pillars/ Backbone National
Dimensions - Development Of Regional Project Development Funds
(PDF) In Each ACP Regions To Boost Private Sector
Led Industrial Transformation - Aggressive Capacity Development To Complete
National Business Development Infrastructures
(BDI) In Fishery Sector - Design A Fishery Driven Cluster Development
Program In ACP Countries - Design An Overall ACP Program Centered On The
Delivery Of The Above Instruments/Programs With
Relevant Framework - Set-Up Of A Regional Trust Funds To Support The
Initiative - Set-up Of A Joint Secretariat (Center Of
Excellence) For Implementation
18 THANK YOU!