Implementing the Strategy
This is the fourth Annual Report of the Competitive Industries and Innovation Program (CIIP), a multi-donor partnership among the World Bank Group (WBG); the European Union (EU); the African, Caribbean and Pacific Group of States Secretariat (ACP); and the governments of Austria, Norway and Switzerland. The report outlines the progress that CIIP has made in implementing the program’s objectives during the period June 30th, 2016 to June 30th 2017 (FY17).
CIIP continues to support client countries to transform their economies. This has become increasingly urgent in recent years, as developing economies have experienced a steep decline in commodity prices, leading to slower than expected growth. CIIP provides support to country level interventions and makes global policy experience in industry competitiveness and innovation more accessible to policy makers. Using a catalytic approach, CIIP seeks to leverage financing, government, private sector as well as World Bank Group investments, that address the core constraints that are preventing private sector engagement.
During this reporting period, CIIP has contributed to a wide range of interventions including: the development of Special Economic Zone policy, and the design, and implementation of SEZs in Ethiopia and Jamaica; it has also helped design activities which aim to enhance the competitiveness at the sub national levels in Egypt and Nigeria; an investor survey was implemented in support of Jordan’s policy initiative to create jobs for Syrian refugees; and in Timor Leste the location analysis for the Special Economic Zones was completed and provided to Government.
The global policy experience for this year focused on innovation and special economic zones. CIIP undertook a diagnostic of innovation activities in developing countries and has documented a range of policy solutions that can build innovation capabilities in developing countries. CIIP also assembled a database of 585 special economic zones in 53 countries. The database has been used to conduct an operational review of SEZ policies acrossseveral countries. CIIP’s global reach now totals 23 countries. The 16 country projects active in FY17 are profiled in this report. FY17 CIIP operations leveraged $1.354 billion in public investment. The CIIP grants in Ethiopia and Mauritania contributed to the creation of 6,717 jobs, of which 5,448 are women in Ethiopia. CIIP operations in Macedonia, Mauritania, Tunisia, Jamaica and Nigeria contributed to $565.5 million in private sector investments. With CIIP’s support $18 million of additional sales were facilitated in firms linked to the supported industrial zones in Ethiopia. 166 new firms were created with CIIP support in Mauritania and Ethiopia. CIIP also helped identify and promote 170 investment opportunities in Jordan. CIIP has been extended until March 31, 2019 and an independent review is ongoing, due to report by October 2017. The most recent call for project proposals was made on March 23. 2017 and CIIP received 26 applications which are currently under review.