The CIIP has recently completed its independent Mid Term Review and findigs suggest it as "Highly Satisfactory".  In assessing the relevance, effectiveness, impact, sustainability and efficiency of CIIP’s project activities, the present MTR concludes that CIIP scores highly satisfactorily. A key finding is that CIIP has succeeded in effectively initiating and implementing interventions designed to increase competitiveness and innovation in the beneficiary countries. CIIP’s organizational agility and flexibility allow it to respond to countries’ needs and priorities in a timely manner. The projects are well aligned with CIIP objectives and are highly relevant for government teams that are implementing or preparing lending operations financed by the WBG.  

The CIIP program has made a positive contribution through the different types of results it has achieved to date. Most projects established more than one or two years ago are broadly on track to achieve desired outputs. The MTR shows that the target value of nine out of 13 standard output indicators have been met or outperformed. For instance, CIIP can be credited for putting in place 48 cross institutional coordination mechanisms at a local, national or sectorial level in 15 countries. Furthermore, 39 sectorial analyses were completed in 7 countries, 28 strategy or reform programs were conducted in 16 countries, and 11 reforms were enacted through the public private dialog mechanism in 5 countries. SME support has constituted a major part of these efforts. The CIIP CO in the Eastern Caribbean States (OECS) mobilized 500 Micro, Small and Medium Enterprises (MSME) in cluster cooperation. Nine CIIP CO projects included training programs for SMEs. Per CIIP’s M&E system, 642 SMEs were supported in FYR Macedonia, Georgia, Jamaica, and Mauritania. In addition, 436 people were trained or certified in Ethiopia and Mauritania.

Analysis of country operations shows that, within the limits of the available data on CIIP impact indicators, a significant number of jobs, private investments, and firms have been created since its inception. 22,253 jobs have been created by only five CIIP projects, while 328 new firms have been created by three projects. Furthermore, a total of USD 856.5 million in private investments has been leveraged by five CIIP projects. This does not mean that all the other projects did not or will not have an impact, but the GRM / M&E monitoring system does not currently provide sufficient evidence to make an absolute determination. Moreover, the potential of recently initiated projects that are still ongoing should not be overlooked.