partners for investment promotion

ASSOCIATION OF EUROPEAN CHAMBERS OF COMMERCE AND INDUSTRY

Partners for Investment Partners for Investment

PromotionPromotion

Partnership SchemePartnership Scheme

Kick-off meetingKick-off meeting

Belgrade, 4-5 December Belgrade, 4-5 December 20082008


The background - FDI in the Western Balkans

A growing market of over 150 mln consumers; close to EU, low labour costs, competent workforce…

but…The gap btw potential &

actual FDI goes as high as 82% in BA (2003 IMF study)

FDI net inflows (EUR mln)Source: OECD

2002 2003 2004 2005

AL 151 158 269 209

BA 282 338 489 240

HR 1195 1788 989 1328

MK 83 84 126 80

ME 76 44 53 384

RS 504 1204 777 1196


Introduction

• EUROCHAMBRES Organisation & Objectives Focus on Enlargement

• CASE• EU-Turkey Chambers Forum• Partners for Investment Promotion


Partners for IP - Overview

Project launched: May 2008 Beneficiary countries: Albania, Bosnia and

Herzegovina, Croatia, fYRoM, Montenegro, Serbia

Total budget: ca € 1 180 000 (CARDS 2005 Regional)

Duration: 18 months Organisation: ECH (Leader) + 6 partners + EU

& W.B. Chambers involved in the partnership scheme


The precedent: PARTNERS (2004-2005)

• Duration: 2 years• Budget: EUR 2.15 Mio• Results:

1. 700 Chamber staff trained 2. 2 studies on the state of regional

competitiveness (2,000+ companies each year)

3. 15 Partnerships EU-W. Balkan Chambers4. 25 scholarships for Eurochambres’

Academies5. Excellent visibility!


I. EU-Western Balkan Chamber partnerships (clusters)

II. Survey on FDI obstacles

III. EUROCHAMBRES Academies Participation

Partners for IP - Components


I. Chamber partnerships

• 8 clusters of EU and Western Balkan Chambers

• Focusing on FDI-promotion areas (tourism, food & beverages, renewable energies…)

• Duration: 10 months• Average budget: € 90 000• Participation of relevant public

authorities / local actors


Partnerships - interest

• 28 WB CCIs interested in participating

• 36 EU CCIs interested in participating


Partnerships - OverviewSerbian Chamber of Commerce Economic Chamber of (fYR of) Macedonia Chamber of Economy of Montenegro

PROMOS Milan CCI Czech Chamber of Commerce

Kikinda regional CCI Unsko-Sanski Canton Chamber

PROMOFIRENZE Florence CCI Trencin CCI

CCE - Karlovac Rijeka Split County Chambers

Bilbao CCI Liverpool CCI

Zagreb Chamber Sarajevo Canton Chamber

Udine Chamber of Commerce VOKA CCI West Flanders

CCI Republika Srpska Chamber of Economy Vojvodina

Gipuzkoa CCI Mälardalen & East Sweden Chambers of Commerce

Economic Chamber of (fYR of) Macedonia UCCIAL

Special Agency Aries Trieste CCI Union of Hellenic Chambers

Kragujevac CCI Tirana CCI Leipzig CCI

Economic Chamber of Zenica Doboj Canton CCE - Sisak County Chamber Niš Regional Economy Chamber

Sheffield CCI Oviedo CCI


Partnerships – Timeline• Beg. Nov. 08 ► confirmation & guidelines• Mid-end Nov. 08 ► inception visits &

action plans• 4-5 Dec. 08 ► kick-off meeting• Dec. 08 ► partnership agreements (ECH

+ 1 EU CCI/partnership)• Dec. 08 – mid-Sep. 09 ► implementation

of AP activities• Oct 09 ► final reports (tech. + fin’l)• Nov. 09 ► final event / presentation of

results


Partnerships – Eligible costs

1. Fees Real salary costs Co-financing

2. DSA Forfeit base

3. Travel Not local travel Economy flight tickets

4. Office costs/consumables Monthly contribution


Partnerships – Financial rules (I)

• EC financial rules apply• 1 EU CCI in charge of collecting &

verifying all doc.s/invoices• Advance payment (ECH to 1 EU

CCI) = 50% of requested grant• Balance settlement after EC final

payment


Partnerships – Financial rules (II)

Requests for payment (1 EU CCI only):

• Use rfp template prepared by ECH• Print it on the letterhead of your

Chamber• CCI full bank account details


Partnerships – Financial rules (III)

Supporting doc.s:Contract + annual salary sheet + other

remuneration-related benefits + excel table to calculate daily salary costs

Hotel invoiceTravel agent invoice + boarding passes

+ ticket / mileage calculationsAdministrative costs proof by

accounting /office management dept.s


Partnerships – Responsibility (I)

• ECH: overall coordination, guidelines & templates, monitoring, liaison with the EC, …

• National CCIs (LOs): country-specific coordination, collection & aggregation of FDI survey results

• EU CCIs: 1 for budget & admin. management; all for best practice share

• WB CCIs: activity implementation, event organization, liaison with local actors


Partnerships – Responsibility (II)

• ALL:

1. Respect the deadlines

2. Promote widely*


* NOTA BENE on visibility

Any notice/publication must specify that:

1. Partners for IP is a EUROCHAMBRES’ project

2. The project has received EU funding


Reporting requirements

• Interim report (techn. + fin’l) – Apr 09

• Final report – Oct 09

1 EU CCI to ECH


II. Survey on FDI obstacles

• Consultation of 1,000 companies in the beneficiary countries + 1,000 companies in the EU 250/partnership, ca. 60/Chamber

• Publication of a comprehensive report (how to improve the investment climate in the Western Balkans)

• Provision of private sector input for OECD’s “Investment Reform Index” 2009


Any doubts?

Don’t be afraid to ask!

EUROCHAMBRES TeamDirk Vantyghem (Project Director) Micol Martinelli (Project Manager)Marie Lèbre (Project Assistant)

partners for investment promotion

Documents