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Streamline Administrative Process Private Sector

The general objective of the project is to promote a more efficient and transparent relationship between enterprises, the government, and private entities that deliver services related to registration and formalization. The project seeks to achieve the following specific objectives: (i) to streamline legal requirements, steps, and formalities and reduce processing periods for entrepreneurs formalizing their productive activities; (ii) to set up business service centers [Centros de Atención Empresarial] (CAEs) in six Colombian cities (Bogotá, Barranquilla, Bucaramanga, Cali, Cartagena, and Medellín); (iii) to expedite the process by which informal sector enterprises are brought into the formal business sector; and (iv) to improve entrepreneurs' access to information on the procedures that need to be followed. To fulfill its proposed objectives, the program provides for the following two components, the activities of which are to be carried out sequentially: (1) design of the CAE, including legal and institutional mapping, proposal for streamlining procedures, validation of proposals, initial simplification activities through management agreements, and design of action plans for implementation; and (2) implementation of the CAEs. The first component is to be carried out simultaneously in the six cities, while the second will be implemented in accordance with the scheduling that the city halls and chambers of commerce establish for each city. A third component would involve project administration.

Project Detail

Country

Colombia

Project Number

TC9905047

Approval Date

October 25, 2000

Project Status

Closed

Project Type

Technical Cooperation

Sector

PRIVATE FIRMS AND SME DEVELOPMENT

Subsector

PRIVATE FIRMS AND SME DEVELOPMENT

Lending Instrument

Multilateral Investment Fund Instrument

Lending Instrument Code

MIF

Modality

-

Facility Type

-

Environmental and Social Impact Category (ESIC)

-

Total Cost

USD 3,100,000.00

Country Counterpart Financing

USD 1,200,000.00

Original Amount Approved

USD 1,900,000.00

Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
ATN/MT-7186-CO Non-Sovereign Guaranteed USD - United States Dollar Technical Cooperation Facility Nonreimbursable
Operation Number ATN/MT-7186-CO
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Technical Cooperation Facility
  • Financial Instrument: Nonreimbursable
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