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Project Details

Project Name:

ADB Program Loan and Project Preparation

Solomn Islands
Project Location within Country:

Honiara and some outer islands
Professional Staff Provided By Your Company:
No of Staff:

Name of Client:

Ministry of Finance
No of Man-Months:

Start Date:

March, 1998
Completion Date:

April, 1998
Approx Value of Services:

Name of Associated Firm(s) If Any:

No of Man-Months of Professional Staff Provided by Associated Firm(s):

Name of Senior Staff (Project Director/Coordinator, Team Leader) Involved and Functions Performed:

Vas Banschikov-Public Sector and State Owned Enterprise Specialist
Detailed Narrative Description of Project:

The Project was to evaluate possible assistance that can be provided by ADB to assist the Government of Solomon Islands in the further economic development of the country. This included the possible assistance in the provision of a Program Loan to assist with Public Sector restructuring and the divestment of State Owned Enterprises.

Detailed Description of Actual Services Provided by Our Company:

As part of ADB’s reconnaissance mission, visited Solomon Islands, evaluated the performance of State Owned Enterprises, prepared a privatization policy for the Government and also prepared the Conditionalities and a policy matrix to be used in the proposed ADB’s program loan in the public sector restructuring and privatization.

Met with all General Managers of State the State Owned Enterprises to discuss business activities, financial performance and options for ownership changes.
On the basis of discussions and broad financial analysis, prepared summary of financial results and privatization policy.

For the Bank prepared Terms of Reference for further assistance and draft loan Conditionalities and a policy matrix.

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