Provision of Advisory Services on GEXIM Projects
A consultancy assignment providing technical and advisory services for the monitoring and evaluation of GEXIM-funded 1D1F projects across Ghana.
Provision of Technical and Advisory Services for the Monitoring and Evaluation of GEXIM Funded Projects was a consultancy assignment that performed the following tasks:
- Monitored progress of works, identified causes or potential causes of any delay, and advised the Bank on suitable corrective actions to be undertaken in a timely manner.
- Supervised the execution of the various GEXIM funded 1D1F projects according to the agreed project plans.
- Supervised Construction and Delivery — involved supervision and inspection during and after construction activities to ensure that the required output was delivered.
- Prepared a supervision manual delineating a consistent, comprehensive and uniform system of quality assurance and quality control for the components.
Undertook physical assessment of the status of the projects which covered: identification of factories and their owners; buildings, plant and equipment developed, acquired and installed; jobs created; and people trained.
Project Objectives
The objective was to monitor the progress of work of 1D1F projects funded by the bank, provide technical and advisory services to GEXIM funded initiative projects, and ensure timely completion of projects.
Project Output
AIC together with ASNAPP assessed and provided business advisory services to over 70 medium-to-large scale companies funded by the Ghana Exim Bank under the Government of Ghana One District One Factory (1D1F) flagship Programme. The criteria used to determine the level of support for continuous funding included:
- Value for Money
- The Level of Investment Required to turn the company around
- Condition that presents High Risks (Contract Abrogation, Legal Costs, etc.)
- Right Technology/Machinery
- Existing Market and Products
- Initiated Payment of Facility (Servicing of loan)
- Potential Impact
Findings from 50 1D1F companies showed that GEXIM support had enhanced investment into local manufacturing, supported greenfield companies, attracted more local companies due to low cost of capital, and facilitated trade and trade shows. The main sectors in terms of approved funding request were agribusiness (47%), pharmaceuticals (19%), poultry (13%) and others.
Countries/Locations: Ghana
Project Partners: Ghana EXIM Bank