Start-up Assistance to the Macedonian Investment Promotion Agency

Contract partner: Multilateral Investment Guarantee Agency Country: Mazedonien Funding amount: € 133.100,00 Project start: 01.12.2004 End: 31.12.2006

Short Description:

Overall goal

The Government of Macedonia (Minister of Economy) has asked MIGA to provide interim technical assistance for the establishment of the new investment promotion agency. Priority areas for MIGA support, as indicated in the request letter, include the areas of strategy and institutional development as well as initial capacity building during the start-up phase. Considering the on-going support provided by the European Agency for Reconstruction (EAR) to the Ministry of Economy (in particular for policy development) and the possibility of the EAR developing a long-term FDI support project that possibly could be launched in fall/winter 2005, the ADA/MIGA support project will allow MIGA to provide interim assistance to the new agency until a more comprehensive program can be launched. MIGA also expects that the support program will provide a foundation based on which MIGA can make a significant contribution to the design of the EAR¿s planned long-term support program.

Interim support to the new investment promotion agency in Macedonia will also help strengthen the country¿s participation in MIGA¿s FDI promotion initiative for the Western Balkans (EIOP ¿ European Investor Outreach Program).

In addition, the assistance program will allow to strengthen and expand the "Western Balkans FDI Competitiveness Benchmarking Study".This study will provide the information foundation for the EIOP¿s investor outreach and marketing activities and is currently being commissioned by MIGA.

project number 8076-00/2004
source of funding OEZA
sector Geschäftwesen und andere Leistungen
  • Policy marker: are used to identify, assess and facilitate the monitoring of activities in support of policy objectives concerning gender equality, aid to environment, participatory development/good governance, trade development and reproductive, maternal, newborn and child health. Activities targeting the objectives of the Rio Conventions include the identification of biodiversity, climate change mitigation, climate change adaptation, and desertification.
    • 1= policy is a significant objective of the activity
    • 2= policy is the principal objective of the activity
  • Donor/ source of funding: The ADA is not only implementing projects and programmes of the Austrian Development Cooperation , but also projects funded from other sources and donors such as
    • AKF - Foreign Disaster Fund of the Austrian federal government
    • BMLFUW - Federal Ministry for Agriculture, Forestry, Environment and Water
    • EU - Funds of the European Commission
    • Others - various other donors are listed in ADA’s annual business report.
  • Type of Aid – Aid modalities: classifies transfers from the donor to the first recipient of funds such as budget support, core contributions and pooled programmes and funds to CSOs and multilateral organisations, project-type interventions, experts and other technical assistance, scholarships and student costs in donor countries, debt relief, administrative costs and other in-donor expenditures.
  • Purpose/ sector code: classifies the specific area of the recipient’s economic or social structure, funded by a bilateral contribution.
  • Tied/Untied: Untied aid is defined as loans and grants whose proceeds are fully and freely available to finance procurement from all OECD countries and substantially all developing countries. Transactions are considered tied unless the donor has, at the time of the aid offer, clearly specified a range of countries eligible for procurement which meets the tests for “untied” aid.