CDB Challenges and Achievements
CDB Challenges and Achievements
Constraints to
competitiveness
CDB’s
Private
Sector
Strategy Business
Advisory
Access to
Services and
affordable
Institutional
finance
Capacity-
building
Execution of the Strategy
• CARTFund
Trade • regional laboratory accreditation programme;
• and provision of direct support to three demonstration
laboratories which provide services to exporters
Facilitation • support to Guyana and DR to establish Single Window
Systems (single electronic platform) to facilitate trade.
The
Bahamas
Dominican St Kitts
Republic &
Belize Nevis Antigua &
Jamai Barbuda
ca Haiti
Dominica
St. Lucia
St. Vincent &
Grenadines Barbados
Guyana Suriname
What does Compete Caribbean fund?
Enterprise Innovation
Challenge Fund • Clustering Initiatives
US$13,3 M • Direct Firm Support
Private Sector
Comprehensive
Framework for Private • Knowledge Generation
US$4,4 Sector Development and • Knowledge Sharing
M Knowledge Management
Portfolio Overview @Q2 2013
US$M % # Projects
Enterprise Innovation
Committed 2,1 15 8
Challenge Fund
Pipeline 10,0 75 25
US$13,3 M Private Sector
Available 1,2 9
US$M % # Projects
Comprehensive Framework
Committed 3,3 74 36
for Private Sector
Development and Knowledge Pipeline 0,8 17 6
US$4,4 Management Available 0,4 9
M Total US$M % # Projects
Committed 10,6 37 61
Pipeline 14,7 52 43
Available 3,0 11
Chronic and persistent issues
• Capacity issues related to implementation of
agreed action plans at all levels
• Who’s responsibility is it to lead change?
Government or the private sector?
• Are PPP’s viable investment options?
• Need for a greater focus on regional
cooperation
• Access to finance
• Need for greater focus on innovation
Actions for the Private Sector
• Enabling environment:
– Trade negotiation strategies
– Strategies aimed at improving macro-economic
stability and infrastructure
– Policies focused on the development of standards
– Policies aimed at enhancing workplace flexibility
– Regional Program for Human Resource
Development
– Business Development Support
– Public sector modernization
Partnership Approach
Recommended
Strengthened Partnerships