1 / 9

Support for Large scale Investment deals

Support for Large scale Investment deals. June 2014. Challenges. Reasons for poorly concluded deals R esource constraints – limited financial , technical and human resources Lack of specialized know-how, technical expertise and experience in negotiating complex contracts

cooper-davidson
Télécharger la présentation

Support for Large scale Investment deals

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Support for Large scale Investment deals June 2014

  2. Challenges • Reasons for poorly concluded deals • Resource constraints – limited financial, technical and human resources • Lack of specialized know-how, technical expertise and experience in negotiating complex contracts • High staff turnover in key agencies • Asymmetry of information - economic variables of the transaction, relevant fiscal and legal tools; • Time pressure from external donors and companies to conclude negotiations • Weak governance • Poor and incoherent legal and regulatory framework • Internal competition among different ministries to influence the outcome of the negotiation process • Corruption on the part of government officials in charge of negotiating contracts

  3. Phases of Resource Development and Management

  4. Range of Skills Needed:

  5. Information Asymmetry

  6. Support available

  7. Support available • Fee and non-fee based • Prominent initiatives • African Legal Support Facility (ALSF) • International Senior Lawyers’ Project (ISLP) • Norad – Oil for Development • Natural Resource Governance Insitute • UNDP • World Bank – Extractive Industries Technical Advisory Facility (EI-TAF) • Others • Individual academics and academic centers • Consultants • Bilateral donors • Law firms

  8. What are the Gaps in Support? • Expertise other than legal (e.g. financial/economic experts, financial modelers, sector experts, investment bankers) • Assembling a negotiating team • Experience working with governments • Timing of support – “rapid response” • Long term assistance • Implementation, monitoring and enforcement of deals • Lack of availability of documentation (e.g. precedents) • Lack of knowledge sharing • Coordination between existing support initiatives

  9. What Mechanisms might help address gaps? • Increase the coordination, scope and visibility of existing initiatives • Assist with procurement of support • Tools and resources for governments and civil society • Matrix of available support initiatives • Roadmap of the process from policy development through to contract monitoring • Compile all existing resources and tools and create new ones – eg databases of contracts • Forum for information and knowledge sharing • Develop a portal to house these tools and resources and host the forum

More Related