Investment Experts Group Update, General Information for 2017 and Project Update
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1 2017/SOM1/IEG/003 Agenda Item: 3 Investment Experts Group Update, General Information for 2017 and Project Update Purpose: Information Submitted by: APEC Secretariat First Investment Experts Group Meeting Nha Trang, Viet Nam February 2017
2 IEG Update, General Information for 2017 and Project Update APEC Secretariat 23 February 2017 Copyright 2016 APEC Secretariat APEC Viet Nam 2017 APEC 2017 SOM CHAIR Mr. BUI Thanh Son For more details: 2016/ISOM/003/004/005/006 1
3 APEC 2017 Notional Calendar For more details: 2016/ISOM/008 You can also access to Viet Nam s website for useful sources: Structure of IEG Member Economies International Organizations (OECD, UNCTAD etc.) Three Years Guests (Colombia, Costa Rica and WEF) IEG Vice - Chair 2017 (Host) Ms. Thai Thu Phuong Deputy Head Investment Promotion Division of Foreign Investment Division, Ministry of Planning and Investment phuongfia@mpi.gov.vn IEG Convenor (since August 2016) Mr. Maxim Berdichevsky Deputy Director Investment Trade Policy Department of Foreign Affairs, Trade and Development, Canada maxim.berdichevsky@international.gc.ca Program Director for IEG APEC Secretariat Mr. Akifumi Fukuoka af@apec.org 2
4 IEG Calendar 2017 (1) 23 February, Thursday IEG Day 1 (Intercontinental, Grand Ballroom 2) 23 25February Project Quality Workshop (Sheraton Hotel, Hon Tam Room) 26 28February CTI (Intercontinental, Grand Ballroom 1) 24 February, Friday IEG-Day 2 (Intercontinental, Grand Ballroom 2) 2 3March First Senior Officials Meeting (Intercontinental, Grand Ballroom A+B) IEG Calendar 2017 (2) During SOM 3 IEG 2 (two days) (Including Second Investment Policy Dialogue) Project Workshops (if any) (schedule and venue: TBC) During Leaders Week CSOM: 5-6 Nov APEC Ministerial Meeting: 8-9 Nov APEC Leaders Meeting: Nov (schedule and venue: TBC) 3
5 Launch of New APEC Collaboration System (ACS) since 3 February 2017 Access to AIMP as usual with the following link: Or Directly log in through the following web link: Other functions of APEC Information Management Portal (AIMP) such Meeting Document Database (MDDB) remain same. The new ACS will be accessible using the full format name of the account. Example: If ph_jtb is your current ID, your login name for the new ACS will be ph_jtb@apeconline.org. The same password as in your old AIMP account will be used for login. (The user accounts are issued and managed only on an individual basis, i.e.not provided to an account such as apec@gov...) Useful Sources for General APEC Issues APEC website IEG website Investment/Investment-Experts-Group.aspx CTI website Investment.aspx APEC project Meeting Document Database APEC Policies and Procedures APEC/Policies-and-Procedures.aspx Other documents from Committee on Trade and Investment Annual Report to Ministers (2016/CSOM/012 and its annex) APEC Secretariat Annual Report (2016/CSOM/003) Welcome toapec a quick guidance onapec (available at ACS) 4
6 Project Update Copyright 2016 APEC Secretariat Project Session 2, 2016: Outcomes Number of Projects Requesting Funding 103 Number of Projects Approved 51 Overall Approval Rate (Session 2, 2016) 49.5% (Overall Approval Rate - 5 Year Average) 44% 3 Concept Notes were applied from IEG but none of them was funded in
7 Project Session 1, 2017: Update Project Session 1 commences on 7 March (submission to PD: af@apec.org; ). Project Overseers can expect to be notified about their concept notes by 5 May (at the latest) Project Proposals for approved projects must be submitted to the Secretariat for SCSC s endorsement and quality assessment no later than 25 May All dates with detailed explanations are available on the APEC website: PROJECT OVERVIEW: Fund Availability Project Fund Session 1, 2017 (US $) General Project Account (GPA) $975,000 Trade & Investment Liberalization and Facilitation Account (TILF) $504,000 APEC Support Fund (ASF) General Fund $1,166,000 ASF Sub-funds (i) Human Security $211,000 (ii) Health & Emergency Preparedness $99,000 (iii) Energy Efficiency $1,440,000 (iv) Supply Chain Connectivity $769,000 (v) Mining $159,000 (vi) Free Trade of Asia/Pacific & Global Value Chains $322,000 (vii) Innovative Devlpmnt, Econ Reform & Growth $227,000 (viii) Connectivity $168,000 (ix) Micro, Small and Medium Enterprises $82,000 (x) Renewed APEC Agenda on Structural Reform (RAASR) $1,800,000 Total GPA+TILF+ASF $7,922,000 To Note: Figures are estimates as of 25 January 2017 Updated estimates fluctuate based on contributions received, funds dispersed and monies returned; Figures and availability for 2017 are also available on the APEC website All Figures are in USD 6
8 Establishment of New Sub-funds New Sub-Funds A new sub-fund was established by Australia and will be available in Session 1, 2017 Renewed APEC Agenda on Structural Reform (RAASR) : $ 1,800,000 Please look at Individual Action Plans under the Renewed APEC Agenda for Structural Reform A new sub-fund was established by Canada starting in Session 2, 2016 Micro, Small and Medium Enterprises Sub-Fund Eligibility Criteria Specific eligibility criteria and application processes for all sub-funds are available on the APEC Website: Project Approval Process: Summary Forum endorses and scores Concept Notes (/20) using Scoring Template Members assess eligibility of Concept Notes for ASF sub-funds (if applicable) Committees score Concept Notes (/40) using Scoring Template Concept Notes matched to available funding, starting with the highest scores; BMC approved Concept Notes developed into Project Proposals Project Proposals assessed for quality by Forum and APEC Secretariat Proposals recommended to BMC 7
9 Monitoring and Completion Reports Monitoring Reports (MRs): Monitoring reports are due every 6 months on 1 February and 1 August Completion Reports (CRs): Completion reports are due within 2 months of the project s completion Failure to submit MRs or CRs: POs with outstanding MRs are ineligible to submit new Concept Notes or have any proposal approved until all overdue reports are submitted Any APEC forum whose project has not submitted a CR is ineligible to submit new Concept Notes or have any full proposal approved until all overdue reports are submitted Report templates can be found on the APEC Website: Key Advice for Concept Notes Follow all guidelines: Meet the submission deadline 3-pages maximum Write clearly and succinctly for an audience of non-experts (use proper English) Address the eligibility criteria for the fund/ sub-fund you apply for Show how the project will build capacity Secure at least 2 co-sponsoring economies (some groups expect more) Link project to annual APEC Funding Criteria Ensure project end date is by December of the following year Use most current form, found on APEC website, project link Additional advice: Stress the tangible outcomes with figures if possible Give the detailed facts such as venues and timelines if possible Seek for the members views in advance Consider cross-fora collaborations if possible Share your draft CN with PD (af@apec.org; ) in advice for advice 8
10 Key Advice for Project Implementation Be familiar with and follow APEC procurement rules: Guidebook Chapter 12 on Contracting Different requirements for contracts below USD 5,000; 20,000; 50,000; 50,001 and above For over USD 50,001 get your proposal assessment panel together early and remember only members of your forum officials (or their nominated delegates) can be assessors! Use the RFP timeline and correct templates Ask Your PD/PE if in doubt! Key Advice for Project Implementation How to have a successful workshop: Give at least sufficient notice to members of workshops, nomination requests Do your research and use your networks to find the right participants and speakers don t just rely on members to find them for you Involve relevant International Experts and organizations as speakers, ensuring you follow the Guidelines on Managing Cooperation With Nonmembers Invite a representative(s) of other APEC working groups if relevant Work closely with your Secretariat Program Executive on travelers approvals and acquittals 9
11 Project Forms & Resources Further Assistance Further assistance on projects can be found: Through the APEC Secretariat, via your Program Director or the PMU: Program Directors: PMU Program Director, Daniel Simson: In the APEC Project Guidebook and Proposal Development Materials: On the AIMP Project Database site: Project Management Training 23, 24 and 25 Feb at Hon Tam, Sheraton (Interested participants only need to attend one of the six. Starting at or each day.) 10
12 Self-Funded APEC Projects Can be submitted at any time Must be approved by the group Must comply with APEC guidelines and practices (hosting, publications, logo use, non-member participation) Project Overseer must submit Self-Funded Project Proposal Coversheet (Appendix C) to the Secretariat before commencement of the project Project Overseer is strongly encouraged to submit Completion Report (Appendix G) IEG currently has one ongoing self-funded project: Inclusive Business in APEC Study (PH). Thank you! Xin cám ơn! Akifumi Fukuoka Program Director Copyright 2016 APEC Secretariat 11
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