Projects Department

Projects Department

 

The Projects Department consists of six divisions/ units: Economic Infrastructure Division, Social Sector Division, Technical Cooperation Division, Procurement Policy Unit, Private Sector Development Unit, Renewable Energy/ Energy Efficiency Unit and the Environmental Sustainability Unit. Major programmes of the Bank such as Disaster Risk Management (DRM), the Basic Needs Trust Fund (BNTF) and the Caribbean Technological Consultancy Services Network (CTCS) are supervised by the Projects Department.

The Projects Department is responsible for the identification, appraisal and supervision of all capital and Technical Assistance Projects, as well as sector loans intended for and/or included in the Bank’s portfolio. Monitoring and evaluating the Bank’s loan portfolio, preparation of sector analyses/policy papers for external training and the provision of assistance to micro and small enterprises are also within its purview.

 Investments

Applications


Prospective clients are required to submit a business proposal to CDB including full details of the proposed project, including but not limited to:

  • Feasibility studies including technical, engineering and market analysis studies, as well as information on development incentives and other concessions from government,
  • A brief history and financial capacity of the sponsor,
  • Market surveys and marketing arrangements,
  • Implementation arrangements,
  • Proposed structure of ownership and management of the project,
  • Historical financial data and expected operational and financial performance, and
  • An analysis of risks, including social and environmental risks and impacts, in implementing and operating the project with the accompanying mitigation measures showing which party will bear the risk and/or pay for the mitigating measures.

 

Technical Assistance


CDB provides Technical Assistance resources where in the opinion of CDB, the benefits that may result will accrue to the benefits of the sector or industry in the BMC. Priority for technical assistance is given to activities which will:

  • improve the enabling environment and investment climate for private entrepreneurs and foreign investors,
  • improve human capital,
  • foster regional integration, and
  • strengthen the capabilities of SMEs

Assistance is provided to both institutions and individual firms.

When making an application for technical assistance financing, prospective clients are required to submit an adequate programme description, approved in advance, setting out the rationale for the programme and the deficiencies to be resolved, the advisory and training services required, a comprehensive scope of work, estimated duration and costs. CDB also partners on TA projects and programmes with several national, regional and international agencies and institutions including:

  • IADB
  • EU
  • DFATD
  • CARDI
  • IICA
  • PAHO
  • UNDP
  • USAID
  • UWI and
  • CARICO

Recent Interventions

CDB’s technical assistance programme for supporting the small scale private sector is primarily through the Caribbean Technological Consultancy Services (CTCS) network. Since its inception, CTCS has successfully implemented hundreds of training workshops and short-term technical assistance interventions to over 2,000 micro and small entrepreneurs. CTCS also interacted with over 40 national institutions within the BMCs. Read on for more information on the CTCS’ most Recent Interventions.