PILLAR III: BUILDING A CORE OF COMPETITIVE, SUSTAINABLE AND INCLUSIVE PRIVATE SECTOR CLUSTERS AND VALUE CHAINS 2017 2022 2030 STRATEGIC RESOURCES AND OBJECTIVES INSTRUMENTS Targets Strategic Targets Strategic Paths Targets Strategic Paths 76. Establishment of Establishment and Finalization and adoption Gradual expansion Further Full sustainability Transfer of the Preparatory work, reviews and an SME Agency initial operation at of the policy, legislative of the SME Agency strengthening and of the SME support SME Development projects by international and support pilot level of a and regulatory framework system to 12 expansion of the infrastructure. Support System organizations (UNDP, ILO, infrastructures national SME for the establishment and of the SME Agency and The established (Agency and UNIDO, World Bank Group, Agency with operation of a national governorates. support system of clusters infrastructures).. USAID) in relevant areas. branches in 6 SME Agency system with Achievement of infrastructures and chains Other works and project by governorates. A the participation of 50% sustainability system. absorbs 10 - 20% of Iraqi institutions. number of clusters Private Sector institutions of the SME Agency total Private Sector and value chains and private banks. System. employment. established; Relevant integration and 3-5 industrial coverage in the sectoral zones and at least 1 strategies (Pillars 1 and 2). business incubator Establishment of an established in each integrated funding key economic system, with targeted target sector across competitiveness funds, Iraq. commercial loans and other resources.
PILLAR III: BUILDING A CORE OF COMPETITIVE, SUSTAINABLE AND INCLUSIVE PRIVATE SECTOR CLUSTERS AND VALUE CHAINS STRATEGIC OBJECTIVES 2017 2022 2030 RESOURCES AND INSTRUMENTS Targets Strategic Targets Strategic Paths Targets Strategic Paths 76. Establishment of an SME Agency and support infrastructures Establishment and initial operation at pilot level of a national SME Agency with branches in 6 governorates. A number of clusters and value chains established; 3-5 industrial zones and at least 1 business incubator established in each key economic target sector across Iraq. Finalization and adoption of the policy, legislative and regulatory framework for the establishment and operation of a national SME Agency system with the participation of Private Sector institutions and private banks. Relevant integration and coverage in the sectoral strategies (Pillars 1 and 2). Establishment of an integrated funding system, with targeted competitiveness funds, commercial loans and other resources. Gradual expansion of the SME Agency system to 12 of the governorates. Achievement of 50% sustainability of the SME Agency System. Further strengthening and expansion of the SME Agency and support infrastructures system. Full sustainability of the SME support infrastructure. The established system of clusters and chains absorbs 10 - 20% of total Private Sector employment. Transfer of the SME Development Support System (Agency and infrastructures).. Preparatory work, reviews and projects by international organizations (UNDP, ILO, UNIDO, World Bank Group, USAID) in relevant areas. Other works and project by Iraqi institutions.