The verification entity will DLR3.3: Completion of MoLSA Synthesis Inspection Report for year ending July 7, confirm that the report is 2022 to be submitted by December 31, 2022 submitted within the agreed and for year ending July 7, 2023 to be timelines and includes a submitted by December 31, 2023 summary of findings, recommended follow-up actions and The report must include a summary of findings endorsement/approval by across industries/regions and recommended MoLSA senior follow-up actions and needs to be management. endorsed/approved by MoLSA senior management by the end of four months following the reference year. 4 Ethiopian DLR4.1: Five (5) EIB Decisions with at least Yes EIC Independent Upon notification from the Investment agent hired PCU, the verification entity one decision per industrial park Board decision by the PCU will check the robustness of made on the detailed feasibility study The decision must be relevant to the detailed feasibility and the summary of the feasibility study that is prepared and include an study of private minutes of the Ethiopian explanation whether a private sector led option sector-led Investment Board. is feasible and include at least one decision per participation in industrial park. Bole Lemi I, Hawassa, Mekelle, or The verification report will EIC should ensure that the detailed feasibility Kombolcha accompany the study include legal, social, environment, industrial park documentation submitted by financial, and market due diligence. The the EIC to the World Bank feasibility study should identify if there is an confirming decision(s) and
DLR3.3: Completion of MoLSA Synthesis Inspection Report for year ending July 7, 2022 to be submitted by December 31, 2022 and for year ending July 7, 2023 to be submitted by December 31, 2023 The report must include a summary of findings across industries/regions and recommended follow-up actions and needs to be endorsed/approved by MoLSA senior management by the end of four months following the reference year. The verification entity will confirm that the report is submitted within the agreed timelines and includes a summary of findings, recommended follow-up actions and endorsement/approval by MoLSA senior management. 4 Ethiopian Investment Board decision made on feasibility study of private sector-led participation in Bole Lemi I, Hawassa, Mekelle, or Kombolcha industrial park DLR4.1: Five (5) EIB Decisions with at least one decision per industrial park The decision must be relevant to the detailed feasibility study that is prepared and include an explanation whether a private sector led option is feasible and include at least one decision per industrial park. EIC should ensure that the detailed feasibility study include legal, social, environment, financial, and market due diligence. The feasibility study should identify if there is an Yes EIC Independent agent hired by the PCU Upon notification from the PCU, the verification entity will check the robustness of the detailed feasibility study and the summary of the minutes of the Ethiopian Investment Board. The verification report will accompany the documentation submitted by the EIC to the World Bank confirming decision(s) and
126671-REVISED-ESSA-P163829-PUBLIC-Disclosed-5-29-2018.docx