Equal Access and Simplified Environment for Investment (EASE) in Egypt

Abstract*

The objective of the Equal Access and Simplified Environment for Investment (EASE) Project in Egypt is to improve the regulatory environment for investors through simplified licensing and transparent industrial land allocation processes. There are three components to the project. The first component being facilitating accessible and transparent investor services (GAFI). The project aims to support GAFI to become the national platform facilitating... Show More

Development Objective

<p>To improve the regulatory environment for investors through simplified licensing and transparent industrial land allocation processes.</p>

Key Details

Project Details

Project ID
P153487
Status
Closed
Team Leader
Aminur Rahman
Borrower 2
The Arab Republic of Egypt

Country
Egypt, Arab Republic of
Disclosure Date
January 29, 2015
Approval Date
(as of board presentation)
October 2, 2015
Effective Date
April 20, 2016

Total Project Cost 1
US$ 5.00 million
Implementing Agency
Industrial Development Authority (IDA),Egyptian Regulatory Reform and Development Activity (ERRADA),General Authority for Foreign Investments and Free Zones (GAFI)
Region
Middle East and North Africa
Fiscal Year 3
2016

Commitment Amount
US$ 5.00 million
Environmental Category
C
Last Update Date
September 30, 2022
Closing Date
December 11, 2021

Consultant Services required
Yes
Last Stage Reached
BANK APPROVED

Associated Projects
P171088

Notes
1. Total project cost includes funding from World Bank and non-bank sources in US$ millions. Active and Closed projects show current commitments. Proposed (pipeline) and dropped projects show the forecast amount. The commitment amount for projects in the pipeline is indicative and may be modified during the project preparation.
2. Borrower refers to the Borrower of a Loan or Recipient of a Grant.
3. ”Fiscal Year” is the fiscal year in which the project was approved (or dropped if the status is dropped). The World Bank's fiscal year is from July 1 - June 30. For example, a fiscal year of 1996 corresponds to July 1, 1995 - June 30, 1996.

Sectors

Themes

FY17 - Finance

FY17 - Financial Infrastructure and Access10%
- FY17 - MSME Finance10%

FY17 - Private Sector Development

FY17 - Business Enabling Environment30%
- FY17 - Regulation and Competition Policy30%
FY17 - Enterprise Development30%
- FY17 - MSME Development30%
FY17 - Jobs100%

FY17 - Public Sector Management

FY17 - Public Administration30%
- FY17 - Municipal Institution Building30%

Project Map

Interactive Map

Finances

Financing Plan (US$ Millions)

Financier	Commitments
MENA Transition Fund - IBRD as Implementing Agency	5.00

Total Project Financing (US$ Millions)

Product Line	IBRD/IDA
IBRD Commitment	N/A
IDA Commitment	N/A
IBRD + IDA Commitment	N/A

Lending Instrument
Grant Amount	5.00
Total Project Cost**	5.00

Summary Status of World Bank Financing (US$ Millions) as of February 28, 2025

No data available.

Detailed Financial Activity as of February 28, 2025

No data available.

Ratings

IMPLEMENTATION RATINGS

Name	Review	Date
Procurement	Moderately Satisfactory	2021-10-12
Financial Management	Moderately Satisfactory	2021-10-12
Overall Implementation Progress (IP)	Moderately Satisfactory	2021-10-12
Progress towards achievement of PDO	Satisfactory	2021-10-12
Project Management	Moderately Satisfactory	2021-10-12
Monitoring and Evaluation	Satisfactory	2021-10-12

COMPLETION RATINGS

INDICATOR	IMPLEMENTATION COMPLETION & RESULTS REPORT: 10-01-2022
Outcomes	Substantial
Risk to Development Outcome
Bank Performance	Moderately Satisfactory
Borrower Performance
Government Performance
Implementing Agency

INDEPENDENT EVALUATION RATINGS

INDICATOR	ICR REVIEW: 04-18-2023	PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome Rating	Satisfactory	N/a
Risk To Development Outcome		N/a
Bank Performance	Moderately Satisfactory	N/a
Borrower Performance		N/a
Government Performance		N/a
Implementing Agency		N/a
Icr Quality	Substantial	N/a
M&e Quality	Substantial	N/a

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

Average duration of Licensing Processes Value 320.00 28.00 0.00
Date July 1, 2015 December 11, 2021
Comment
Number of days to comply with the Industrial Licesning process (High Risk) Value 640.00 55.00 0.00
Date July 1, 2015 December 11, 2021
Comment
Number of days to comply with the Business Licensing process Value 8.00 1.00 0.00
Date July 1, 2015 December 11, 2021
Comment
Number of land allocation requests processed through the reformed land allocation system Value 0.00 2080.00 0.00
Date July 1, 2015 December 11, 2021
Comment

INTERMEDIATE RESULTS INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

GAFI - CRM Platform Operational in OSS Branches Value 0.00 12.00 0.00
Date July 1, 2015 December 11, 2021
Comment
IDA - Implementataion of reformed licensing processes completed Value No Yes
Date July 1, 2015 December 15, 2019
Comment
Regulatory Reforms Proposed Value 0.00 25.00 0.00
Date July 1, 2015 December 11, 2021
Comment
GAFI - Mapping/Simplification of Entry procedures completed Value No Yes
Date July 1, 2015 December 11, 2021
Comment
IDA - Risk based approach for industrial technical evaluation applied Value No Yes
Date July 1, 2015 December 15, 2019
Comment
ERRADA - Private Sector consultation on regulatory reform mechanism applied Value 0.00 23.00 0.00
Date July 1, 2015 September 8, 2021
Comment
GAFI - Sector licensing requirements consolidated/ published on GAFI Portal Value 0.00 474.00 0.00
Date July 1, 2015 December 11, 2021
Comment
IDA - Industrial Licensing System deployed in IDA branches Value 0.00 10.00 0.00
Date July 1, 2015 December 15, 2019
Comment
ERRADA - Capacity building workshops for ERRADA staff completed Value 0.00 33.00 0.00
Date July 1, 2015 September 8, 2021
Comment
GAFI - Number of Online Business Registrations Value 0.00 436.00 0.00
Date July 1, 2015 December 11, 2021
Comment
IDA - Online Industrial Land Allocation system deployed Value No Yes
Date July 1, 2015 December 15, 2019
Comment
Number of ERRADA staff trained in workshops Value 0.00 20.00 0.00
Date June 30, 2015 September 8, 2021
Comment
GAFI - Capacity Building workshops for GAFI OSS staff completed Value 0.00 35.00 0.00
Date July 1, 2015 December 11, 2021
Comment
IDA - Industrial Developer Land Allocation framework designed and deployed Value No Yes
Date July 1, 2015 December 15, 2019
Comment
Number of GAFI OSS staff trained in workshops Value 0.00 200.00 0.00
Date July 1, 2015 December 11, 2021
Comment
IDA - Capacity building workshops for IDA branch staff completed Value 0.00 10.00 0.00
Date July 1, 2015 December 15, 2019
Comment
Mapping/Simplification of Licensing sub-processes completed Value 0.00 15.00 0.00
Date June 1, 2015 September 8, 2021
Comment
Number of IDA Staff trained in Workshops Value 0.00 84.00 0.00
Date June 1, 2015 September 8, 2021
Comment