Rehabilitation of Economic Infrastructure

The infrastructure component of LEAP provides support to the public and private sector for the rehabilitation of economic infrastructure that is directly linked to attracting a critical mass of investment to Region 10. To minimize investment failures, priority is given to initiatives with feasible business plans that address critical economic and developmental gaps in the region and contributes to sustainable job creation.

It is anticipated that the following categories will be supported:

Public-Private Partnerships

• Rehabilitation and upgrading of river and road transportation and port facilities.
• Development of bond facilities and service centers

Development of Industrial Infrastructure

• Basic rehabilitation and customization of public buildings to be privatized.
• Industrial site development with basic infrastructure development.
• Basic support for individual and cooperative investments.
• Utility connections, bridge to site, back up power generation or production machinery.
• Small and medium industrial development incubator to be provided to manufacturers creating a minimum number of new jobs.

Community Initiatives
Support through basic infrastructure or equipment, allowing community groups already engaged in an existing economic activity to develop their business potential.

Feasibility Studies
Viability assessments of targeted investment to identify investors and prepare cost estimates for interventions and accompanying technical assistance can be provided.

Criteria
Support is provided through this component within a framework of direct investment by a private investor, the guarantee of investment, or significant evidence that completion of the works will result in direct new private sector investment leading to the creation of new employment opportunities in Region 10.