COCI urges businesses to register for webinar on country’s reconstruction | THE DAILY HERALD

From left are: Interim Recovery Committee Procurement Officer Thijn Laurense and COCI Board Member and Project Liaison. Jennifer Carty.

PHILIPSBURG–St. Maarten Chamber of Commerce and Industry (COCI) is appealing to the business community to register for what it calls “an interactive webinar,” on the reconstruction of the country via the Trust Fund managed by the World Bank, which is scheduled for Wednesday, May 9.

The virtual presentation will take place at the Convention Room of Simpson Bay Resort and Marina from 8:30am to 11:30am.

The government of the Netherlands, along with the Chamber of Commerce and Industry of the Caribbean part of the Kingdom, are hosting a series of information sessions, the first of which will be held on May 9.

The Sint Maarten National Recovery Programme Bureau (NRPB), the World Bank and the Netherlands Enterprise Agency (RVO) will be providing information about tenders and procurement rules of the World Bank.

COCI is assisting by encouraging the Sint Maarten business community to participate in the webinar and learn more about the reconstruction opportunities that exists for construction companies, engineer bureaus, building material suppliers, environmental and management consultants and other types of businesses.

Those interested should register by Tuesday, May 8, by visiting the website:

“These information sessions are an excellent opportunity for local businesses, who may not be familiar with international tender regulations, to gather that much-needed knowledge. As more tenders are released in the next months it is our desire to have as many local companies as possible participate, be it in joint ventures or as individual companies,” NRPB Director Claret Connor said.

The programme entails on-site attendance registration from 8:30am to 9:00am; opening words by Erwin Arkenbout from 9:00am to 9:05am; presentations by World Bank, RVO and NRPB from 9:05am to 10:15am; questions and answers from 10:15am to 10:45am; closure of the webinar and announcement follow-up at 10:45am.

The presentations by the World Bank, RVO and NRPB will cover the following subjects: functioning of the World Bank; tender process (timeframe, size, formats and what’s expected from participating companies); procurement rules; collaboration and possible opportunities to form joint ventures; practical information and information sources.

NRRP has posted damages caused by Hurricane Irma at approximately US $1.38 billion. NRRP serves as the roadmap for investments related to the Recovery, Reconstruction and Resilience Trust Fund (SXM TF) which was established to respond to the devastation caused by the September 6, 2017 hurricane.

The SXM TF is financed by the government of the Netherlands for up to US $553.4 million and managed by the World Bank. The government of Sint Maarten implements the activities financed by the fund in partnership with the World Bank.

The top priorities for the NRRP are the basic needs of the people of Sint Maarten which includes food, shelter, health and livelihood. The plan also focuses on medium- and long-term dealing with the revitalisation of the economy in a sustainable manner, such as infrastructure – building back better – waste collection and processing.

COCI said it believes this is “a great opportunity” for the business community in Sint Maarten to participate in the medium- to long-term reconstruction of the country and encourages them to register for the webinar where they can receive information and ask questions.

Source: The Daily Herald