How ICP Procedures is as below :
|
Project |
Content |
|
Screening of procurement projects that require industrial cooperation |
Reviewed by relevant procurement agencies and the ICP Office. |
|
Stipulation of ICP specifications |
Preparing ICP specifications by the ICP Office for use by the agency; taking into account of the nature of the procurement project. |
|
Negotiations of Industrial Cooperation Agreement(s) and ICP plan(s) |
Negotiations between foreign contractors and the ICP Office, submission of draft ICP plans by foreign contractors, and review of the draft ICP plans by relevant experts. |
|
Execution of Industrial Cooperation Agreement(s) |
Signing of the industrial cooperation agreement by and between IDB and foreign contractors. |
|
Preliminary approval of eligible ICP transaction(s) |
Review of the eligible ICP transactions proposed by foreign contractors; Submission of the proposal to the Executive Committee for preliminary approval. |
|
Monitoring implementation of eligible ICP transaction(s) |
Monitoring the progress of ICP projects by the ICP Office. |
|
Final approval and credit-granting for implemented eligible ICP |
Review and determination of the final credits to be granted by the Executive Committee upon completion of the eligible ICP transaction and provision of the relevant information by foreign contractor. |
|
Review and completion of ICP |
Compilation of data on ICP performance and achievements. |