SESRIC





Three SESRIC Projects are on the Final List of the 9th Call for Project Proposals of COMCEC Project Funding

 
Date : 12 April 2022 Venue : Virtual-SESRIC, Ankara - Türkiye

Within the framework of the 9th Call for Project Proposals of COMCEC Project Funding, the COMCEC Coordination Office (CCO) has completed the evaluation process and announced the Final List of successful projects that will receive COMCEC Project Funding. Three projects prepared and submitted by SESRIC under three different cooperation areas of COMCEC Strategy were found eligible to be funded in the 2022 implementation period, namely:

  1. Improving the Regulatory Framework for PPPs in Transport Sector in the OIC Member Countries
  2. Fostering Information Technology (IT) Solutions to Improve the Effectiveness of Public Employment Services (PES) in the OIC Member Countries
  3. Strengthening Financial Literacy and Promoting Islamic Finance in the OIC Member Countries

These projects were designed in collaboration with relevant national institutions in the member countries with a view to strengthening the human resources and institutional capacities in the cooperation areas of transport and communication, poverty alleviation and finance in the OIC Member Countries.

In the cooperation area of transport and communication, the Project titled “Improving the Regulatory Framework for PPPs in Transport Sector in the OIC Member Countries” will be implemented, in partnership with the Ministry of Transport and Infrastructure of the Republic of Türkiye, for the benefit of 16 OIC Member Countries. The Project, which consists of an online training course and an online workshop, aims at improving the legal and regulatory framework for Public-Private Partnerships (PPPs) in the transport sector in the OIC Member Countries.

In the cooperation area of poverty alleviation, the Project titled “Fostering Information Technology (IT) Solutions to Improve the Effectiveness of Public Employment Services (PES) in the OIC Member Countries” will be implemented in partnership with the Turkish Public Employment Agency (IŞKUR), Malaysian Social Security Organisation (SOCSO) and the Ministry of Manpower of the Republic of Indonesia for the benefit of PES Agencies/Institutions from 15 OIC Member Countries. The Project, which consists of a virtual workshop and a virtual training course, aims at strengthening the human resources and institutional capacities of the PES Agencies/Institutions for alleviating poverty in the OIC countries.

In the cooperation area of financial cooperation, the Project titled “Strengthening Financial Literacy and Promoting Islamic Finance in the OIC Member Countries” will be implemented in partnership with the Central Bank of the Republic of Türkiye (TCMB), Bank Indonesia (BI) and Financial Services Authority (IFSA) of Indonesia for the benefit of Central Banks and Monetary Authorities from 41 OIC Member Countries. The Project, which consists of two virtual training courses and a physical workshop, aims to contribute to the improvement of financial systems and their inclusivity in OIC Member Countries through strengthening intra-OIC collaboration opportunities and solidarity.

The COMCEC Coordination Office (CCO) introduced in 2013 the COMCEC Project Funding (CPF), a financing mechanism that funds projects submitted by the Member Countries and relevant OIC Institutions to realize the strategic objectives and outcomes of the COMCEC Strategy. The funding is provided in the form of a grant through the Development and Investment Bank of Türkiye, which is one of the main bodies in the COMCEC Project Funding scheme. Since the initiation of the CPF, SESRIC has implemented seven projects under various cooperation areas and in accordance with sectoral themes determined by the CCO. For more details about SESRIC projects funded by the COMCEC, please visit: https://www.sesric.org/tcd-activities-projects-funded.php