Five teams of local and European companies have been given until the end of September to submit proposals for an EU-funded contract to advise the Finance Ministry on financial sector reforms. The Eur 6 million ($7.4 million) contract covers policy advice and training in three areas: direct and indirect taxation; state budgeting; and accounting and customs. Ten teams expressed interest in the contract, which is scheduled to start in January and will run for 42 months.
The award is subject to the conclusion of a financing agreement worth Eur 53 million ($64 million) under the EU's MEDA economic development programme, expected to be signed in October between Brussels and Damascus. The agreement also covers further grants worth Eur 6 million to modernise the country's banking sector, Eur 21 million ($25.7 million) to develop vocational training in the textiles sector and Eur 18 million ($22.1 million) to modernise six city administrations (MEED 13:8:04). The shortlisted teams are: BCEOM, France, with GOPA Consultants, Denmark; Crown Agents, with PKF, both of the UK, Altair Asesores, Spain, and Takriti, Abidinand Malas, all local; GIP-ADETEF, France, with GTZ, Germany, SOFRECO, France, and ADC, local; Maxwell Stamp, with EMG, both of the UK; SEMA Belgium, with PricewaterhouseCoopers, IBFD, Netherlands, and INCOM, Greece.
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