The Republic of Suriname has received financing from the Inter-American Development Bank toward the cost of the Foreign Investment and Export Promotion Program (FIEPP), project no. SU- L1056. This program is implemented by the Ministry of Foreign Affairs, International Business and International Cooperation (the Executing Agency), through an established Program Executing Unit (PEU). The Executing Agency invites all suitable and qualified candidates to apply for the position of International FDI Consultant. Candidates will be selected in accordance with the procedures set out by the Inter-American Development Bank.
Institution: The Inter-American Development Bank
Country: The Republic of Suriname
Project: Foreign Investment and Export Promotion Program
Sector: Trade & Investment
Loan No.: 4801/OC-SU
Reference No.: FIEPP-46-3CV-CI-1.3
Open to: All Interested Candidates / All Sources
Position: International FDI Consultant
Contract duration: 7 months
Deadline: May 10, 2024
BASIC FUNCTION OF THE CONSULTANCY: The general objective of this consultancy is to assist the Government of Suriname in its efforts to create a dynamic, efficient and effective set of business processes for SITA in order to attract more FDI. SITA is seeking an advisor who will provide mentoring and technical support to the Director of Investments. The advisor is expected to act as a mentor/coach for the Director of Investments. The consultant will support and advise the Director of Investment on strategy, business process engineering, functions of the team, services and/or negotiation with companies, promotion, aftercare, and policy advocacy.
The consultant is expected to play a central role in the capacity building of the Investment team, shadowing SITA operations for a period of 7 months, 75% of the time with an in-country presence. This process is intended to be a hands-on approach to capacity building as SITA establishes and develops their services in a progressive manner.
QUALIFICATIONS: This role is a full-time, 7-month consultancy requiring availability for on-site presence for at least 75% of the consultancy period.
Specific requirements and preferred qualifications for the consultant are as follows:
• A Master’s Degree in International Trade, Economics, Business, Management or field related to this consultancy;
• At least 5 years’ senior-level experience in a major IPA/TIPO running the FDI program or whole agency;
• At least 5 years of experience in the investment attraction field.
• Has participated in investment promotion projects in the Latin American and Caribbean landscape;
• A good understanding of trade and investment policy issues affecting small states;
• Experience in working with a broad range of stakeholders;
• Someone dynamic, flexible, driven, and who gets the job done. Considering the closeness in which the individual will be working with the SITA management team, a conducive personality will be top priority;
• Should be a citizen of an IDB member country;
• Proficiency in English (oral and written) is required. Additional language skills in Dutch are desirable.
Further information including a full Terms of Reference can be obtained by sending an e-mail to the e-mail address below.
Applications for the consultancy must be done by e-mail by submitting a Curriculum Vitae and cover letter in the English language by May 10, 2024 before 15:00 hours Suriname Time (SRT).
Ministry of Foreign Affairs, International Business and International Cooperation
Suriname Investment & Trade Agency (SITA)
Brokopondolaan #97, Corner Mr. Jagernath Lachmonstraat, Paramaribo, Suriname
Attn: Mrs. Jean Djasman, Procurement Specialist, PEU- FIEPP
E-mail: peu-procurement@sita.sr
