1. For development of the Local Private Sector in Suriname www.surinamebusinessforum.org

2. Index  History  Strategy  Action Plan  Expected Results www.surinamebusinessforum.org

4. Short History  19.05.1999: Joint vision about the development of the business (ASFA, VSB, KKF)  11.09.2000: establishment of SBF by the minister of Trade and Industry  25.05.2005: Approval of the draft law SBF by the Council of Ministers  18.10.2006: Approval of the Law SBF by Parliament  01.06.2007: SBF operational  01.05.2008: SBC (executive office of SBF) operational www.surinamebusinessforum.org

5. Lessons learned: No Change=stagnancy=no progress World Bank Ease of Doing Business Ranking 2011 2010 2009 2007 Belize 99 93 78 56 Guyana 100 101 105 136 Jamaica 81 79 63 50 St Lucia 53 4534 27 T’dad& Tob. 97 95 80 59 SURINAME 161 160 146122 www.surinamebusinessforum.org

6. Objectives SBF  Platform for Public – Private Dialogue for Development of the Local Private Sector (LPS) in Suriname  Creation of favorable conditions for the LPS  Formulation and implementation of a National Strategic Action Plan for the development of the LPS www.surinamebusinessforum.org

7. SBF MEMBERS Business / Employers Associations Government Institutions Civil Society Organizations SBF platform for dialogue www.surinamebusinessforum.org ASFA KKFVSBLVVJ&PFINHI WBG ADEK RAVAK SUR

8. The role of the Public and Private Sector as well as the Business Organisations  Public sector: Regulator, facilitator and promoter:  Stimulation of entrepreneurship  Creation of a favorable investment climate  Private sector : Motor of the economy:  Creation of employment  Sustainable economic growth  Business Organizations: Represent and/or look after the issues :  of enterprises  institutional consolidation  capacity building www.surinamebusinessforum.org

9. IN THE STRATEGIC ACTION PLAN 2011 – 2015:  Assertive and committed joint implementation of actions  Effective participation on dialogues within the platform  Creating facilities and extend resources  Pro-active stimulation i.e. promotion  Mutual associated adjustment  Take responsibilities and proceed accordingly Contribution Public and Private Sector organizations

10. Performance SBF/SBC for the LPS  EU project executed from 01.01.2008 – 30.06.2010  Formulation National Strategy for development of the LPS 2010 – 2010  Formulation National Strategic Action Plan 2011 – 2015 for the creation of a favourable business climate  Workshops, Seminars, Trainings etc. accomplished by SBF/SBC for the LPS  Reform of permits for businesses and professions  Exemption from import duties on capital goods  Simplification of the establishment of Limited Liability Companies  Exemption from import duties on ICT equipment  Initiative for formulation of the Economic Development Plan / Business Climate Reform (Long Term Integrated Industrial Plan)  Contribution to the Development Plan 2012 – 2016  {Contribution to the promotion of Suriname at the commencement of the Embassy of Suriname in Paris (2011)} www.surinamebusinessforum.org

12. Our Aspirations The Local Private Sector, mainly active in sustainable growth sectors, is the most competitive in the CARICOM in 2020 www.surinamebusinessforum.org

13. National Strategy 2010 – 2020  Gradually expansion of the Surinamese economy: Focus on sustainable growth sectors  At least 50% of the revenues from the exhaustive miningsector, allocated for: Efficient absorption for concrete implementation of development programs in sustainable growth sectors  Export orientation: A combination during transition instead of import substitution www.surinamebusinessforum.org

14. Conditions  Capacity building: Public and private sector and business organizations  An efficient government: Focused on innovative development of the LPS  Growth and development of entrepreneurship  Integrated procedures for innovative economic development Long term integrated industrial program www.surinamebusinessforum.org

15. Core AreaObjectivePriorityIndicator/Target I. Rules and Regulations for the LPS (Total 24 actions) Improved Legal Framework for the LPS High level Legal Steering Committee in 2012 Legal Data base in 2013 Annually a minimum of 20 adopted and published acts II. Domestic Direct Investments and Foreign Direct Investment (Total 18 actions) Increased Domestic and Foreign Investments Suriname Investment Promotion and Export Agency established in 2012 Annually increase of DDI with a minimum of 10% and FDI with a minimum of 5 % III. Competitiveness of the LPS (Total 17 actions) Increased CompetitivenessEstablishment of 2 sustainable functioning 2 clusters in 2012 Annually increase of exports with a minimum of 10% IV. Sustainable growth sectors (Total 8 actions) Developed sustainable (growth) sectors Formulation and Execution of a Long Term Integrated Industrial Program in 2012 Annually increase of production and export from (growth) sectors with a minimum of 5% V. (Business) Services for the Local Private Sector (Total 14 actions) Improved (business) services Simplification of “Doing Business” in Suriname in 2012 E-government and E- Services at BSOs operational by 2012 Single Electronic Window – ESW operational by 2014 VI. Public and Private Dialogue (PPD) (Total 7 actions) Improved dialoguesTo initialize, encourage and evolve continuos effective and efficient dialogue Annually a minimum of 4 effective PPDs National Strategic Action Plan (NSAP) 2011- 2015  Six Core Areas: total 88 actions www.surinamebusinessforum.org

16. Core Area I:  Objective: Improved Legal Framework for the LPS  Priority 1: Legal Steering Committee and Legal Database  See the NSAP 2011-2015 for the remaining 23 activities ActivityTriggerIndicator / target Preparation and establishment of Legal Steering Committee and Legal Database SBF Legal Steering Committee operational en Legal Database started in Q3-2013. "Ongoing process" www.surinamebusinessforum.org

17. Core Area II:  Objective: Increased Domestic and Foreign Investments  Priority 1: Investment and Export Promotion Agency  See the NSAP 2011-2015 for the remaining 17 activities ActivityTriggerIndicator / target Establish and operationalize of Suriname Investment and Export Promotion Agency (SIEPA) Ministry Finance/ Trade and Industry -SIEPA established in 2012 - FINPYME program implemented (capacity building of already exporting companies and companies with export potential) www.surinamebusinessforum.org

18. Core Aea III:  Object: Increased Competitiveness  Priority 1: Capacity building of the LPS  See the NSAP 2011-2015 for the remaining 16 activities ActivityTriggerIndicator / target Capacity building of relevant stakeholders Ministry Finance / Trade and Industry Annually a minimum of 2 realised trainingsprograms www.surinamebusinessforum.org

19. Core Area IV:  Objective: Developed sustainable (growth) sectors  Priority 1: Execution of development programs in sustainable growth sectors  See the NSAP 2011-2015 for the remaining 7 activities ActivityTriggerIndicator / target Active contribution to the formulation and execution of strategic development programs for the (growth) sectors (Development Program 2012-2016) Ministry Finance Annually a minimum of 2 development programs executed, based on the Long Term Integrated Industrial Plan www.surinamebusinessforum.org

20. Core Area V:  Objective: Improved (business) services  Priority 1: Simplification of “Doing Business” in Suriname  See the NSAP 2011-2015 for the remaining 13 activities ActivityTriggerIndicator / target Preparation and Execution of “Ease of Doing Business” project Ministry Trade and Industry Operational en functioning E-government in 2012. The “Ease of Doing Business ranking" will be between 100 and120 in 2012. In 2013 below 100. DDI en FDI in 2015 increased with a minimum of 15%. Annually increase of registered companies at the Chamber with a minimum of 10%. Single Electronic Window – SEW operational in 2014 www.surinamebusinessforum.org

21. Core Area VI:  Objective: Improved dialogue  Priority1: Creation of a broad supporting area for the execution of the National Strategy  See the NSAP 2011-2015 for the remaining 6 activities ActivityTriggerIndicator / target Plan a dialogue structure between all relevant partners and stimulation of dialogue SBF Annually a minimum of 3 PPDs functional www.surinamebusinessforum.org

23. Expected Results  C1: Legal Steering Committee operational  C2: Functioning Investment and Export Promotion Agency  C3: Reinforced capacity of public and private sector and businesses  C4: Clusters developed: Agricultural sector / Agro industry – Tourism  C4: Implementation programs for 3 sustainable growth sectors in execution  C5: Operational E-Government and SEW  C6: Efficient dialogue – PPDs www.surinamebusinessforum.org

24. Conditions CORE VALUES: CODE OF CONDUCT  Integrity  Customer Directed  Professionality  Innovation  Commitment  Responsibility  Leadership www.surinamebusinessforum.org

25. Target 2013  SURINAME in de top 90 of the Worldbank Ease of Doing Business Ranking  SUSTAINABLE EMPLOYMENT for a minimum of 80% of the labour force  RELEVANT FOOD SHED of the Caribbean region  MORE EXPORT than import www.surinamebusinessforum.org

26. Missing enforcer – to date! Exclusively  The Will  The Guts  The Authorisation www.surinamebusinessforum.org of the HIGHEST POLITICAL LEAD in Suriname can guarantee SUCCESFULL IMPROVEMENTS

27. Closing Remarks  Less words, More ACTIONS.  Implementation of reinforcement in the Civil Service  Government Investments for improvement of the business environment Are stimulating growth and innovative development of the Surinamese economy  The Public – Private Sector as well as Businesses must take their responsibilities - OWNERSHIP www.surinamebusinessforum.org

28. THAT is the difference! www.surinamebusinessforum.org

29. Questions  For more information: www.surinamebusinessforum.org www.sbc.sr SBC, Executive Office SBF Hofstraat 1, 4 th Floor 471521 www.surinamebusinessforum.org