Public Benefits of Wholesale Markets Public Benefits of

Public Benefits of Wholesale Markets

Public Benefits of Wholesale Markets 1. Market Transparency, Competition and Efficiency 2. Food Safety 3. Farmers’ Access to Markets

Market Transparency, Competition and Efficiency

Food Safety

Farmers’ Access to Markets

Ownership & Management Models § Municipal § Corporate § Concession/Lease Agreement

Model 1 - Municipality Market Department Ownership Management

Model 2 – Public/Private Market Company Public (Municipality Oblast, State) Private (Investors) Private (Market Users) Ownership (Assets) Management (Market)

Model 3 – Public/Private Asset Management Company & Market Operations Company Asset Management Company • Public? (State, Oblast, Municipality? ) Market Operations Management Company Concessions Lease Agreement • Private? OWNS ASSETS OPERATES MARKET/PAYS RENT

Financing Modalities 1. 2. 3. 4. in-kind (land? ) grant equity loan

Financing Modalities World Bank loan ? grant? conditions in kind (land? ) to be equity? defined ! State Other public entities (oblast, municipality, etc) in kind (land? ) equity? Private investors equity? Market Company

Relocation of trading activity Stick? § “Exclusion Zones” § Minimum Requirements § Existing Regulations Carrot? § Good Services § Attractive Fees

Masterplan for investment § Rational Use of Public Money § Prerequisites for Investment

Conclusions & next steps in project preparation 1. Project Preparation Facility 2. Masterplan 3. Feasibility studies and business plans

Working Group 1. Confirm Willingness to Participate 2. Share Reactions and Thoughts with Working Group 3. Consult/Read material 4. Identify and contact leading sponsors/investors