FEDERAL REPUBLIC OF SOMALIA MINISTRY OF LABOUR AND SOCIAL AFFAIRS TRAINING AND TVET DEPARTMENT

REQUEST FOR EXPRESSIONS OF INTEREST

(CONSULTING SERVICES)

SKILLS FOR EMPLOYABILITY, INCLUSION AND PRODUCTIVITY PROJECT (SEIP)

RISK MANAGEMENT STRATEGY FOR INFRASTRUCTURAL DEVELOPMENT IN SOMALIA

Social Sector

Financing Agreement reference: 2100155042177

Project ID No.: P-SO-IAO-002

The Federal Republic of Somalia is implementing the Skills for Employability, Inclusion and Productivity Project (SEIP), funded by the African Development Bank (AfDB), with the Ministry of Labour and Social Affairs (MoLSA) as the lead implementing agency. The project is aligned to the National Development Plan (NDP-9) and aims to directly support the Plan’s pillar on economic development which places emphasis on employment and aims to strengthen technical and vocational skills development in order to enhance youth employability and contribute to inclusive growth.

Under Component 2, the project will contribute to knowledge generation and management, including fostering an enabling environment in key economic sectors, and strategies that enhance the retention of a skilled population in the country. Under this component, MoLSA in collaboration and close coordination with other relevant Ministries1, will prepare a risk management strategy for Somalia focusing on the infrastructure sector. The strategy will promote fiduciary accountability, conflict sensitivity and informed decision making for investment by providing guidance on various approaches to risk management that take into consideration the operating context and best practices. This, in turn, is expected to increase investments in the country’s infrastructure sector through various channels including the AfDB managed Somalia Infrastructure Fund (SIF)2.

1 Ministry of Public Works and Reconstruction (MoPWR), Ministry of Transport & Civil Aviation (MoTCA), Ministry of Energy and Water Resources (MoEWR), Ministry of Communication & Technology (MoCT), Ministry of Planning, Economic Development, and Investment (MoPIED), Ministry of Finance (MoF).

2 The SIF is one of the funding windows agreed upon within the Somalia Compact. The Fund’s goal is to support and accelerate Somalia’s inclusive and sustainable economic recovery, peace, and state building. The bulk of activities financed by the Fund are hard infrastructure investment projects,

Effective risk management is critical to sound infrastructural investment, project management and governance. Building a consistent appetite for, and robust culture in managing risk to improving decision-making is important for enhancing outcomes and accountability. When adopted and integrated by an organization, risk management provides insights into, and transparency over material operational, change/growth and disruptive/emerging risks.

The Risk Management Strategy will be developed to improve investors’ understanding of the Somali context related risks, enhance decision-making, minimize threats, leverage opportunities, and maximize successful investment projects. The Risk Management Strategy will build on the existing procedures and will be adapted to the unique context of Somalia to support the delivery of projects in the country and be used as a reference for advancing discussions between the government and development partners on risk management through experience and knowledge sharing.

The consultant will develop a comprehensive Risk Management Strategy for Infrastructural Investments in Somalia outlining contextual analysis for investment in infrastructural projects, common risks, tailor made risk management approaches and mitigation measures. The consultant will also support the dialogue and discussion with and between public and private stakeholders active in infrastructure on risks and adaption measures for infrastructural investment projects in Somalia.

The assignment will be contracted for 90 working days over a period of 4 months. The consultancy firm is expected to start work as soon as the contract is signed. Key deliverables are indicated in the Terms of Reference (TORs) detailed in Annex I.