Expression of Interest For Legal Consultant For Bina Harbor Project

Expression Of Interest Are Invited For Legal Consultant For Bina Harbor Project In Solomon Islands. Solomon Islands Has A Valuable Tuna Resource, Accounting For Around 7 Percent Of The Total Western And Central Pacific Ocean (Wcpo) Catch, The Largest Tuna Resource Globally. Solomon Islands Relies On Tuna For Revenue From The Sale Of Access Rights, Food Security And Exports. There Is One Local Processing Operation At Noro In The North Of The Country, But The Bulk Of The Catch Is Taken By Foreign Fishing Vessels Under Licensing Agreements And Processed Elsewhere. The Ministry Of Fishery And Marine Resources (Mfmr) Has Developed An Onshore Tuna Processing Public Private Partnership (Ppp) Concept That Involves Competitive Allocation Of Solomon Islands Tuna Fishing Rights To An Investor That Commits To Process The Catch Taken Onshore, At A Processing Plant The Investor Will Construct And Operate At Bina Harbor, Malaita. Mfmr Is Engaging The Transaction Advisory Services Of International Finance Corporation (Ifc) To Design This Ppp (The Project). In This Context, Ifc Is Seeking The Services Of A Legal Counsel Firm That Will Assist Ifc With All Legal Aspects Of The Project, Including Review And Assessment Of Legal And Regulatory Framework, Payment Mechanisms And Risk Allocation, Preparation Of A Term Sheet, Drafting Of The Project Agreements And Developing A Tender/Procurement Strategy. Publication Date: 29-Mar-2022 Expression Of Interest Deadline: 13-Apr-2022