Maldives
BACKGROUND
The Maldives Fund Management Corporation (MFMC) is a 100% state-owned company, with a mandate of fulfilling national development goals through increased private sector investment and addressing limitations in the local financial system. The company seeks to support sustainable economic transformation via innovative capital market solutions catering to the financing needs of the Maldivian economy, while embracing social and environmental responsibilities.
The European Union is providing EUR 2 million as grant aid for the project ‘EU Support for a Resilient Recovery of SME Tourism Industry in the Maldives’. The overall objective of the project is to enable the Maldives to create a more resilient and diversified economy by enabling tourism sector SMEs to recover from the COVID-19 crisis. In addition to a EUR 1,400,000 direct transfer component, the project will also provide EUR 600,000 towards technical assistance which will be directed to training programs for beneficiaries aimed at improving business operations, financial management, sustainable waste management and creating access to international markets. Furthermore, the technical assistance component will also support set-up of an Online Travel Agent (OTA) system which will act as a strategically important tool that is expected to play a crucial role in retaining value created by the industry and promoting growth of tourism related SMEs.
SCOPE OF THE ASSIGNMENT
The project will be delineated into two main components where the first component is for three months which involves research, development, and implementation of the OTA. The second component is for an additional duration of three months and involves liaising with the development team to provide necessary assistance, ensuring the development and implementation of the OTA
QUALIFICATION OF CONSULTANT
Maldives Fund Management Corporation Limited (MFMC) now invites eligible Individuals (“Consultants”) to indicate their interest in providing the Services. Interested individuals should provide information demonstrating that they have the required qualifications and relevant experience to perform the Services.
- Letter of Expression of Interest
- A copy of the National ID card of the Consultant
- Detailed and updated Curriculum Vitae
- Academic certificates, supporting documents/ reference letters of previous/relevant assignments carried out by the Consultant.
SELECTING A CONSULTANT
An Individual be selected in accordance with the Individual Selection Method (IC).
Further information can be obtained at the address below during office hours [0930 to 1400 hours].
For registration email below address by 1300 hours Maldivian time on October 23, 2022, marked “Consultancy Services – IT Specialist”
Expressions of interest must be delivered in a written form to the address below (in person, or by mail, or by fax, or by e-mail) by 1300 hours Maldivian time on November 02, 2022, marked “Consultancy Services - IT Specialist”
Procurement Department,
Maldives Fund Management Corporation,
9A & 9B, H. Orchid,
Ameer Ahmed Magu, Male’, 20095,
Republic of Maldives
Tel: (960) 331 6362
