TNAG-2743-FCO40-3958-Visits-by-Commonwealth-officials--ministers-and-public-figur-1993 — Page 65

FCO40 Hong Kong Department Records 聯邦事務部香港部檔案 All

A quarter of Posts could suggest no way in which CDC could

improve their effectiveness.

permanent

countries.

local

A number would like to see

representation established in their

Other suggestions included more and better

quality CDC staff, more funds, better project appraisal and

management.

Question 3

What constraints, if any, do CDC face in pursuing their

objectives?

Also

Slow and inefficient local bureaucracy was identified as

the single most important constraint on CDC.

mentioned were recipient government limitations on foreign

investors, IMF conditionality, the weak state of the

economy, the absence of an active private sector, low

commodity prices, bad debts on previous CDC investments and

corruption.

Question 4

In what

what projects would you like

like CDC to invest (eg

(eg by

sector, regions, public/private etc)?

for your answer.

Please give reasons

In some countries Posts believed CDC had little choice but

to

invest in limited sectors,

(eg agriculture,

horticulture, forestry); in others infrastructure (power,

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