10 – GOVERNANCE

1. MECI will manage the Scheme and will set up a committee (the Committee) for the technical and economic evaluation of the submitted bids and the selected projects’ realizations. The Committee will comprise of authorised staff from various departments and will be responsible for handling the applications and performing any duties assigned to it in relation to the evaluation, monitoring, inspection, or any other work deemed reasonable for the committee to manage the project. The responsibility for the implementation and modification of the Scheme lies with the Council of Ministers.
2. The Council of Ministers retains the authority to modify future tender procedures based on insights gained and prevailing market conditions to maximize the effectiveness of grant funding, following the Committee’s report and recommendations. There is also the possibility of consolidating several procedures into a single comprehensive process.

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