As a development institution, with a mission to promote private enterprise growth and job creation in the developing world, IFC helps clients understand the business case for social and environmental responsibility: lower costs, reduced political risk, increased productivity, and brand enhancement. IFC’s transportation projects have created:
- Over 67,000 direct manufacturing jobs, plus thousands of indirect jobs in related service industries such as maintenance, gas stations, auto finance, and insurance
- Significant contributions to economic growth through revenue generated by the sector and indirectly through better access to goods, services, and markets
- Managerial and technological know-how, contributing to growth of manufacturing in emerging market countries
- Improved corporate governance and higher environmental, technical, and safety standards, with emphasis on energy efficiency, climate change, and cleaner production
- Strong foreign exchange earnings
- Enhanced supply chain management
