IFC and BNDES Help Brazil Accelerate Major National Road Improvement Project
Sao Paulo, Brazil, October 13, 2009 — With assistance from IFC, a member of the World Bank Group, and the Brazilian Development Bank (BNDES), the government of Brazil has signed a 25-year concession agreement with the Rodobahia Consortium to upgrade and expand nearly 700 kilometers of federal roads in the State of Bahia.
IFC and Kazakhstan Public-Private Partnership Center Promote Infrastructure Development
Aktau, Kazakhstan, September 17, 2009 — IFC and the Kazakhstan Public-Private Partnership Center today signed an agreement to cooperate on increasing private sector investments in the country’s infrastructure.. Read more...
Benin, Groupement Bolloré Sign IFC-Structured Port Concession to Improve West African Trade Prospects
Cotonou, Benin, September 10, 2009 — IFC, a member of the World Bank Group, today announced the signing of a 25-year concession agreement for the South Wharf Container Terminal between the government of Benin and the Groupement Bolloré that promises to increase trade between landlocked countries in West Africa and the rest of the world. Read more...
IFC to Help Maldives Improve Waste-Management Infrastructure
Malé, Maldives, September 1, 2009—IFC, a member of the World Bank Group, will work with the government of Maldives to modernize the country’s solid-waste-management system to improve public health, limit environmental pollution, and help protect fragile coral reefs and marine habitats. Read more...
IFC to Help Modernize Maldives Airport to Sustain Tourism-based Economy
Malé, Maldives, August 18, 2009—IFC, a member of the World Bank Group, will work with the government of Maldives to modernize the Malé airport to improve efficiencies, provide better services to passengers, and help sustain the country’s tourism-based economy amid the global slowdown. Read more...
IFC Helps Egypt Complete First Public-Private Infrastructure Transaction
Cairo, Egypt, July 1, 2009 – Egypt’s government has selected the winning bidder for the country’s first public-private partnership project, a large wastewater facility that will greatly improve sanitation services at a new city outside Cairo. Read more...
IFC Working with Saudi Arabia to Help Expand Medina Airport
April 21, 2009- IFC is advising the General Authority of Civil Aviation structuring a public-private partnership model to expand the airport. The private sector partner will be chosen through a competitive bidding process. This important infrastructure project will help the airport improve operations. Read more...
IFC to Advise Tajik Government on Developing Bolshoi Konimansur Silver Mine Deposits
March 12, 2009- IFC The government of Tajikistan has appointed IFC, a member of the World Bank Group, to be the lead advisor in selecting a private investor to develop the Bolshoi Konimansur mine’s silver deposits project, which is expected to generate significant benefits for the country. The first of its kind in Central Asia, the infrastructure advisory agreement presents an opportunity to develop a project that possibly holds one of the world’s larger silver deposits and could help strengthen Tajikistan’s fiscal resources. IFC is committed to ensuring a transparent and competitive process for the selection of a developer. Read more...
IFC Helps Privatize Albania’s Electricity Distribution Company to Improve Power Supply
March 11, 2009- The government of Albania today signed a contract for the sale of 76 percent of the shares of OSSH to Czech power utility ČEZ. IFC advised the government on the unbundling of the company, structuring the transaction, and executing an open, transparent and competitive bidding process. Read more...
IFC to Help Bhutan’s Drukair Offer Improved, Affordable Services to Passengers
February 19, 2009- IFC IFC, a member of the World Bank Group, will work with Bhutan’s state-owned airline, Drukair, to review the airline’s operations to increase efficiencies and provide better services to passengers at affordable cost. Read more...
IFC Supports Landmark Hospital Project in Lesotho
October 29, 2008- IFC, a member of the World Bank Group, together with a regional consortium led by health group Netcare and the government of Lesotho, announced a landmark public-private partnership agreement to build a state-of-the-art public hospital that will dramatically improve the quality of medical services in the country. Read more...
IFC Helps Find Investors for Albania’s Ashta Hydropower Plant
September 30, 2008— The government of Albania and Verbund, Austria’s largest electricity company, today signed a concession agreement to develop Ashta Hydropower, a new plant that will contribute to Albania’s power generation capacity, helping reduce dependence on imports and decrease blackouts. IFC advised the government on structuring and implementing the public-private partnership projects. Read more...
IFC Retained as Lead Financial Advisor to Help Mobilize Private-Sector Investment for Ring Road Project in Jordan
September 29, 2008 — IFC will help mobilize private sector investment for the 118-kilometer expressway, the first road project to be delivered by the private sector under Jordan’s public-private partnership program. The expressway is being built in three phases. The first phase is underway and implemented by the Ministry of Public Works and Housing. It involves the construction of a 41-kilometer road to be completed in 2010. The second and third phases will involve a 77-kilometer road. The road will eventually be operated and maintained by the private sector. Read more...
IFC Facilitates Public-Private Partnership to Develop Rural Electrification Project in the Philippines
September 1, 2008 — IFC has helped broker a power supply agreement in the Philippines that will benefit 330,000 people, over half of whom will gain access to electricity for the first time. Services will be improved for those who already have access to electricity. Read more...
IFC Advises Montenegro on Public-private Partnership for New Motorway
May 20, 2008 — IFC signed an agreement with Montenegro’s Ministry of Transport, Maritime Affairs, and Telecommunications to provide advisory services on structuring and implementing a public-private partnership for the Bar-Boljare Motorway to help improve transportation. IFC will serve as lead advisor to the ministry, helping attract developers for the new road. Read more...
IFC to Support Yemen in Implementing Public-Private Partnerships in Infrastructure Sectors
February 25, 2008 —IFC signed a memorandum of understanding with the Republic of Yemen’s Ministry of Planning and International Cooperation to provide advice and help implement public-private partnership projects in priority sectors, including power and transport. This initiative supports the government’s ambitious program to improve infrastructure and build a legal, regulatory, and economic environment that fosters sustainable private sector participation in public services. Read more...
IFC to assist Andhra Pradesh with public-private partnerships for infrastructure development
November 28, 2007 — IFC, a member of the World Bank Group, has been appointed as the lead advisor to the Infrastructure Corporation of Andhra Pradesh, known as INCAP, as it implements several public-private partnership projects in the state. IFC’s advice and support to INCAP will provide an impetus to infrastructure development, thus promoting further economic development in the state. Read more...
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