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Global Manufacturing

Industries > Global Manufacturing  > Sectors  > Construction Materials 

Development Economic Impact

IFC is a development institution, with a mission to promote growth in private enterprise and create jobs in the developing world. We help clients understand the business case for social and environmental responsibility: lower costs, less political risk, higher productivity, and brand enhancement. IFC’s building materials projects have created:

  • 3,200 direct jobs and thousands of indirect jobs
  • Better local infrastructure, including roads, schools, hospital and community centers that meet basic needs in developing countries
  • More residential and commercial construction, which contributes to the growth of the middle class through broader access to homeownership and helps countries become more attractive locations for foreign direct investment
  • Better environmental management systems, which lower ozone emissions and improve energy efficiency
  • Enhanced community development, which reduce client companies’ reputational and business risks

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