Sector

Manufacturing

Countries which have successfully developed and reduced poverty over the past century have done so largely by developing their manufacturing sectors. In most countries, manufacturing generates more economic activity per dollar of production than any other business sector.

Manufacturers directly create jobs across a range of skill levels, enabling people, especially women, to move from informal work to formal employment with benefits, such as more security, better pay, social insurance and access to financial services.

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Manufacturing creates opportunity across industry value chains by increasing demand for raw materials, energy, construction, technology, and services from a broad array of supplying industries in the economy.

Jobs creation, resource and energy efficiency, and sustainable industrialization are at the core of IFC’s approach to manufacturing. Find out more from the sustainability in industry note series, which examines the opportunities and challenges facing various manufacturing sectors and IFC’s support for sustainable industrialization, and in the Knowledge Source, which collates information and IFC tools relating to sustainable industrialization. 

The impact of IFC clients in 2024:

  • 518,617 Jobs supported
  • 179,871 Female jobs supported
  • $18.4 Billion Domestic purchases
  • $3.27 Billion Payments to governments

At a Glance

In FY25, our new long-term commitments in the manufacturing sector totaled about $4.1 billion.

Focus Areas

Apparel, Footwear, and Textiles

IFC supports sustainable apparel, footwear, and textiles manufacturing in emerging markets to enhance productivity and supply chains. Learn how we help the global textile industry grow.

Automotive, Electronics, and Machinery

We collaborate with companies in these sectors to enhance manufacturing complexity in developing countries, leveraging the significant employment multiplier effect and benefits to small and medium sized enterprises.

Chemicals and Fertilizers

IFC is strengthening sustainable fertilizer manufacturing and chemical production in developing countries by partnering with stakeholders to build efficient, competitive and sustainable production capacities.

A construction worker securing rebars to form a cage for concrete.

Construction and Other Base Materials

By financing private sector solutions, we support local production of affordable, lower-carbon-footprint materials such as steel and cement, critical for development of infrastructure such as housing, roads, bridges, and other critical needs for industrialization.

A concrete mixing plant.

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