The Infrastructure Development Collaboration Partnership Fund (DevCo) is a multi-donor facility managed by IFC. DevCo is part of the Private Infrastructure Development Group (PIDG), and receives funding from the Ministry of Foreign Affairs of the Netherlands (DGIS), the Swedish International Development Cooperation Agency (Sida), and the UK Department for International Development (DFID).
DevCo provides advisory services to governments in the poorer (DAC I and II) countries to help them structure transactions that facilitate private sector participation in infrastructure projects. It covers the following infrastructure sectors: agribusiness, power and renewable energy, water and sanitation, telecommunications, transportation, solid waste, and other physical infrastructure services.
Total commitment: $15.6 million in donor funds committed to deals that reached financial close, $14.1 million in donor funds committed to active deals.
Our transactions create opportunities for private sector investment in the toughest environments, which are also in need for expertise and investment to improve access to basic services.
Through our transactions, we bring innovation and potential to transform an entire sector of an economy, and remove critical bottlenecks to economic development by providing access to critical infrastructure.
DevCo supports transactions that are often first of their kind involving private sector participation in a country and paving the way for future private investment opportunities.
EMPOWERING ECONOMIC GROWTH
DevCo supports PPP transactions that remove critical infrastructure obstacles that stunt a country’s progress and economic growth.