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Infrastructure
Industries > Infrastructure
IFC lent the equivalent of $6 million to Singaporean logistics firm Portek to facilitate the privatization of Magerwa Dry Port in Rwanda.
Demand for electricity in Indonesia has surged during the last decade and the government aims to dramatically expand power generation and transmission capacity.
In Sub-Saharan Africa, unreliable utility distribution systems are a major drag on regional growth. IFC is addressing these issues through a new advisory services program for utility efficiency.
IFC is facilitating a $176 million financing package to Recaudo Bogota to develop and operate the fare collection, fleet management, and real-time information technology system for Bogota’s bus transportation system.
More than 200 regulators, commercial bankers, and representatives of non-governmental organizations will gather next month in Beijing to discuss ways of enabling and scaling up lending to environmentally friendly projects.
IFC in Infrastructure
The need for infrastructure improvements in the developing world is critical. Untold numbers of businesses suffer from lack of reliable power for industrial processes or because they cannot get their goods to the market. At the most basic level, millions of lives are threatened every day for lack of clean water or safe sanitation. Investment in infrastructure projects forms a key part of IFC's institutional strategy. We deliver landmark projects with high direct and indirect impact on the poor. In recent years, our focus has shifted to frontier countries and regions, where our services are most needed.
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