News / PPP projects currently active in the Middle East. IFC-World Bank

PPP projects currently active in the Middle East. IFC-World Bank

🕔 July 28, 2010

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Today, I am writing about the role of the International Finance Corporation (a World Bank institution) in advising goverments to bring to the market PPP projects in the Middle East.IFC fosters sustainable economic growth in developing countries by financing private sector investment, mobilizing capital in the international financial markets, and providing advisory services to businesses and governments.IFC helps companies and financial institutions in emerging markets create jobs, generate tax revenues, improve corporate governance and environmental performance, and contribute to their local communities. The goal is to improve lives, especially for the people who most need the benefits of growth.IFC has expanded its advisory services to improve the business enabling environment and encourage public-private partnerships for the development of infrastructure. Reducing infrastructure bottlenecks-especially in transportation-is a strategic priority to support the region's sustained long term growth.I leave you its contact details below here:IFC Advisory Servicesin InfrastructureMiddle East & North AfricaThe Gate - DFICWest 10th Floor, Sheik Zayed RoadDubai, United Arab EmiratesT. +971 4 360 1004E. concretely the IFC is currently involved in advising governments in the region to move ahead nine PPP projects. These are the following:EGYPTCairo-Alexandria FreewayAlexandria University HospitalsJORDANAmman Ring-RoadAmman Light RailPAKISTANFAISALABAD ELECTRIC SUPPLY COMPANY (FESCO)SAUDI ARABIAAirport citiesMadinah International AirportSYRIAFirst Independent Power ProjectYEMENFirst Independent Power ProjectAnd now I want you to take a look at this document presented below where you see a brief description of the role of the IFC in these PPP projects:ActiveMandates.IFC_MENA Take care! 

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