DBSA calls for applications to fund infrastructure projects in SADC region

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DBSA calls for applications to fund infrastructure projects in SADC region

The European Union and the South African Government recently launched a €100 million (R1.5 billion) Infrastructure Investment Programme for South Africa (IIPSA).

The Development Bank of Southern Africa (DBSA) was appointed as the implementation agent and fund manager for the programme as per the financing agreement between the South African Government (GoSA) and the European Union (EU).

The DBSA now wishes to invite project proposals from eligible public entities and private entities with a public service mission to apply for IIPSA Grant Funding for the financing of infrastructure investment projects in support of long term financing by participating Finance Institutions.

This support can take the form of technical assistance, direct investment grants, interest rate subsidies, or loan guarantee cost financing and insurance premia.

In order to be eligible to receive financial assistance from the IIPSA fund, projects must comply with the following criteria:

  • The project must either be a South African project or
  • A regional project which must be a trans-border initiative involving two or more countries in the Southern Africa Development Community (SADC) region with a demonstrable regional impact on one or more countries.
  • Key priority sectors will include: energy, transport, water and environment, ICT and social infrastructure.

The Request for Proposals opens at 12pm on the 7th of April 2014 and closes on 02 June 2014 at 12pm (Telkom time). Applications must be submitted electronically at www.dbsa.org using the online application form which will be available from 02 May 2014 at 12pm (Telkom time).

See more here: http://www.dbsa.org/EN/About-Us/TenderInfo/Pages/RFP%201.aspx

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