What is an IFC project?
The term “IFC project” refers, traditionally, to a commercial investment made by IFC and its partners—a transaction involving a loan, equity investment, guarantee, or other financial product from IFC, in conjunction with funding from other commercial investors. Today, IFC’s projects also encompass a growing number of specific technical assistance and advisory activities. Often, IFC provides a combination of financing and technical assistance to a client company. IFC undertakes projects only in client countries: that is, developing countries that are members of IFC. Our membership also includes industrialized countries, whose companies often invest alongside IFC. In addition, many of our industrialized members are donors to our technical assistance and advisory operations, both through trust funds and a network of multidonor facilities operated by IFC. IFC investments typically range in size from $1 million to $100 million.
Related Questions
- What sanctions will be imposed on companies that have been found to have committed fraud or corruption in an IFC project?
- What role will IFC play by supporting this project? Can Tata Power raise the necessary financing from commercial lenders?
- How can someone report suspected fraud or corruption in an IFC project?
