IFC Promotes Public-Private Partnerships to Develop Infrastructure in India
IFC held a workshop in partnership with the state government of Odisha, to discuss how private participation in infrastructure development can help improve the quality of services, create efficiencies and promote economic growth.
Supported by India’s Department of Economic Affairs, Government of India, IFC held the workshop in partnership with the state government, to discuss how private participation in infrastructure development can help improve the quality of services, create efficiencies and promote economic growth.
“Odisha is keen to support greater private participation through sustainable public-private partnership models as part of our framework for private participation in infrastructure,”
The workshop highlighted the role public-private partnerships play in institution-
“Long-lasting public-private measures obtain public ownership while generating interest among local private sector players and other development partners with shared goals,” said Laurence Carter, Director for IFC Advisory Services in Public-Private Partnerships, on his visit to Bhubaneswar.
IFC’s strategy in India is to bring economic opportunities to underserved communities where needs are greatest, particularly in the low income states of India. IFC also encourages global and regional integration, including promoting trade and investments within and from South Asia.
IFC, a member of the World Bank Group is the largest global development institution focused exclusively on the private sector. We help developing countries achieve sustainable growth by financing investment, providing advisory services to businesses and governments, and mobilizing capital in the international financial markets. In fiscal 2011, amid economic uncertainty across the globe, we helped our clients create jobs, strengthen environmental performance, and contribute to their local communities - all while driving our investments to an all-time high of nearly $19 billion. For more information, visit www.ifc.org
In New Delhi:
Phone: +91 11 4111 1000
Sattyakee D’com Bhuyan
Phone: +91 91 63333 4261