IFC In India Infrastructure Push
The International Finance Corporation (IFC) is planning to double its investment in Indian infrastructure to about 1,1 billion US dollar (5,5 milliarder DKR) by the middle of this year as part of efforts to help sustain the countrys rapid economic growth.
The move comes as the IFC boosts its advisory services to governments to help create investment frameworks in areas such as infrastructure that will spur more private participation.
– India needs 100 billion dollar a year just in power and another amount like that in the other areas, such as transportation, ports and roads, Lars Thunell, IFC Executive Vice President, said during a visit to Mumbai (Bombay).
The IFC board will consider next month approving a new facility of up to 15 million dollar to provide advisory services for Indian governments on infrastructure.
Kilde: www.worldbank.org
