IFC Helps Nepal Scale up Public - Private Partnerships

IFC, a member of the World Bank Group,is supporting the government of Nepal in scaling up public-private partnership programs to implement projects that will help advance basic infrastructure and accelerate economic development in the country.

IFC will assist the government, helping it lead efforts in public-private partnership projects to develop airports, roads and tourism, a priority for Nepal. IFC will assist in identifying projects and setting transparent standardized bidding procedures in consultation with stakeholders. Additionally, the initiative aims to improve the enabling environment, developing a regulatory, institutional and policy framework for implementing public-private partnerships effectively.

"IFC's expertise will enable us to better structure private participation in the upcoming public infrastructure projects," said Radhesh Pant, Chief Executive Officer of Nepal Investment Board.