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DFC I

Sector: Manufacturing (Industrial) • Location: Malawi

Source: World Bank Group

Project
Closed

The project seeks to assist the growth of medium- to large-scale enterprises in Malawi by providing funds to INDEBANK for financing the foreign exchange component of industrial projects. It would also seek to improve the operational policies of INDEBANK and, through IFC's representation on the institution's board, to provide technical advice to INDEBANK's management. It would create an estimated 1

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Project Information

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The project “DFC I” is an infrastructure initiative in the Manufacturing (Industrial) sector, located in Malawi. Taiyo aggregates data on it from World Bank Group.

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Participants

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Status

Original status

closed

Taiyo status

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Taiyo last update

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Available timestamps

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Contact

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Phone

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Email

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Address

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Description

Description

The project seeks to assist the growth of medium- to large-scale enterprises in Malawi by providing funds to INDEBANK for financing the foreign exchange component of industrial projects. It would also seek to improve the operational policies of INDEBANK and, through IFC's representation on the institution's board, to provide technical advice to INDEBANK's management. It would create an estimated 1,100 new jobs. The project faces no special risks. INDEBANK will pass the foreign exchange risk to its borrowers.

Original sub-sector

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Original Currency

USD

Original budget

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Procurement method

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Location

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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Article Published Date

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