DFC-IDBI SPECIAL

closed

The project finances the foreign exchange cost of productive medium-scale industrial projects in the state joint/public sector. The project would assist IDBI in carrying out industrial sector investment studies, in strengthening the financial institutions dealing with this sector, namely State Industrial Development/Investment Corporations (SIDC/SIICs), and in developing projects particularly in the less developed States. A major benefit will be to pool private and public capital and establish close working links between public and private sector partners in joint ventures. Better management and speedier implementation of sub-projects is expexted to result. The project risks are no greater than can normally be expected with operations of this type.