PPP Grains

completed

IFC has been appointed as co-transaction advisor with the Land Bank of the Philippines (LBP) to provide advisory services to the Department of Agriculture (DA) to structure, and competitively tender and award the sale of eleven yellow corn Post Harvest Processing and Trading Centers (PHPTCs) located across the Philippines. Specifically, IFC will advise on all pre-investment activities including due diligence review, transaction structuring, marketing and promotion to potential investors, development of bid and sale documents. IFC will also support the competitive bidding process up to the award of the asset purchase agreement(s). The PHPTCs are owned by the National Agribusiness Corporation (NabCor), a subsidiary of DA, in joint-venture with local government units, and in some cases, Cooperatives. As each PHPTC will be tendered as a separate lot, the project will be awarded to one or more successful bidder(s) for which individual asset purchase agreements will be signed.