In March 2009, in Istanbul, the largest multilateral investors and lenders in Central and Eastern Europe - the EBRD, the EIB Group, and the World Bank Group, including IFC - pledged to support the banking sectors in the region and to fund lending
The need for infrastructure improvements in the ECA region is critical. IFC helps increase access to basic services by financing infrastructure projects and advising client governments on public-private partnerships. IFC collaborates closely with other parts of the World Bank Group and the donor community in this work, and a significant part of IFC’s advisory work is supported by our donor partners.
Investment in infrastructure projects forms a key part of IFC’s institutional strategy. Our financial products include senior debt, subordinated debt, private equity, convertible and quasi-equity instruments, and partial risk guarantees. IFC’s infrastructure advisory services primarily counsel governments, including municipalities, on ways to engage the private sector in essential public services. IFC’s advisory work helps establish public-private partnerships through which governments can realize improved performance despite budget constraints, while benefiting from the private sector’s expertise, management, and finance. The focus is primarily on expanding access to public services such as power, water and sanitation, transport, and health.
Our infrastructure advisory program in ECA is supported by our donor partners: Austria, Norway and Switzerland.