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Creating Opportunity Where It's Needed Most
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Global Manufacturing & Services
Industries > Global Manufacturing & Services
IFC Helps Retailers and Property Developers Create Opportunity for Small Entrepreneurs in Central America and Colombia
Rosa Carbajal needed more space for her small shoe store in the Multiplaza Shopping Complex in Tegucigalpa, Honduras.
IFC Supports the Expansion of Saudi Arabia Retailer to Eastern Europe and Central Asia
IFC is providing $50 million in financing to leading Saudi Arabia-based retailer, Fawaz Abdulaziz Alhokair, to help it expand to Eastern Europe and Central Asia. IFC’s financing is compliant with Islamic Shariah law.
IFC’s Support will Help VINTE Build Green and Affordable Housing for Low- and Middle-Income Families in Mexico
IFC is providing a 50 percent partial credit guarantee for a 100-million peso (about $8.4 million) bond issue by Mexico’s VINTE Viviendas Integrales, a company that specializes in affordable housing for low- and middle-income families.
IFC Makes its 100th Hotel Investment in Africa – Project will Improve Business Infrastructure, Generate Jobs
IFC recently announced its one-hundredth hotel investment in Africa with a $5.5 million financing package to emerging East African-based hotel company, Opulent (B) Ltd.
IFC Expands Agricultural Partnership Forged in Aftermath of Sichuan Earthquake
With rising food costs dominating the development world’s agenda, IFC’s strategic focus on increasing farm productivity is more critical than ever.
IFC's Strategy in Manufacturing and Services
Manufacturing and services account for 40 percent of developing countries' GDP and receive about 40 percent of total foreign direct investment. The sector is growing at about 9 percent a year, three times the rate in high-income countries. Driven by GDP and income growth, the demand for manufacturing and services in developing countries has risen significantly.
Within this arena, IFC focuses on key industries that form the foundation of sustainable growth and that provide affordable goods and services to consumers, create jobs, contribute to government revenue, and stimulate the growth of local small and medium enterprises. These sectors include construction materials, retail, tourism, and property, which support infrastructure development; pharmaceuticals, as part of ensuring affordable health care; and forest products and energy efficient machinery, to help address the impact of climate change.
Within this arena, IFC focuses on key industries that form the foundation of sustainable growth and that provide affordable goods and services to consumers, create jobs, contribute to government revenue, and stimulate the growth of local small and medium enterprises. These sectors include construction materials, retail, tourism, and property, which support infrastructure development; pharmaceuticals, as part of ensuring affordable health care; and forest products and energy efficient machinery, to help address the impact of climate change.
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