PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

29743

Primary Business Area

Public-Private Partnerships Transaction Advisory

Disclosure Date

Feb 22, 2011

Country

Pakistan

Region

Middle East

IFC Approval Date

Nov 24, 2010

Status

Completed

Estimated Total Budget

$2,121,874.00
(Project budget includes all project-funded activities)

Last Updated Date

Nov 30, 2016

Project Estimated Start Date

Oct 1, 2010

Project Description

The project assists the government of Punjab, Pakistan, in exploring public-private partnership (PPP) options to expand the storage capacity and operations of grain silos. The second (transaction) phase will conduct a bidding process by December 2011 and develop a concession agreement and signing of the PPP contract between the government and the winning bidder by March 2012. Long-term objectives are to: 1) increase scientific grain-storage capacity in the province by 800,000 metric tons by December 2013; 2) mobilize private sector investment of about $100 million in storage and handling of grain by December 2013; 3) increase by 8 million the number of people with access to improved wheat supply; and 4) effect a positive fiscal impact for the government of Punjab of approximately $43 million, generated from reduction of losses (quantity and quality), due to improved storage and handling of grain by 2012–2013.