PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

589267

Primary Business Area

Public-Private Partnerships Transaction Advisory

Disclosure Date

Feb 25, 2014

Country

Brazil

Region

Latin America and the Caribbean

IFC Approval Date

Jan 20, 2012

Status

Completed

Estimated Total Budget

$2,004,040.00
(Project budget includes all project-funded activities)

Last Updated Date

Mar 3, 2018

Project Estimated End Date

Jul 31, 2014

Project Description

IFC will be the lead advisor in this forestry project in Brazil. The project seeks to support the Brazilian Forestry Service (BFS) in developing a private forest concession system to ensure long term sustainable forest management of the areas given in concession. More concretely, the project plan to establish a concession model for sustainable forest management of two public forests (Itaituba I & II) in the Brazilian Amazon (State of Pará) to be awarded by BFS. In Phase 1, IFC will undertake a technical review of forest inventory, management plan, operating costs, and pricing model to increase confidence in BFS approach and accurately reflect the costs of operating in a concession. Phase 2 will consist of the preparation of contract and bidding documents, (ii) marketing, and (iii) assistance during bidding process up to commercial close.

Development Results

E&S Risks / Impacts and Mitigation