Project Description
IFC will assist the Government of Lesotho (GoL) with a pilot Public-Private Partnership (PPP) project that is expected to generate tangible results for the Ministry of Tourism and create a benchmark process for PPPs in the tourism sector. The project will advise the GoL in three main areas: 1. The structuring of select PPP transactions, which will be developed and procured in two stages: (i) rapid PPP procurement of existing assets and (ii) new tourism PPP developments; 2. Development of a PPP policy framework and capacity building for the government; 3. Support the adoption of a streamlined tourism licensing process.