PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

591907

Primary Business Area

Public-Private Partnerships Transaction Advisory

Disclosure Date

Aug 14, 2012

Country

Lesotho

Region

Africa

IFC Approval Date

Apr 13, 2012

Status

Completed

Estimated Total Budget

$1,250,000.00
(Project budget includes all project-funded activities)

Last Updated Date

Feb 26, 2017

Project Estimated End Date

Oct 31, 2013

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.

Development Results