PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

593087

Primary Business Area

Public-Private Partnerships Transaction Advisory

Disclosure Date

Oct 20, 2013

Country

India

Region

South Asia

IFC Approval Date

Jun 18, 2013

Status

Completed

Estimated Total Budget

$660,734.00
(Project budget includes all project-funded activities)

Last Updated Date

Jun 12, 2021

Project Estimated End Date

Dec 31, 2014

Project Description

IFC will provide advisory assistance to Bhubaneswar Development Authority, Government of Odisha, to structure and implement a public-private partnership aimed at designing and constructing greenfield housing units in Bhubaneswar, the capital city of the state of Odisha, while focusing on the poor by carving out certain portions for Economically Weaker Sections, Low Income Groups and Low & Middle Income Groups. Specifically, IFC will advise on pre-investment activities including due diligence review, transaction structuring, marketing and promotion, contract preparation and development of bid/tender documents. In addition, IFC will also support the bidding process up to the award of the public-private partnership contract.

Development Results