PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

600274

Primary Business Area

Public-Private Partnerships Transaction Advisory

Disclosure Date

Dec 29, 2014

Country

Kosovo

Region

Europe

IFC Approval Date

Jun 21, 2014

Status

Completed

Estimated Total Budget

Pending
(Project budget includes all project-funded activities)

Last Updated Date

Jun 12, 2021

Project Estimated End Date

Mar 31, 2015

Project Description

IFC, as part of a joint project with the World Bank, will act as a strategic advisor to the Government of the Republic of Kosovo to support its Project Implementation Unit in the overall process management of the transaction in a way that ensures a fair and transparent bidding process, compliance with applicable Kosovo laws, and compliance with the applicable technical, financial, environmental, and social standards of the EU, IBRD, and IFC. IFC will work alongside the Governments lead project advisor Raiffeisen Investment and its sub-contractors Hunton & William (legal advisor) and RWE (technical advisor). IFCs role is limited to providing strategic advice until the selection of the winning bidder, after which IFC may consider whether it will engage in further advisory services to bring the project to completion.

Development Results

E&S Risks / Impacts and Mitigation