PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

604988

Primary Business Area

Other

Disclosure Date

Nov 15, 2021

Country

Fiji

Region

East Asia and the Pacific

IFC Approval Date

Oct 23, 2020

Status

Completed

Estimated Total Budget

Estimated Total Budget Pending
(Project budget includes all project-funded activities)

Last Updated Date

May 4, 2024

Project Estimated Start Date

Nov 1, 2020

Project Estimated End Date

Oct 31, 2023

Project Description

The delivery of the project will be in two phases. This is due to the urgency and sequency of deliverables as per the housing value chain requirements of Fiji. Phase 1 will focus on delivering activities that are complimentary to and derived from the IFC Fiji Affordable Housing PPP project which entails supporting GoF with a demonstration transaction providing PPP solution to affordable housing. The activities in this project either focus on enabling environment to facilitate PPP transactions which are time sensitive as well as those activities that can be implemented at a sector level leveraging learnings from the PPP transaction. Phase 2 will focus more on economywide reforms that will further address both demand and supply side issues in developing the affordable housing market. These reforms also require a longer timeframe to be able to implement such policy and regulatory changes, thus, part of second phase of the project.

Development Results

E&S Risks / Impacts and Mitigation