PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

607118

Primary Business Area

Transaction Advisory

Disclosure Date

Sep 13, 2023

Country

Malawi

Region

Africa

IFC Approval Date

Jun 16, 2023

Status

Active

Estimated Total Budget

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

Last Updated Date

Sep 14, 2023

Project Estimated Start Date

Jul 1, 2023

Project Estimated End Date

Dec 31, 2025

Client Legal Name

MINISTRY OF FINANCE, ECONOMIC PLANNING AND DEVELOPMENT OF THE REPUBLIC OF MALAWI

Project Description

IFC will support the Government of Malawi to attract private sector participation through a competitive tender process to develop Purpose Built Student Accommodations (PBSA) at three public universities: (i) the University of Malawi in Zomba (UNIMA); (ii) the Malawi University of Business and Applied Sciences in Blantyre (MUBAS); and (iii) the Malawi University of Science and Technology in Thyolo (MUST). Each university will act as contracting authority and will sign Public-Private Partnership agreement with the competitively procured private partner who will be responsible to design, finance, build, operate and maintain the PBSAs at project sites provided by the universities.

Development Results

E&S Risks / Impacts and Mitigation