PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

607351

Primary Business Area

Other

Disclosure Date

Aug 9, 2023

Country

South Africa

Region

Africa

IFC Approval Date

Dec 8, 2022

Status

Active

Estimated Total Budget

$825,000.00
(Project budget includes all project-funded activities)

Last Updated Date

Aug 15, 2023

Project Estimated Start Date

Jan 1, 2023

Project Estimated End Date

Jun 30, 2025

Project Description

The aim of this Program is to provide technical assistance to the Government of South Africa to support attraction, generation and retention of FDI in the Renewable Energy sector. This will require support to the Presidency and the Department of Trade, Industry & Competition (DTIC) to operationalize the eco-system within which it will operate and the intra-governmental coordination that will be required to deliver on its investment generation targets. This will be achieved by improving capacity within InvestSA, the Investment and Infrastructure Office in the Presidency (IIO) and the CEO Forum to develop a South Africa investment proposition for the Renewable Energy sector to increase private investment in the sector.

Development Results

E&S Risks / Impacts and Mitigation