PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

609374

Primary Business Area

Transaction Advisory

Disclosure Date

Jan 23, 2025

Country

Saudi Arabia

Region

Middle East

IFC Approval Date

Oct 24, 2024

Status

Active

Estimated Total Budget

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

Last Updated Date

Jan 26, 2025

Project Estimated Start Date

Oct 24, 2024

Project Estimated End Date

Oct 25, 2027

Client Legal Name

National Infrastructure Fund

Project Description

The National Infrastructure Fund (Infra) and the International Finance Corporation (IFC) have signed a Cooperation Memorandum to cooperate in the identification and joint preparation of public-private partnerships (PPP) for infrastructure projects in Saudi Arabia. The collaboration aims to increase the number of bankable infrastructure projects that in turn is expected to boost private sector participation in sectors such as energy, water, transport, logistics, waste management, health, education, and digital infrastructure. By combining Infra’s strategic financing capabilities with IFC’s global experience, the partnership seeks to expedite the development of high-priority infrastructure initiatives in the Kingdom.

Development Results

E&S Risks / Impacts and Mitigation