PROJECT

Projects

Summary of Proposed Investment

Project Number

10283

Company Name

VITAL SOLUTIONS PTE LTD

Date SPI Disclosed

May 30, 2000

Country

East Asia and Pacific Region

Industry

Manufacturing

Projected Board Date

Jun 29, 2000

Status

Completed

Sector

Content (B2C Companies)

Department

Regional Industry - MAS Asia & Pac

Environmental Category

C - No Impact

Previous Events

Approved : Jul 26, 2000
Signed : Jul 13, 2000
Invested : Oct 31, 2000

Project Description

The project is to set up a web-enabled business model whose aim is to provide end-to-end process capability for the Pulp and Paper Industry in Asia, the Middle East and Africa. It will provide a full range of services from transactions, business and informational services as well as providing a fully integrated supply chain management incorporating enterprise system software. These will be provided in a multi-lingual platform.

IFC''s extensive experience and knowledge of the target industry will contribute to the potential success of the endeavour. In addition IFC can work with the regulatory authorities in the target markets to improve the regulatory environment to better facilitate eCommerce.

This project will help provide a level playing field for buyers/sellers in developing member countries to compete on equal footing with those in the developed countries by providing improved access to customers, reduced transaction costs, reduced information asymmetry, multi-lingual access and increasing transparency as a whole.

Sponsor / Cost / Location

Development Impact