Title: International Finance Corporation
1International Finance Corporation
We promote sustainable private sector investment
in developing countries, helping to reduce
poverty and improve peoples lives.
Third Workshop Dialogue Norway-WBG 26 May 2005
2Summary of Presentation
Involvement of Norwegian Firms in IFC Projects
since 1956
- Investment Projects
- Norwegian Firms as Investors
- Norwegian Firms Involved in Other Capacity
- Norwegian Financial Institutions as Providers of
Syndicated Loans (B-Loans) - Technical Assistance and Advisory Services
3Investment Projects
- Firms from Norway were involved in 37 committed
projects with IFC, worth US3.3 billion in TPC - As Investors (equity or loans) in 34 projects
- Average Size of Norwegian Investor
- US7.8 million
- First Norwegian Investment
- Pulp and Paper (Rio Grande) in Brazil in 1971
(US76 million TPC) - Largest Norwegian Investors
- Statkraft Anleg (US25.1 million Equ.) and
Eksportfinans (US29.2 million Loan) in
Hyfro-Power Generation in Nepal in 1996 - In some other capacity in the other projects
capital goods supplier, technical partner, etc.
4Investment Projects
Norwegian Firms have Participated in 78 Projects
with IFC
16
15
3
3
Fiscal Year
5Investment Projects
Regional Distribution
IFC Region Number of Projects as Percentage
Asia 12 32
Europe 11 30
Latin America and Caribbean 8 22
Sub-Sahara Africa 5 14
Middle East North Africa 1 2
Grand Total 37 100
6Investment Projects
Norwegian Financial Institutions as Providers of
Syndicated Loans (B Loans)
Institution Number of Outstanding Participations (i) Committed Portfolio US million (ii)
Den Norske 1 5
(i) As of December 31, 2004
(ii) Includes outstanding plus undisbursed amounts
7Technical Assistance and Advisory Services (TAAS)
What they Provide
- TAAS Programs fund feasibility studies, sector
studies, capacity building, advisory services on
privatization, and assessments of environmental
and social impacts of investment projects - TAAS Programs are mostly funded by the
international donor community, and implemented
through 28 Donor Funded Operations (DFOs) managed
by IFC from field offices HQ
How they are Funded Implemented
8Technical Assistance and Advisory Services (TAAS)
As of June 30, 2004 Norway as Donor
US millions
Regional Facilities (APDF, AMSCO, MPDF, SEDF, PEP, SEED, PBAS) 22.58
Technical Assistance Trust Funds (TATF) (i) 7.79
Environmental Facilities (CCF, EOF, SFME) 0.95
SME Initiatives (within NTF-PSI) 0.90
Foreign Investment Advisory Services (FIAS) 0.17
Total 33.01
9Belgium-IFC Relationship
- Good- Thank you for the Continuing Donor Support
- Channels for Dialogue
- EDs Office
- Annual Consultations
- Corporate Relations/Investment Departments/Trust
Funds Departments in Washington - Business Development Officers (BDO) in Field
(Regional or Country) Offices - IFCs Frankfurt Office
- Suggestion? Private Sector Liaison Officer (PSLO)
based in Norway?
10Thank You
For more info Yves de ROSEE yderosee_at_ifc.org
1. 202.458.4797