The International Finance Corporation (IFC), World Bank, has announced that it will provide advisory assistance to the Municipal Authority of Public Services Regulation of the Municipality of Bucharest to structure a tender for the district heating service of the Bucharest Municipality. The total estimated budget for this project is 1.999.999,00 €.

The Government of Samoa (GoS) has also appointed the International Finance Corporation (IFC) as lead transaction advisor in relation to modernizing the solid waste management services of the country.  The total estimated budget for this project is 582.789,00 €.

On both projects, IFC will advise on pre-investment activities including due diligence review, transaction structuring, marketing and promotion, contract preparation and development of bid/tender documents. In addition, IFC will also support the bidding process up to the award of the contract.

Sources: IFC I & II