PROJECT ASSISTANCE: Why are bankable projects critical to success?
Infrastructure projects backed by banks and other lending institutions help reduce the cost of capital, helping ensure that the project is more likely to succeed. INFRADEV brings together key actors at MDBs, Bi-Laterals, and private sector lending institutions to match banks with projects, so that these can become reality.
INFRADEV has a project financial advisory designed to demonstrate how infrastructure projects in developing countries can become bankable. The project financial advisory is devoted to implementing 1-2 demonstration infrastructure projects in non-investment grade countries, illustrating first-hand how risk mitigation techniques can be used more effectively in non-investment grade countries to access long-term, less costly sources of finance. The Project Advisory Team has successfully engaged the accountable parties at the World Bank, Inter-American Development Bank, Corporación Andina de Fomento and the Central American Bank for Economic Integration (CABEI), who have committed to demonstrate how their respective institutions can provide the needed risk mitigation support. Currently CABEI energy projects are being reviewed for possible implementation.