Inland Waterways Authority Partnership (IFC-600931)

Regions
  • South Asia
Where the impacts of the investment may be experienced.
Countries
  • India
Where the impacts of the investment may be experienced.
Financial Institutions
  • International Finance Corporation (IFC)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Active
Bank Risk Rating
U
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Investment Type(s)
Advisory Services
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
Not Disclosed
When disclosed, the bank did not provide this value. Please review updated project documents for more information.
Primary Source

Original disclosure @ IFC website

Updated in EWS May 24, 2021

Disclosed by Bank Jul 16, 2015


Contribute Information
Can you contribute information about this project?
Contact the EWS Team

Project Description

IFC will provide transaction advisory support to Inland Waterways Authority of India (IWAI) to assist in reviewing the viability and possible options for a public private partnership arrangement for the development, equipping and operation of the IWAI Garden Reach II terminal at Kolkata, by a competitively selected private sector developer.

People Affected By This Project

The successful implementation of the project is expected to result in the mobilization of private sector investment in the inland water transport sector and reduce Green House Gas (GHG) emissions as a result of moving transport traffic from fossil fuel intensive road transport onto inland waterways.

Investment Description

Contact Information

ACCOUNTABILITY MECHANISM OF IFC

The Compliance Advisor Ombudsman (CAO) is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an IFC or MIGA- financed project. If you submit a complaint to the CAO, they may assist you in resolving a dispute with the company and/or investigate to assess whether the IFC is following its own policies and procedures for preventing harm to people or the environment. If you want to submit a complaint electronically, you can email the CAO at CAO@worldbankgroup.org. You can learn more about the CAO and how to file a complaint at http://www.cao-ombudsman.org/