Panaji: With eyes on world-class projects in Goa on the Public-Private Partnership (PPP) model, the state government has involved the International Finance Corporation (IFC), a member of the World Bank Group.
Immediately, IFC will hold a meeting with various departments to identify projects.
The MoU has been signed in the pursuit of the Cabinet and NOC approval of the Ministry of Finance Union.
According to the MoU, IFC will conduct initial screening and coating the project in consultation with different departments and entities, and identify projects in various sectors that are in accordance with the priority of IFC’s strategic development in India.
Director of the State KPS Department, S Shanbhogue, said this included a feasibility study on certain projects.
IFC has appointed Deloitte to run early screening studies.
The services provided by IFC will not be paid, done through donor funding.
IFC and Deloitte have formulated structures for screening studies, and this will include a meeting of introductory / kickoff with all secretaries and choosing departments and companies and meetings with individual secretaries with HODS / MDS to identify the possibility of the project.
Deloitte will then meet individual Hods / MDS for detailed discussions and projects.
MOU State Signs with IFC to Develop PPP Projects in Goa
