devinitorg/iati-policy-markers huggingface dataset:
Artistic Wind Power Pvt Limited The project comprises the development, construction, and operation and maintenance of a 50 MW greenfield wind power project in Pakistan, in the Jhimpir wind corridor in the Sindh province (The Project). The Project will be connected to the national grid and will enter into a 25-year Energy Purchase Agreement (EPA) with the Central Power Purchasing Agency Guarantee Limited (CPPA-G). IFC's participation in this Project supports the development of a cost-competitive renewable energy project to help Pakistan meet its energy needs. The main project level outcomes are the stakeholder impact by helping meet Pakistan's increasing electricity demand and environmental impact by displacing tons of CO2 per year. At the market-level, IFC anticipates that the Project will increase market competitiveness with demonstration effects by supporting the establishment of a competitive tariff benchmark for future wind projects in Pakistan. In addition, the Project will contribute to sector resilience by supporting the use of indigenous resources to diversify the generation mix and reduce dependence on expensive energy imports.
NBFI Credit The proposed project calls for IFC to provide medium term local currency financing to selected Non-Bank Finance Companies (NBFCs) in Pakistan through a partial IFC guarantee.  The NBFCs receiving these funds will use them to on-lend to the Small and Meduim Enterprise (SME) sector in the form of leases or medium term loans.  IFCs local currency guarantee is also expected to lengthen the debt maturities of the selected NBFCs and help reduce maturity mismatches by allowing these companies to partially retire existing short term debt.
Khaadi Corporation SMC Pvt Ltd Khaadi Corporation (SMC-Private) Limited (Khaadi or the Company) is a leading retailer of Pakistan with largest market share in formal apparel retail market. Khaadi started operations in 1998 with one store and has expanded its retail network to 62 stores in over 25 cities in Pakistan and 14 international stores in Qatar (1), UAE (6), Bahrain (1) and United Kingdom (6), to mainly cater to the South Asian communities in these countries. ?      The Company is undertaking an expansion plan to (i) help grow its operations as it recovers from disruptions related to COVID-19 through expansion of footprint/retail space by adding stores in strategic locations in tier II and III cities across Pakistan, optimization of existing retail space, (ii) acceleration of global online sales, and (iii) expansion of the international store network (the Project) and has invited IFC to consider supporting its investment program. Implementation of the Project is expected to generate robust local demand for the labor-intensive textile industry, create ~850 direct and indirect jobs with up to 20% for women and enhance tax collection by encouraging formalization of retail and upstream activities. The Project has the potential to provide more job opportunities for female workers, both for those who work directly with the company and for the female workers in the supply chain such as local artisans, designers, and tailors. 

IFC anticipates that the Project will promote market integration by: i) improving standards across the value chain; ii) increasing access to market for local suppliers; iii) promoting development of retail infrastructure by creating demand for lease space and; iv) increasing formal retail penetration in Tier II/III cities. The expansion of Khaadi stores into Tier II and III cities of Pakistan will increase access to goods at attractive price-points and quality products otherwise not available outside large cities in the country.
MATCO Rice Project Matco Rice Processing (PVT) Ltd. (the Company) is a private-family owned limited company engaged in rice processing and export business. The Company has three rice processing plants, two in Karachi (Matco 1 & Matco 2) and one in Sadhoke. Rice is procured from Punjab and Sindh provinces and stored in warehouses in Karachi and Lahore. The production activity in Karachi comprises mainly of re-processing  include polishing, length grading, color sorting, and packing lines of 5 and 25 tons per hour (tph) capacity respectively whereas Sadhoke has paddy drying, storage and milling processing line of 10 tph capacity.   The project is to construct a modern rice paddy drying, husking and parboiling plant at Sadhoke, Punjab and storage capacity in Sadhoke (the Project). The expected development impact includes the following: (i)	Employment: The Project will generate 300 new rural jobs and about 200 seasonal employees in Punjab in 2 years; (ii)	Farmers reach: The Project will create additional backward linkages which are expected to generate benefits to approximately 1,500 farmers in the region; (iii)	Improved agri-infrastructure: The Project will increase  automatic drying capacity by 45,000 MT and automated silo capacity by 30,000 MT thus improving food storage in the Punjab region and reducing losses and bottlenecks; and (iv)	Better quality product: The company will expand the production of its high quality branded rice products in Pakistan.
Habib Bank Ltd Habib Bank Ltd (HBL or the Bank) was incorporated in Pakistan in 1947. Privatized in 2004, HBL is the largest and most important private sector bank in Pakistan with a market share of approximately 20% in terms of loans and deposits, approximately $9.5 billion in assets and $526 million in shareholders equity as of December 31, 2005.  Having a diversified line of businesses, HBL has a strong background in corporate and SME lending and has also recently focused on increasing its lending to consumers.   The project consists of an eight-year million Tier 2 subordinated loan of up to $50 million to HBL and an equity investment of up to 5% of the Banks capital. The investment will enable HBL to diversify its funding sources, strengthen its capital adequacy and to expand its lending activities.
Zorlu Pakistan The project consists of the construction, operation and maintenance of a 56.4 MW wind farm and associated facilities in Jhimpir, Thatta District, Sindh Province, Pakistan, some 100 km east of Karachi (the Project).  The Project will be an independent power producer and will sell electricity to the National Transmission and Despatch Company Limited (NTDC) under a 20-year Energy Purchase Agreement (EPA). NTDCs payment obligations under the EPA will be guaranteed by the Government of Pakistan. The Project is the first internationally financed wind power project in Pakistan, and when operational, is expected to be among the first commercial wind farms in Pakistan. The Project is being developed in two phases, with the 6 MW phase 1 already installed and phase 2 comprising the remaining 50.4 MW. The Project's development impact is expected to include: (i) contribute to alleviating the significant power shortage situation in Pakistan; (ii) support the development of the country's large wind resource base for power generation; (iii) help reduce the country's increased reliance on imported fuel for power generation; (iv) support continued private sector participation in the country's power sector; and (v) contribute to avoiding greenhouse gas emissions.
Techxila II IFC equity investment of up to $10m in Techxila Fund II L.P., managed by Fatima Gobi Ventures (Fatima Gobi Fund II, Fund II, the Fund or FGV II), a Mauritius domiciled Venture Capital (VC) fund that will invest in Tech Start-ups primarily in Pakistan. Expected project level outcomes: Access to venture capital in Pakistan has grown in recent years but remains some of the lowest across emerging markets. As such, IFC expects the project level outcomes to include increased access to early-stage venture capital alongside operational value add for tech startups in Pakistan. This will help scale innovative digital business models and bring more businesses and consumers online to expand the digital economy.
Expected market creation: IFC expects that the Fund, as the one of the only experienced and scaled fund manager in the market, will increase competitiveness of the emerging but nascent VC market in Pakistan. The Fund is also involved in several VC ecosystem building activities that are expected to have network effects in improving the pipeline of investable startups, which is a critical enabler to generating a viable VC funds market
Shifa Hospitals Shifa International Hospitals Limited (Shifa or the Company) is embarking on large scale expansion both within Pakistan and internationally into Tanzania. The investment plan of the Company (the Project) includes: (i) extension of existing H-8 Hospital in Islamabad entailing a C Block addition which consists of 51 beds and a new radiology facility called the F Block; (ii) establishment of a new 250 bed multi-specialty hospital in Faisalabad; (iii) opening of an outpatient diagnostic and day surgery centre in Islamabad; and (iv) establishment of a multi-specialty hospital in Dar es Salaam, Tanzania. This Project will extend access to quality affordable healthcare to patients and address gaps in health service provision witnessed in Pakistan and Tanzania. The Project will lead to better quality provision than is typically available in the market as both countries face underinvestment in adequate clinical infrastructure along with low quality and limited outreach of public sector healthcare. The clinical infrastructure will allow earlier diagnosis and treatment of patients in an outpatient setting at lower costs. Additionally, it will increase the competitiveness of the private healthcare sector by enabling a JCI accredited healthcare provider to expand operations in Pakistan and enter the Tanzania market.
Engro Corporate The proposed IFC investment in Engro Chemicals Pakistan Limited (Engro or the Company), consists of a convertible loan of up to $50 million to help finance its corporate finance activities and efforts to diversify into new product lines in its subsidiaries such as the food and energy businesses. The Facility is expected to have the following developmental impacts:  Support to small farmers The Companys dairy business relies on a milk collection network which includes over 700 village milk collectors and 400 milk collection centers. Procuring milk from 2,400 villages across Pakistan, the activities of the Company touch the lives of almost 51,000 farmers.  The financing will help increase the number of small farmers in its supply chain.   Job Preservation / Creation: Engro and its subsidiaries currently employ around 4,600 employees at its different plants.  In addition it has more than 3,500 vendors in Pakistan.  Engros growth in its fertilizer, food and other businesses will support current employment levels and create new employment opportunities in the rural areas of the Sind district.  Contribution to Government Revenues: The Company pays taxes to the Government of Pakistan, and Engros growth in operations will provide additional revenues.   Enhanced Support for Local Communities: With additional expansion and growth, the Company is expected to step up its social contributions in rural areas. Engros spending on community development in economically depressed areas in rural Pakistan promote development of surrounding communities.  Proposed indicators to track the developmental impact include:    - Payments to government (US$) - Number of jobs preserved/created - Community development outlays (US$) - Number of small farmers in supply chain - Purchases from local suppliers (US$)
Gulpur Hydro The project consists of the construction, operation and maintenance of a greenfield, 102MW run-of-the-river hydro power plant under a Build-Own-Operate-Transfer scheme (the Project). Located on the Poonch river, a tributary of the Jhelum river, the Project will sell all of its electricity to the National Transmission and Despatch Company of Pakistan under a 30-year Power Purchase Agreement. i) Increase Pakistan''s power generation capacity and contribute to reducing the country''s power shortage situation; ii) Utilize a cost-competitive, indigenous, renewable resource to help mitigate Pakistan''s significant reliance on high-cost and imported thermal alternatives; iii) Deliver climate change benefits; and iv) Promote increased private sector participation in the Pakistan hydropower sector.
Tourism Promotion Services Ltd (Pakistan) Tourism Promotion Services (Pakistan) Limited (TPSP) or the company is a subsidiary of The Aga Khan Fund for Economic Development (AKFED). TPSP owns and operates a network of six hotels throughout Pakistan under the Serena brand name. With a cost of $75 million, TPSP is developing:     -  a 213-room hotel building as an extension to the existing Islamabad Serena Hotel; and    -  an office building of approximately 215,000 square feet of rentable space.     Islamabad Serena Hotel is considered the best in the city due to its superior quality, service standards and location. The project will address rising undersupply of hotel accommodation and office space driven largely by the increase in corporate and economic activity in the country. The project will address the lack of quality accommodation and office facilities in Islamabad to meet the growing needs of domestic and foreign business people visiting the city. Currently, in Islamabad, there are only two international five star hotels and very limited quality office buildings. In addition to improving the citys business infrastructure, the project will also provide numerous employment opportunities both during construction and operational phase. Extensive hotel training will be provided by TPSP prior to and during operations. The hotel will generate foreign exchange for the country and provide revenue to the government by way of taxes, lease payments and other miscellaneous charges. Linkages with the rest of the economy will strengthen initially involving building materials and later increased volumes of operating supplies and services.
PIBT Project Under an Implementation Agreement (IA) signed with Port Qasim Authority (PQA), Pakistan International Bulk Terminal Ltd. (PIBT or the Company) has been awarded a 33 year concession to develop and operate a multi-purpose terminal on Build-Operate-Transfer (BOT) basis at Port Mohammad Bin Qasim in Karachi for handling and storage of non-food dry bulk cargo. Under a phased development, the terminal will be capable of handling total cargo of around 15.7 MTPA along with requisite on-shore storage facilities (the Project).  The Project represents Pakistans first multi-purpose non-food dry bulk cargo terminal, offering state of the art fully automated handling and storage of clinker, cement and coal in compliance with international environmental and safety standards. The proposed terminal is expected to maintain high level of operational efficiency leading to significant cost savings in handling, storage and transportation of non-food dry bulk cargo. With 3 years of construction time, the Project is expected to be in operation by July 2015.  PIBT was incorporated under the laws of Pakistan in 2010 as a special purpose company to undertake the development and operations of the Project. It was originally organized as a wholly owned subsidiary of Pakistan International Container Terminal Limited (PICT), however following reorganization in 2011; PICT transferred its entire shareholding in PIBT to the then shareholders of PICT. As a result, PIBT was converted into a public limited company and is now in the process of listing on the domestic stock exchanges in compliance with local laws and regulations. The Project will: (i) facilitate overall economic growth by further augmenting Pakistan''s transport and logistics infrastructure through development of the country''s first multi-purpose non-food dry bulk cargo terminal; (ii) significantly improve overall efficiency in handling, storage and transportation of non-food dry bulk cargo by way of  faster turnaround of vessels at the port as well as increased efficiency in inland transportation of cargo through road and rail networks; (iii) enable handling and storage of imported coal in Pakistan in an environmentally responsible manner while ensuring high level of safety as per international standards; (iv) provide requisite infrastructure to local cement producers for export of cement in bulk form thus facilitating access to new markets; (v) generate additional revenue for the Government through taxation and royalty and lease payments to Port Qasim Authority (a government owned entity); and (vi) send an important signal of support to local sponsors for development of sustainable businesses in Pakistan during a challenging economic environment.
BAFL Equity The proposed project consists of an equity investment for up to US$67.48 million in Bank Alfalah (BAFL, or Bank), a commercial bank organized under the laws of Pakistan, which will help the Bank pursue its growth plans. Through the investment, IFC will support the Bank in growing the Banks conventional and Islamic banking operations and increase penetration into priority areas like SME banking, access to finance and agri finance.  BAFL is the 5th largest bank in Pakistan, with a 5.8% market share in terms of total assets. As of March 2014, the Banks total assets stood at US$6.3bn, net loan of US$2.6bn, total equity of US$310mn, and net income of US$46mn in CY 13. The Bank operates a network of 577 branches (as of May-14) in 196 cities across Pakistan that includes 424 conventional banking branches, 10 overseas branches, 140 Islamic banking branches and 1 wholesale banking unit with operations in Pakistan, Bangladesh, Bahrain and Afghanistan. The project is expected to have strong developmental impact by: 1) enhancing access to finance for SMEs which will in turn increase job creation and private sector development overall as SMEs are a main contributor to job creation and private sector development in Pakistan. 2) Developing Islamic banking through supporting BAFL''s growth in Islamic banking, which will help develop this relatively new and important market segment in Pakistan which has strong market potential. 3) IFC''s equity will provide the required support to BAFL thereby improving the Bank''s competitiveness and in turn competition within the banking sector at large. 4) Sending a positive signal to the market through IFC''s engagement with BAFL at a time when MENA and Pakistan are faced with economic and political challenges.
KESC Project Karachi Electric Supply Corporation Limited (KESC or the company) is an integrated electric utility supplying power to the city of Karachi, Pakistan''s largest industrial and commercial centre. The company is engaged in generation, transmission and distribution of electricity in a service area that includes approximately 6,000 square kilometers and a population of between 12-14 million. KESC was privatized in December 2005 when the Government of Pakistan, through a competitive bidding process, transferred 73% of its shares to a consortium of investors led by Al-Jomaih Group of Saudi Arabia and National Industries Holding of Kuwait.  The project is KESCs capital investment program to be implemented over a three year period from July 2006 to June 2009. The investment program includes:  - expansion of generation capacity by approximately 795 MW;  - investments in the T&D network;  - improvement of commercial systems; and  - refurbishment of existing generation to improve available capacity and reliability.    The main objectives of the project are:   - increase in power supply to meet current deficit;  - reduction of technical and commercial losses; - improvement in the quality of service;  - reduction in fuel costs by using an efficient combined cycle plant in expansion of generation;  - improvement in internal work processes; and - promotion of better public relations and client satisfaction. The project will have a significant development impact as a result of:  - eliminating load shedding and meeting incremental demand for electricity in the Karachi area from existing residential, industrial and commercial users;  - enabling new residential and business customers to be connected to the grid, thus reducing their cost of obtaining power;  - significant reduction in technical and commercial losses of electricity;  - improved quality of service to consumers;  - reducing carbon emissions through the development of more efficient and cleaner natural gas fired generation; and  - demonstrating the benefits of power sector privatization in the country and region.
RSE FC Engro In May 2023, IFC committed a senior unsecured 5-year A-Loan of EUR75 million to meet additional working capital requirement of Royal FrieslandCampina N.V (RFC or the Company) in emerging markets including Pakistan, and to match the cashflow generation ability of the Company. IFCs loan will help address the impacts of high commodity prices resulting from COVID-19 related supply chain disruptions and support the Companys ability to preserve the sourcing, processing and distribution of dairy products across emerging markets including Pakistan. IFC loan will support the continued sourcing, processing, and distribution of dairy products to ensure a steady supply of essential dairy products for consumers in emerging markets including Pakistan thus increasing food security and supply chain resilience to withstand market shocks.
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         The project consists of the construction, operation and maintenance of a 100MWp solar photovoltaic (PV) power plant that will be located in the extension of the Quaid-e-Azam Solar Park in the Cholistan Desert in Punjab province, Pakistan (the Project). The Project will: (i) help add new generation capacity and reduce the significant power supply deficit in Pakistan; (ii) diversify the energy mix in Pakistan and help harness indigenous solar resource; (iii) help reduce sector generation costs and enhance affordability, (iv) deliver climate change benefits by avoidance of greenhouse gas emissions, and (v) promote increased private sector participation in Pakistan's renewable power sector.