Bhubaneswar: A Programmatic Transaction Advisory Services Agreement (TASA) has been signed between Odisha government and International Finance Corporation (IFC), here on Friday. Among other deliverables, strengthening the PPP ecosystem in the State is a key expected outcome from this engagement.
The signing ceremony was held under the chairpersonship of Chief Secretary, Ms. Anu Garg.
The Chief Secretary emphasised on how mobilization of private capital investment is critical to recognition of Odisha at the national and global level in line with Viksit Odisha 2036. She further stressed on the role of IFC, the private financing arm of the World Bank Group, as the Knowledge partner for strengthening the PPP ecosystem of the State.
IFC Regional Head of Operations & Acting Regional Director (South Asia) Shalabh Tandon said, “This joint collaboration aims at mobilizing private investment in major infrastructure projects of the State by building a pipeline of doable Public-Private Partnership (PPP) Projects. Over a period of one year, IFC will identify atleast 20 projects with a cumulative cost of USD 2 Billion across key priority sectors like Renewable Energy, transmission, Logistics and transport, urban infrastructure, and e-mobility.
