MEDEF MEETING

March 7, 2012

A.T. ShaukatChief Engineer

Global Infrastructure & Natural Resources

2

IFC: Part of the World Bank GroupIFC is owned by its 179 member countries

International Bank for Reconstruction and Development, 1945 Lends to governments of middle-income developing countries

International Finance Corporation, 1956Invests and advises to promote sustainable private sector developmentInternational Development Association, 1960 Provides concessional loans to governments of the poorest developing countries

International Centre for Settlement of Investment Disputes, 1966

Multilateral Investment Guarantee Agency, 1988 Provides guarantees to foreign investors against non-commercial risk

IFC History

Six decades of creating opportunity – Created in 1956.

IFC is the largest organization of its kind. Holds $48.8 billion portfolio touching almost

every major industry. Reach millions of people in over 100

countries.

3

What We Do•Investment Services

- In FY11, IFC invested $12.2 billion and 518 projects- Mobilized an additional $6.5 billion to support private sector in

development countries.

•IFC Financial & Investment Projects- Loans- Syndication Loans- Equity Finance- Structured Finance- Risk management Projects- Local Currency & Financing- Trade Finance

4

5

IFC Asset Management Company- Mobilizes and manages funds on behalf of institutional investors

including sovereign funds, pension funds, and development finance institution.

- As of June 30, 2011 had approximately $4.1 billion in assets under management.

Funds include- IFC Capitalization Fund- IFC Africa, Latin America and Caribbean Fund- The African Capitalization Fund

Advisory ServicesBusiness Lines:- Access to Finance- Investment Climate- Sustainable Business- Public-Private Partnerships

6

IFC Investment Guidelines

Private sector, with strong sponsor commitment Financially, economically, environmentally, and socially sound Maximum IFC share (excluding syndications)

25% of project cost over $50 million 35% of project cost under $50 million 40% of project costs for expansion projects

Investment size Typically $5 million to over $100 million

Projects and IFC’s investment are expected to earn competitive and commercial rates of return:

Comprehensive security package required for loans Reasonable exits are expected for IFC equity and quasi-equity

investments Expert IFC teams work closely with the client to finalize the investment

7

Sustainable Development at IFC

IFC has well established and rigorous standards for environmental, social, and positive economic impact

IFC works with clients to maximize the positive impact of projects we finance

In many cases, this leads to reduced risks and long run financial benefits

Particularly important in African context

8

Transportation IFC – Leader in pioneering transactions in

global transportation sector From 2000 to 2010 made $3.6 billion

commitment in 43 countries Mobilized $30.2 billion A committed portfolio or $1.7 billion in

diverse sectors and regions

9

IFC: Our Reputation and Value

IFC is the world’s largest multilateral private sector investor in the emerging markets

AAA rating Profitable every year since it was established 2,600+ people in our 80 offices worldwide In-house syndications department working with over 200 banks Global benchmarking – identifies and disseminates international best

practice Advice on environmental and social issues Political risk mitigation Preferred creditor status IFC Performance Standards adopted through the Equator Principles by

over 50 global institutions

10

Global Infrastructure Department

Power Renewables Transport Water Infraventures Subnational Telecoms Oil, Gas & Mining