Finnish companies and their partners can benefit from a wide range of business opportunities financed by International Financial Institutions (IFIs), while enhancing sustainable business.
IFIs provide a large and growing, yet underutilized, global market for Finnish companies and their partners, representing a less risky financing source especially in emerging and developing markets.
IFIs refer mainly to multilateral development banks – such as the World Bank and the regional development banks – promoting sustainable social and economic development. EU development financing is also considered in this framework.
IFIs account for some 150 billion USD of annual financial flows towards developing markets alone. Most IFIs work mainly in developing countries and some provide financing also for developed economies especially in Europe. IFI financed business opportunities cover a wide range of industries including energy, transport, mining, water supply and sanitation, urban and rural development, health and education.
Main Business
Opportunities
Finnish companies and their partners can compete for IFI financed public procurement opportunities, particularly when Finland is a member country of the IFI in question. IFIs finance governments and other public entities in their countries of operations and part of this financing generates public procurement opportunities. These range from large-scale infrastructure works and goods to solutions and services.
Finnish companies and their partners can seek benefit from IFI investment financing for bankable private sector projects in IFI countries of operations, either as investors or as suppliers. IFIs can also mobilize significant third-party resources for the bankable investment projects. While most investment opportunities directly financed by IFIs tend to focus on large-scale investment opportunities, a few venture funding and networking initiatives focusing on smaller companies have also emerged recently.
This 2021 handbook provides a structured information package on the IFI financed market and related business opportunities.
This 2019 guide by the Ministry for Foreign Affairs of Finland provides a wealth of information on the procurements by the international development financiers, including IFIs.
These 2021 webinar presentation materials provide a brief overview of the IFI financed market, our IFI service model in piloting as well as of selected tools and initiatives towards the IFI financed opportunities.
Business Finland, together with the Ministry for Foreign Affairs of Finland, helps Finnish companies to better access sustainable IFI financed business opportunities. We help Finnish companies to explore and access IFI financed procurement and investment opportunities by:
Our work on IFI financed procurement and investment opportunities focuses on emerging and developing countries, without excluding others. The current pilot countries for our IFI related services are:
Our services are meant for Business Finland customers as well as for their partners such as research organizations.