Wednesday, September 29, 2010
Billions of dollars in international development projects are financed annually by the International Financial Institutions (IFIs). Canadian firms regularly win contracts awarded through the traditional "project procurement" route whereby implementing agencies in IFI borrowing member countries manage the procurement and contracting process for their respective projects directly.
But another avenue of business opportunity for Canadian firms is via IFI "Corporate Procurement". Also known as “administrative procurement”, this type of procurement originates from the respective headquarters of each IFI and, generates approximately US$1 billion (WB) and $75 million (IDB) annually in goods and services contracts. These business opportunities involve purchases to meet the internal needs of the IFIs to manage their day-to-day operations, both at headquarters and, in their many field offices in borrowing countries around the globe.
In addition to the goods and services procured for their own internal use, there are also opportunities related to the preparation of various projects and programs at the pre-approval stages - defined as “operational consulting”.
On September 29th, join us for a webinar with Corporate Procurement specialists from the WB and IDB, to learn more about:
To register for this online webinar, please click here to start the process.
This webinar is presented by the: Office of Liaison with International Financial Institutions (OLIFI) Embassy of Canada, Washington, D.C.
Questions may be directed to: Amber Germain, Trade Commissioner (IFIs) firstname.lastname@example.org | 202-448-6416
1301-1809 Barrington Street, Halifax, NS B3J 3K8