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50940: EAICF BlackRock
Details
Location:Afghanistan, Bangladesh, Bhutan, Brunei, Cambodia, India, Indonesia, Laos, Malaysia, Maldives, Myanmar, Nepal, Pakistan, Philippines, Singapore, Sri Lanka, Thailand, Timor-Leste, Vietnam
Category:Unspecified/other
Status:Approval
Sectors:Private Sector & Trade, Financial Services & Audit
Languages:English
Contracting authority: BlackRock, Inc.
Description
EAICF BlackRock Summary of Investment Information Project Number 50940 Company Name Emerging Asia Infrastructure Credit Fund SCSp Date SPI Disclosed May 20, 2026 Country Southeast Asia Subregion Region East Asia and the Pacific Projected Board Date Jan 8,
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tender Background
About the Funding Agency
The IFC, or International Finance Corporation, is a member of the World Bank Group and the world's largest development institution focused exclusively on the private sector in emerging markets. It provides investment, advisory services, and asset management to support private sector development and create jobs in developing countries. Established in 1956, the IFC works to mobilize private capital for projects ranging from small businesses to large-scale infrastructure, helping to reduce poverty and improve living standards.
IFC - International Finance Corporation (World Bank) - Our commitment to alleviating poverty and creating opportunity is reflected in our values: As a member of the World Bank Group,
IFC has two overarching goals:
- End extreme poverty by 2030
- Boost shared prosperity—in every developing country
About the Sectors
Private Sector & Trade
Entails initiatives that promote entrepreneurship, strengthen competitive markets, and expand domestic and international trade opportunities.
Key areas:
- Private sector development and SME/MSME support
- Entrepreneurship, start-ups, and business growth initiatives
- Trade facilitation, import/export, and market access
- Commerce, retail/wholesale, and free trade mechanisms
Financial Services & Audit
Covers financial, banking, insurance, investment, and audit services related to the management, transfer, and oversight of financial resources.
Key areas:
- Financial services, banking, and insurance
- Accounting, auditing, and financial reporting
- Investment, capital markets, and financial inclusion
Locations
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Afghanistan’s infrastructure base remains severely underdeveloped after decades of conflict, with major gaps in transport, electricity generation and water systems. Connectivity projects linking Central and South Asia have been viewed as potential drivers of trade and economic stabilisation. However, limited fiscal space, sanctions-related financial isolation and weak institutional capacity significantly constrain infrastructure financing and private investment. Sustainable development will depend on improved governance frameworks, regional cooperation and gradual restoration of investor confidence.
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Bangladesh
Bangladesh has undertaken extensive infrastructure expansion - including bridges, metro systems, ports and power plants - to sustain rapid industrial and export-led growth. Improved logistics and electricity access have strengthened manufacturing competitiveness, particularly in garments. Large-scale public investment and external financing have underpinned this transformation. Strengthening financial governance, climate resilience and urban infrastructure management will be critical for continued progress.
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Nr. of jobs: 126
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