OPEC Fund for International Development

Food Commodities Imports Financing Project

Last update: Jun 17, 2019 Last update: Jun 17, 2019

Details

Location:Egypt
Egypt
Category:Unspecified/other
Status:Completion and evaluation
Sectors:Non-specialized Goods / Services, Private Sector & Trade
Contracting authority:
Eligibility:Unknown
Budget: USD 200,000,000
Date posted: May 17, 2019

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Project cycle timeline

STAGES
EARLY INTELLIGENCE
PROCUREMENT
IMPLEMENTATION
Cancelled
Status
Programming
Formulation
Approval
Forecast
Open
Closed
Shortlisted
Awarded
Evaluation

Description

Food Commodities Imports Financing Project

14201 // Egypt

Borrower Arab Republic of Egypt
Financing Type Private Sector & Trade Finance
Instrument Trade
Focus Area Financial
Approved 17.04.2019
Signed 25.04.2019
Status Ongoing
Loan Administrator ITFC
Co-financiers ITFC, Other FIs
OPEC Fund Contribution (US$m) 20.00
S
Hidden
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tender Background

About the Funding Agency

The OPEC Fund for International Development (OFID) is the intergovernmental development finance institution established in 1976 by the Member States of the Organization of the Petroleum Exporting Countries (OPEC). OFID was conceived at the Conference of the Sovereigns and Heads of State of OPEC Member Countries, which was held in Algiers, Algeria, in March 1975. A Solemn Declaration of the Conference "reaffirmed the natural solidarity which unites OPEC countries with other developing countries in their struggle to overcome underdevelopment," and called for measures to strengthen cooperation between these countries.

About the Sectors

Non-specialized Goods / Services

Covers general goods and services that support daily operations, facilities management, and basic institutional needs.


Key areas:
  • Facility support services (cleaning, catering, maintenance)
  • Rental services (offices, venues, accommodation, parking)
  • Supply of basic goods and consumables
  • Office, household, visibility, and event-related supplies

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

Locations

Egypt

Egypt has undertaken one of its most ambitious infrastructure investment programs in history, with hundreds of billions of dollars allocated to transport networks, new urban developments, energy and water systems, and industrial zones that underpin economic diversification and regional integration. These investments - including extensive road and rail expansion, smart city initiatives, and major renewable and utility projects - have enhanced Egypt’s position as a logistics and production hub while supporting macroeconomic stability and private sector growth. Public service delivery indices rank the country highly in infrastructure quality among Africa’s economies, though reforms continue to improve the regulatory climate and attract foreign investment.

Nr. of tenders: 14047
Nr. of grants: 3520
Nr. of donors: 732
Nr. of jobs: 63
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