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Financing: What We Do

Financing of essential air transport infrastructure often represents a challenge for developing countries. The air transport sector is increasingly recognized as an
important field in the World Bank Group's development activities, in terms of expertise as well as its economic impact. Although air transport represents a modest part of the WBG's portfolio, the WBG is the international development institution devoting by far the largest amount of funding in the sector. (Read more in the paper: Financing of Essential Air Transport Infrastructure- A Challenge for Developing Countries)

In fiscal year 2009, there were 30 major projects in all regions
of IBRD and IDA, 26 active IFC investments and several
advisory mandates. The total active portfolio financed by loans
or grants of IBRD and IDA increased to $690 million, a
30.1% increase from the previous year.

However, IFC's air transport investment portfolio slightly decreased to $649.7 million from last year's $717.2 million. The decline in IFC's new commitments was mainly driven by the postponement of investment projects by some clients, in response to uncertainties of the economic context.

projects financing increase

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AIR TRANSPORT INVESTING BY REGION (IBRD&IDA)


map
Africa:
$247.7 million
East Asia & Pacific:
$6.4 million
Europe & Central Asia:
$2.8 million
Latin America & Caribbean:
$2.0 million
Middle East & North Africa:
$363.8 million
South Asia:
$30.3 million
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AIR TRANSPORT PROJECTS

Active | Closed 

Africa
West & Central Africa Air Transport Safety and Security Project
Active, April 2006

East Asia and Pacific
Technical Assistance to Tonga Civil Aviation Authority
Active, July 2008

South Asia
Nepal Economic Reform Technical Assistance
Closed, December 2009

Europe and Central Asia
Tajikistan Third Programmatic Development Policy (PDPG3)
Closed, September 2009

Middle East and North Africa
Egypt Airports Development Project
Closed, June 2009

Latin America and Caribbean
Guatemala Competitiveness Project CAA Capacity Building
Closed, June 2009
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RELATED CONTENT

Air Transport Privatization
IFC
MIGA
IATA 
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RESULTS

results

West & Central Africa
Air Transport Safety and Security Project ($151.5 million)
 

This project was initiated
to create a safe and
secure environment for
air transport in West
and Central Africa,
and facilitate African
carriers to competitively
access regional and
worldwide markets.



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