IFC: Creating good jobs - the surest path out of poverty

Last Modified: Sun Oct 30 2016 19:44:42 GMT+0530 (India Standard Time)
  • 2.4 million
    number of jobs that IFC helped its clients support in 2015 alone!
  • 5,500
    people employed in the Oyu Tolgoi copper and gold mine in Mongolia. International Finance Corporation (IFC) helped arrange a $2.2 billion investment.
  • 1,700
    jobs expected to be generated over the next five years on account of the expansion of Souq Group, the largest e-commerce platform in the MENA region. IFC and IFC Asset Management Company are investing $27 million.
  • 1,000
    jobs expected to be created by 2017 at Key Safety Systems to build a plant for airbag cushions in Macedonia. IFC provided a loan of €8 million loan.
  • 800
    local workers will be employed in the expansion of Australia’s Tiger Resources Kipoi copper mine in the Democratic Republic of Congo. IFC's investment - $45.5 million.
  • 5,000
    jobs expected to be created at food retailer City Mart Holdings in Myanmar as it expands its operations. IFC's investment through a a convertible loan of up to $25 million.