10 April 2019

South Asia Infrastructure for Growth Trust Fund

Written by World Bank and AusAid
10 April 2019

Date of effectiveness: 2008

The South Asia Infrastructure for Growth Initiative (IFGI), the second partnership between AusAID and the South Asia Region of the World Bank was structured in the backdrop of the severe infrastructure deficit faced by South Asia. The main objective of the Trust Fund (TF), which started its operations in 2008, is to foster an enabling environment for infrastructure delivery and to facilitate infrastructure service delivery. A corollary to this goal is to improve cooperation between the partners and thus aid effectiveness in South Asia.The importance of infrastructure for economic development and trade needs no further emphasis.