International Financial Institutions

Washington is not only the capital of the United States, it also hosts the headquarters of important institutions of international development organizations like the World Bank and the International Monetary Fund.

© Getty Images/Ivanko_Brnjakovic

The International Financial Institutions (IFIs) Liaison at RGIT supports German companies as well as member companies of the German Chambers of Commerce and Industry to participate successfully in projects financed by the World Bank, the Inter-American Development Bank (IDB) and the Millennium Challenge Corporation (MCC). In particular, we offer support about procurement, bidding processes, and billing questions within World Bank, IDB, and MCC financed projects. Furthermore, we organize trade missions to Washington, D.C. to provide participating companies with a better understanding of the internal processes of these organizations.

 

 

Fact Finding Mission to the International Finance Institutions (IFIs) Washington, DC December 2nd- 4th 2019

This trip is designed for companies that are interested in developing business opportunities in emerging markets and developing countries in partnership with the World Bank, the Inter-American Development Bank (IDB) and the Millennium Challenge Corporation (MCC). The program is intended to give German companies insight into how they can successfully participate in the projects and programs of the aforementioned development organizations.

The event provides an opportunity to get an overview of the Washington development ecosystem and to establish contacts with the relevant project managers in their respective organizations. This trip is aimed at consultants, planning and engineering firms, service providers and exporting companies. Every year, the World Bank Group and the Inter-American Development Bank (IDB) fund projects, covering a wide range of topics: education, energy, urban development, health, administrative reforms, and much more. The World Bank alone spends around $45 billion on project loans, grants, participations and guarantees to developing countries annually, generating more than 100,000 contracts with a total value of more than $25 billion for the private sector. With their products and their expertise, German companies are well placed to successfully bid on IFI-financed projects. Knowledge about the internal functioning of the institutions, contacts with the bank's specialists, and an understanding of their procurement system are indispensable.

Costs and organization

The cost of the program is €1,100 per participant. Travel expenses and hotel accommodation are not included in the price. The registration deadline is on the 4th of November 2019. We would be delighted if you would like to register for the trip via e-mail with the enclosed reply form. We also recommend booking your own health, accident, and emergency evacuation insurance policy. If there are any questions, please do not hesitate to contact us.