Tourism, Retail, and Property | International Finance Corporation (IFC)

<!DOCTYPE HTML> <html lang="en"> <head> <meta charset="UTF-8"/> <title>Tourism, Retail, and Property | International Finance Corporation (IFC)</title> <link rel="preconnect" href="https://fonts.gstatic.com/" crossorigin=""/> <link rel="preconnect" href="https://s7d1.scene7.com/" crossorigin=""/> <link rel="preload" as="image" href="/content/dam/ifc/corporate/logo/IFC-Logo.svg"/> <link rel="shortcut icon" href="/content/dam/ifc/migration/favicon.ico" type="image/png"/> <meta name="keywords" content="Tourism, Retail, Construction, and Real Estates"/> <meta name="description" content="IFC is committed to promoting private sector development in emerging markets, and our work in tourism, retail, and property is a key part of that mission. "/> <meta name="template" content="individual-sector"/> <meta name="viewport" content="width=device-width, initial-scale=1"/> <link rel="stylesheet" href="https://fonts.googleapis.com/css2?family=Ubuntu:ital,wght@0,300;0,400;0,500;0,700;1,300;1,400;1,500;1,700&display=swap"/> <meta property="og:title" content="IFC's Work in Tourism, Retail, and Property"/> <meta property="og:url" content="https://www.ifc.org/en/what-we-do/sector-expertise/tourism-retail-property"/> <meta property="og:site_name" content="IFC"/> <meta property="og:description" content="IFC is committed to promoting private sector development in emerging markets, and our work in tourism, retail, and property is a key part of that mission. "/> <meta property="og:type" content="article"/> <meta property="og:image:type" content="image/jpg"/> <meta property="og:image:width" content="1200"/> <meta property="og:image:height" content="630"/> <meta property="og:image" content="https://www.ifc.org/content/dam/ifc/photos/2023/13951219860-37a215caa5-o.jpg"/> <meta name="twitter:card" content="summary_large_image"/> <meta name="twitter:site" content="IFC"/> <meta name="twitter:title" content="IFC's Work in Tourism, Retail, and Property"/> <meta name="twitter:description" content="IFC is committed to promoting private sector development in emerging markets, and our work in tourism, retail, and property is a key part of that mission. "/> <meta name="twitter:image" content="https://www.ifc.org/content/dam/ifc/photos/2023/13951219860-37a215caa5-o.jpg"/> <meta name="dcterms.title" content="IFC's Work in Tourism, Retail, and Property"/> <meta name="dcterms.type" content="Text/HTML"/> <meta name="dcterms.identifier" content="https://www.ifc.org/en/what-we-do/sector-expertise/tourism-retail-property"/> <meta name="dcterms.language" content="English"/> <link rel="canonical" href="https://www.ifc.org/en/what-we-do/sector-expertise/tourism-retail-property"/> <link rel="stylesheet" href="/etc.clientlibs/ifc/clientlibs/clientlib-base.css" type="text/css"> <script src="/etc.clientlibs/ifc/clientlibs/clientlib-dependencies.js"></script> <link rel="stylesheet" href="/etc.clientlibs/ifc/clientlibs/clientlib-dependencies.css" type="text/css"> <link rel="stylesheet" href="/etc.clientlibs/ifc/clientlibs/clientlib-vendor/jquery.css" type="text/css"> <link rel="stylesheet" href="/etc.clientlibs/ifc/clientlibs/clientlib-vendor/popper.css" type="text/css"> <link rel="stylesheet" href="/etc.clientlibs/ifc/clientlibs/clientlib-vendor/bootstrap.css" type="text/css"> <link rel="stylesheet" href="/etc.clientlibs/ifc/clientlibs/clientlib-site-icon.css" type="text/css"> <link rel="stylesheet" href="/etc.clientlibs/ifc/clientlibs/clientlib-site-author.css" type="text/css"> <link rel="stylesheet" href="/etc.clientlibs/ifc/clientlibs/clientlib-site-publish.css" type="text/css"> <script> var wbgData = wbgData || {}; wbgData.page = { pageInfo: { pageName: "en:ifc:ifc:/en/what-we-do/sector-expertise/tourism-retail-property", pageCategory: "content page", pageUid: "e9d5bc25-326c-432a-b5e1-ba334371fc8c", pageFirstPub: "", pageLastMod: "05-16-2024", author: "", topicTag: "Tourism, Retail, Construction, and Real Estates", subtopicTag: "", contentType: "Web Page", channel: "ifc what we do ext", webpackage: "TRP" }, sectionInfo: { siteSection: "", subsectionP2: "Tourism, Retail, and Property | International Finance Corporation (IFC)", subsectionP3: "", subsectionP4: "", subsectionP5: "", } } wbgData.site = { siteInfo: { siteLanguage: "en", siteCountry: "", siteEnv: "prod", siteType: "ifc", siteRegion: "", userIpaddressType: "10.47.0.27", }, techInfo: { cmsType: "AEM", bussVPUnit: "CSVPU", bussUnit: "COMMS", bussUserGroup: "external", bussAgency: "IFC", }, } wbgData.misc = { eventstatus: "", } </script> <script src="//assets.adobedtm.com/223f6e2cf7c9/222eb671b1af/launch-6136c59bf2cd.min.js" async></script> </head> <body class="page basicpage" id="page-afc68f3e7c" data-cmp-link-accessibility-enabled data-cmp-link-accessibility-text="opens in a new tab"> <div> <div> </div> </div> <div class="root container responsivegrid"> <div id="container-88bff8d66d" class="cmp-container"> <div class="aem-Grid aem-Grid--12 aem-Grid--default--12 "> <div class="experiencefragment aem-GridColumn aem-GridColumn--default--12"> <div id="experiencefragment-c95265c706" class="cmp-experiencefragment cmp-experiencefragment--header-mega-menu"> <div id="container-4f19219ddf" class="cmp-container"> <div class="aem-Grid aem-Grid--12 aem-Grid--default--12 "> <div class="megamenu aem-GridColumn aem-GridColumn--default--12"> <script src="/etc.clientlibs/ifc/components/headersection/clientlibs/editor.js"></script> <script src="/etc.clientlibs/ifc/components/header/megamenu/clientlibs/editor.js"></script>  <div class="hidden-sm hidden-xs"> <a tabindex="0" id="skip-to-main-content" class="visually-hidden focusable" href="#main">Skip to Main Navigation</a> <header> <div class="hidden-sm"> <div class="ifc_emergency_bar"> <div class="ifc-grid"> <ul class="ifc_emergency_bar_nav"> <li class="ifc_emergency_bar_nav_list"><a href="https://disclosures.ifc.org/" class="ifc__megamenu_item" aria-current="page">Disclosures</a></li> <li class="ifc_emergency_bar_nav_list"><a href="/en/insights-reports" class="ifc__megamenu_item" aria-current="page">Insights & Reports</a></li> <li class="ifc_emergency_bar_nav_list"><a href="/en/news" class="ifc__megamenu_item" aria-current="page">News</a></li> </ul> </div> </div> </div> <div class="ifc__navbar ifc__navbar_default"> <div class="ifc-grid"> <div class="ifc__navbar_header"> <a href="/en/home" title="IFC logo" class="ifc__navbar_brand"> <img title="IFC logo" alt="IFC logo" width="200" height="35" src="/content/dam/ifc/corporate/logo/IFC-Logo.svg" class="img-responsive"/> </a> </div> <div class="ifc__menulist_wrappper"> <div class="lp__megamenu"> <nav class="ifc__megamenu"> <ul class="ifc__navbar_nav"> <li class="lp__megamenu_list"> <a href="/en/about" class="ifc__megamenu_item" aria-label="Who We Are">Who We Are</a> <div class="ifc__megamenu_dropdown"> <div class="ifc-grid"> <div class="aem-Grid"> <div class="aem-GridColumn--desktop--3 aem-GridColumn--phone--12"> <div class="ifc__submenu_list "> <div class="ifc__submenu_title" role="heading" tabindex="0">Who We Are</div> <p class="ifc__megamenu_lg_text" tabindex="0">IFC is the largest global development institution focused on the private sector in developing countries. By encouraging growth, IFC advances economic development, creates jobs and improves the lives of people. </p> <a href="https://www.ifc.org/en/about" class="ifc__btn ifc__btn_md ifc__blue_btn" tabindex="0">More About Us</a> </div> </div> <div class="aem-GridColumn--desktop--3 aem-GridColumn--phone--12"> <div class="ifc__submenu_list "> <div class="ifc__submenu_list_title" aria-level="2" role="heading" tabindex="0">About IFC</div> <ul> <li><a href="https://www.ifc.org/en/about/leadership">Our Leadership</a></li> <li><a href="https://www.ifc.org/en/about/partnerships">Development Partners</a></li> <li><a href="https://www.ifc.org/en/about/diversity-equity-inclusion">Diversity, Equity and Inclusion</a></li> </ul> </div> </div> <div class="aem-GridColumn--desktop--3 aem-GridColumn--phone--12"> <div class="ifc__submenu_list "> <div class="ifc__submenu_list_title" aria-level="2" role="heading" tabindex="0">Accountability</div> <ul> <li><a href="https://www.ifc.org/en/about/accountability">Learn more about accountability</a></li> </ul> </div> </div> <div class="aem-GridColumn--desktop--3 aem-GridColumn--phone--12"> <div class="ifc__submenu_list"> <div class="ifc__submenu_list_title" aria-level="2" role="heading" tabindex="0">IFC's Annual Report</div> <ul> <li><a href="https://www.ifc.org/annualreport/download">Download the Report</a></li> </ul> </div> </div> </div> </div> </div> </li> <li class="lp__megamenu_list"> <a href="/en/what-we-do" class="ifc__megamenu_item" aria-label="What We Do">What We Do</a> <div class="ifc__megamenu_dropdown"> <div class="ifc-grid"> <div class="aem-Grid"> <div class="aem-GridColumn--desktop--3 aem-GridColumn--phone--12"> <div class="ifc__submenu_list "> <div class="ifc__submenu_title" role="heading" tabindex="0">What We Do</div> <p class="ifc__megamenu_lg_text" tabindex="0">IFC advances economic development and improves the lives of people by encouraging the growth of the private sector in developing countries. We achieve this by investing in impactful projects, mobilizing other investors, and sharing expertise. </p> <a href="https://www.ifc.org/en/what-we-do" class="ifc__btn ifc__btn_md ifc__blue_btn" tabindex="0">What We Do Overview</a> </div> </div> <div class="aem-GridColumn--desktop--3 aem-GridColumn--phone--12"> <div class="ifc__submenu_list "> <div class="ifc__submenu_list_title" aria-level="2" role="heading" tabindex="0">SOLUTIONS</div> <ul> <li><a href="https://www.ifc.org/en/what-we-do/products-and-services">Our products and services</a></li> </ul> </div> </div> <div class="aem-GridColumn--desktop--3 aem-GridColumn--phone--12"> <div class="ifc__submenu_list "> <div class="ifc__submenu_list_title" aria-level="2" role="heading" tabindex="0">OUR PRIORITIES</div> <ul> <li><a href="https://www.ifc.org/en/what-we-do/sector-expertise/climate-business">Climate Business</a></li> <li><a href="https://www.ifc.org/en/what-we-do/sector-expertise/fragile-and-conflict-affected-situations">Fragile & Conflict Afflicted Situations</a></li> <li><a href="https://www.ifc.org/en/what-we-do/sector-expertise/gender">Gender</a></li> <li><a href="https://www.ifc.org/en/what-we-do/sector-expertise/mobilizing-private-capital">Mobilizing Private Capital</a></li> <li><a href="https://www.ifc.org/en/what-we-do/topics/sustainability">Sustainability</a></li> </ul> </div> </div> <div class="aem-GridColumn--desktop--3 aem-GridColumn--phone--12"> <div class="ifc__submenu_list"> <div class="ifc__submenu_list_title" aria-level="2" role="heading" tabindex="0">SECTORS & EXPERTISE</div> <ul> <li><a href="https://www.ifc.org/en/what-we-do/sector-expertise/agribusiness-forestry">Agribusiness & Forestry</a></li> <li><a href="https://www.ifc.org/en/what-we-do/sector-expertise/creative-industries">Creative Industries</a></li> <li><a href="https://www.ifc.org/en/what-we-do/sector-expertise/education">Education</a></li> <li><a href="https://www.ifc.org/en/what-we-do/sector-expertise/financial-institutions">Financial Institutions</a></li> <li><a href="https://www.ifc.org/en/what-we-do/sector-expertise/funds">Funds</a></li> <li><a href="https://www.ifc.org/en/what-we-do/sector-expertise/health">Health</a></li> <li><a href="https://www.ifc.org/en/what-we-do/sector-expertise/infrastructure">Infrastructure</a></li> <li><a href="https://www.ifc.org/en/what-we-do/sector-expertise/manufacturing">Manufacturing</a></li> <li><a href="https://www.ifc.org/en/what-we-do/sector-expertise/public-private-partnerships">Public-Private Partnerships</a></li> <li><a href="https://www.ifc.org/en/what-we-do/sector-expertise/tourism-retail-property">Tourism, Retail & Property</a></li> <li><a href="https://www.ifc.org/en/what-we-do/sector-expertise/trade-and-supply-chain-finance">Trade & Supply Chain Finance</a></li> <li><a href="https://www.ifc.org/en/what-we-do/sector-expertise/venture-capital">Venture Capital</a></li> <li><a href="https://www.ifc.org/en/what-we-do/sector-expertise/creating-business-creating-opportunities">Working Upstream</a></li> </ul> </div> </div> </div> </div> </div> </li> <li class="lp__megamenu_list"> <a href="/en/where-we-work" class="ifc__megamenu_item" aria-label="Where We Work">Where We Work</a> <div class="ifc__megamenu_dropdown"> <div class="ifc-grid"> <div class="aem-Grid"> <div class="aem-GridColumn--desktop--3 aem-GridColumn--phone--12"> <div class="ifc__submenu_list "> <div class="ifc__submenu_title" role="heading" tabindex="0">Where We Work</div> <p class="ifc__megamenu_lg_text" tabindex="0">As the largest global development institution focused on the private sector, IFC operates in more than 100 countries around the globe. We apply lessons learned in one region to solve problems in another. </p> <a href="https://www.ifc.org/en/where-we-work" class="ifc__btn ifc__btn_md ifc__blue_btn" tabindex="0">Overview</a> </div> </div> <div class="aem-GridColumn--desktop--3 aem-GridColumn--phone--12"> <div class="ifc__submenu_list "> <div class="ifc__submenu_list_title" aria-level="2" role="heading" tabindex="0">By Region</div> <ul> <li><a href="https://www.ifc.org/en/where-we-work/east-asia-and-the-pacific">East Asia & Pacific</a></li> <li><a href="https://www.ifc.org/en/where-we-work/europe">Europe</a></li> <li><a href="https://www.ifc.org/en/where-we-work/latin-america-and-the-caribbean">Latin America & the Caribbean</a></li> <li><a href="https://www.ifc.org/en/where-we-work/middle-east">Middle East, Central Asia, Türkiye, Afghanistan, and Pakistan</a></li> <li><a href="https://www.ifc.org/en/where-we-work/south-asia">South Asia</a></li> <li><a href="https://www.ifc.org/en/where-we-work/africa">Africa</a></li> </ul> </div> </div> </div> </div> </div> </li> <li class="lp__megamenu_list"> <a href="/en/our-impact" class="ifc__megamenu_item" aria-label="Our Impact">Our Impact</a> <div class="ifc__megamenu_dropdown"> <div class="ifc-grid"> <div class="aem-Grid"> <div class="aem-GridColumn--desktop--3 aem-GridColumn--phone--12"> <div class="ifc__submenu_list "> <div class="ifc__submenu_title" role="heading" tabindex="0">Our Impact</div> <p class="ifc__megamenu_lg_text" tabindex="0">Our impact improves lives. IFC brings a clear set of advantages to the world’s most challenging markets. Including a history of innovation, a global mandate, and a determination to achieve measurable development impact.</p> <a href="https://www.ifc.org/en/our-impact" class="ifc__btn ifc__btn_md ifc__blue_btn" tabindex="0">Our Impact Overview</a> </div> </div> <div class="aem-GridColumn--desktop--3 aem-GridColumn--phone--12"> <div class="ifc__submenu_list "> <div class="ifc__submenu_list_title" aria-level="2" role="heading" tabindex="0">PRINCIPLES & MEASUREMENT</div> <ul> <li><a href="https://www.ifc.org/en/our-impact/impact-investing-at-ifc">Impact Investing at IFC</a></li> <li><a href="https://www.ifc.org/en/our-impact/measuring-and-monitoring">Measuring & Monitoring (AIMM)</a></li> <li><a href="https://www.ifc.org/en/our-impact/evaluation">Evaluation</a></li> <li><a href="https://www.ifc.org/en/our-impact/sustainable-development-goals">Sustainable Development Goals (SDGs)</a></li> </ul> </div> </div> </div> </div> </div> </li> </ul> </nav> </div> </div> <div class="lp__megamenu ifc__megamenu_right_section"> <div class="ifc__megamenu" aria-label="secondary"> <div class="ifc__navbar_nav"> <div class="lp__megamenu_list ifc__workwithus">  <a href="" class="ifc__megamenu_item " aria-label="Work with us">Work With Us</a>  <div class="ifc__megamenu_dropdown ifc__workwithus_dropdown">  <div class="aem-Grid"> <div class="aem-GridColumn--desktop--4 aem-GridColumn--phone--12"> <div class="ifc__submenu_list "> <div class="ifc__submenu_title" role="heading" tabindex="0">Work With Us</div> <p class="ifc__megamenu_lg_text" tabindex="0">Owned by 186 member countries and consistently rated AAA/Aaa. IFC aims to achieve our mission of promoting development by providing debt and equity to the private sector, through a range of benchmark and bespoke products.</p> </div> </div> <div class="aem-GridColumn--desktop--3 aem-GridColumn--phone--12"> <div class="ifc__submenu_list "> <div class="ifc__submenu_list_title" aria-level="2" role="heading" tabindex="0">For Partners</div> <ul> <li><a href="https://www.ifc.org/en/about/partnerships">Partners</a></li> <li><a href="https://www.ifc.org/en/about/partnerships#partners">Governments</a></li> <li><a href="https://www.ifc.org/en/about/accountability">CSOs/NGOs</a></li> </ul> </div> </div> <div class="aem-GridColumn--desktop--3 aem-GridColumn--phone--12"> <div class="ifc__submenu_list "> <div class="ifc__submenu_list_title" aria-level="2" role="heading" tabindex="0">For Investors</div> <ul> <li><a href="https://www.ifc.org/en/about/investor-relations">Investor Relations</a></li> <li><a href="https://www.ifc.org/en/about/investor-relations/green-bonds">Green Bonds</a></li> <li><a href="https://www.ifc.org/en/about/investor-relations/social-bonds">Social Bonds</a></li> </ul> </div> </div> <div class="aem-GridColumn--desktop--2 aem-GridColumn--phone--12"> <div class="ifc__submenu_list "> <div class="ifc__submenu_list_title" aria-level="2" role="heading" tabindex="0">Get in Touch</div> <ul> <li><a href="https://www.ifc.org/en/what-we-do/products-and-services/how-to-apply-for-financing">Apply for Financing</a></li> <li><a href="https://www.ifc.org/en/about/careers">IFC Careers</a></li> <li><a href="https://disclosures.ifc.org/inquiries">General Inquiries</a></li> </ul> </div> </div>  </div> </div> </div> </div> </div> <div class="lp__globalsearch"> <div class="sr-only" id="search-label">global Search dropdown</div> <a class="lang-lable" href="#" role="button" id="globalsearch-label" data-toggle="dropdown" aria-expanded="false" aria-labelledby="search-label"> </a> <div class="dropdown-menu ifc__dropdown_menu" aria-labelledby="search-label" style=""> <div class="ifc-grid"> <div class="aem-Grid"> <div class="ifc__secondary_search"> <label class="ifc__input_text sr-only" for="ifc_search">Search ifc.org</label> <form class="ifc__input_group" name="searchbox" method="post" id="ifc__input_search_redirect" onsubmit="handleSubmit(event)"> <input type="search" placeholder="Search ifc.org" class="search-input-field" name="qterm" id="ifc_search" aria-label="Search"/> <input class="ifc__submit_icon" type="image" src="/content/dam/ifc/corporate/logo/search-black.svg" alt="search"/> <input type="hidden" name="lang_exact" value="English"/> </form> </div> </div> </div> </div> </div> </div> </div> </div> </header> </div> <div class="hidden-lg hidden-md"> <header> <div class="ifc__navbar ifc__navbar_default"> <div class="ifc-grid"> <div class="ifc__navbar_header"> <a href="/en/home" title="IFC logo" class="ifc__navbar_brand"> <img title="IFC logo" alt="IFC logo" width="200" height="35" src="/content/dam/ifc/corporate/logo/IFC-Logo.svg" class="img-responsive"/> </a> </div>     <div class="lp__menuButton"> <button type="button" class="ifc__navbar_toggle collapsed" data-toggle="collapse" data-target="#menuItems" aria-expanded="false" aria-controls="menuItems" aria-label="menu"></button> </div>   <div class="ifc__menulist_wrappper"> <div class="ifc__navbar_collapse collapse lp__megamenu" id="menuItems"> <nav class="megamenu">  <div class="header-search-section hidden-lg hidden-md"> <form name="hiddensearch" id="globalsearchId-mob" action="" method="get" style="display:none" aria-hidden="true" class="ifc__megamenu_list"> <input id="global_search-mob" type="hidden" name="q" title="searchtexthidden1" role="group" aria-expanded="false" aria-hidden="true" class="dropdown"/> </form> <label for="mobile-globalsearch" class="sr-only ifc__megamenu_list">Global Search</label> <form role="search" class="ifc__input_group ifc__megamenu_list" id="ifc-desktop-search" name="searchbox" onsubmit="handleSubmit(event)"> <input type="text" id="mobile-globalsearch" placeholder="Search worldbank.org" class="search-input-field-1 global_search_form_mobile" name="qterm_test" title=""/> <button type="reset" title="Clear" class="search-reset-btn" onclick="javascript:clear_search_form();"><span class="ifc-search-close"></span></button> <button type="submit" title="Search" class="search-submit-icon ifc-yellow-btn dropdown" onclick="javascript:submit_search_form();" id="ifc__megamenu7" role="group" aria-expanded="false" aria-hidden="true"><span class="sr-only" aria-hidden="true">Search button</span> </button> </form> </div>  <ul class="ifc__navbar_nav"> <li class="lp__megamenu_list"> <a href="/en/about" class="ifc__megamenu_item" data-toggle="dropdown" aria-expanded="false">Who We Are</a> <div class="ifc__megamenu_dropdown dropdown-menu"> <div class="ifc-grid"> <div class="aem-Grid"> <div class="aem-GridColumn--desktop--3 aem-GridColumn--phone--12"> <div class="ifc__submenu_list "> <div><a class="close_btn" href="#"><span class="ifc-back-icon"></span> Back </a></div> <div class="ifc__submenu_title" role="heading">Who We Are</div> <a href="https://www.ifc.org/en/about" class="ifc__btn ifc__btn_md ifc__blue_btn">More About Us</a><br/> <a class="ifc__megamenu_viewalllink" href="https://www.ifc.org/en/about"></a> <hr/> </div> </div> <div class="aem-GridColumn--desktop--3 aem-GridColumn--phone--12"> <div class="ifc__submenu_list "> <div class="ifc__submenu_list_title" aria-level="2" role="heading" tabindex="0">About IFC</div> <ul> <li><a href="https://www.ifc.org/en/about/leadership">Our Leadership</a></li> <li><a href="https://www.ifc.org/en/about/partnerships">Development Partners</a></li> <li><a href="https://www.ifc.org/en/about/diversity-equity-inclusion">Diversity, Equity and Inclusion</a></li> </ul> <hr/> </div> </div> <div class="aem-GridColumn--desktop--3 aem-GridColumn--phone--12"> <div class="ifc__submenu_list"> <div class="ifc__submenu_list_title" aria-level="2" role="heading" tabindex="0">Accountability</div> <ul> <li><a href="https://www.ifc.org/en/about/accountability">Learn more about accountability</a></li> </ul> <hr/> </div> </div> <div class="aem-GridColumn--desktop--3 aem-GridColumn--phone--12"> <div class="ifc__submenu_list"> <div class="ifc__submenu_list_title" aria-level="2" role="heading" tabindex="0">IFC's Annual Report</div> <ul> <li><a href="https://www.ifc.org/annualreport/download">Download the Report</a></li> </ul> </div> </div> </div> </div> </div> </li> <li class="lp__megamenu_list"> <a href="/en/what-we-do" class="ifc__megamenu_item" data-toggle="dropdown" aria-expanded="false">What We Do</a> <div class="ifc__megamenu_dropdown dropdown-menu"> <div class="ifc-grid"> <div class="aem-Grid"> <div class="aem-GridColumn--desktop--3 aem-GridColumn--phone--12"> <div class="ifc__submenu_list "> <div><a class="close_btn" href="#"><span class="ifc-back-icon"></span> Back </a></div> <div class="ifc__submenu_title" role="heading">What We Do</div> <a href="https://www.ifc.org/en/what-we-do" class="ifc__btn ifc__btn_md ifc__blue_btn">What We Do Overview</a><br/> <a class="ifc__megamenu_viewalllink" href="https://disclosures.ifc.org/">View all projects</a> <hr/> </div> </div> <div class="aem-GridColumn--desktop--3 aem-GridColumn--phone--12"> <div class="ifc__submenu_list "> <div class="ifc__submenu_list_title" aria-level="2" role="heading" tabindex="0">SOLUTIONS</div> <ul> <li><a href="https://www.ifc.org/en/what-we-do/products-and-services">Our products and services</a></li> </ul> <hr/> </div> </div> <div class="aem-GridColumn--desktop--3 aem-GridColumn--phone--12"> <div class="ifc__submenu_list"> <div class="ifc__submenu_list_title" aria-level="2" role="heading" tabindex="0">OUR PRIORITIES</div> <ul> <li><a href="https://www.ifc.org/en/what-we-do/sector-expertise/climate-business">Climate Business</a></li> <li><a href="https://www.ifc.org/en/what-we-do/sector-expertise/fragile-and-conflict-affected-situations">Fragile & Conflict Afflicted Situations</a></li> <li><a href="https://www.ifc.org/en/what-we-do/sector-expertise/gender">Gender</a></li> <li><a href="https://www.ifc.org/en/what-we-do/sector-expertise/mobilizing-private-capital">Mobilizing Private Capital</a></li> <li><a href="https://www.ifc.org/en/what-we-do/topics/sustainability">Sustainability</a></li> </ul> <hr/> </div> </div> <div class="aem-GridColumn--desktop--3 aem-GridColumn--phone--12"> <div class="ifc__submenu_list"> <div class="ifc__submenu_list_title" aria-level="2" role="heading" tabindex="0">SECTORS & EXPERTISE</div> <ul> <li><a href="https://www.ifc.org/en/what-we-do/sector-expertise/agribusiness-forestry">Agribusiness & Forestry</a></li> <li><a href="https://www.ifc.org/en/what-we-do/sector-expertise/creative-industries">Creative Industries</a></li> <li><a href="https://www.ifc.org/en/what-we-do/sector-expertise/education">Education</a></li> <li><a href="https://www.ifc.org/en/what-we-do/sector-expertise/financial-institutions">Financial Institutions</a></li> <li><a href="https://www.ifc.org/en/what-we-do/sector-expertise/funds">Funds</a></li> <li><a href="https://www.ifc.org/en/what-we-do/sector-expertise/health">Health</a></li> <li><a href="https://www.ifc.org/en/what-we-do/sector-expertise/infrastructure">Infrastructure</a></li> <li><a href="https://www.ifc.org/en/what-we-do/sector-expertise/manufacturing">Manufacturing</a></li> <li><a href="https://www.ifc.org/en/what-we-do/sector-expertise/public-private-partnerships">Public-Private Partnerships</a></li> <li><a href="https://www.ifc.org/en/what-we-do/sector-expertise/tourism-retail-property">Tourism, Retail & Property</a></li> <li><a href="https://www.ifc.org/en/what-we-do/sector-expertise/trade-and-supply-chain-finance">Trade & Supply Chain Finance</a></li> <li><a href="https://www.ifc.org/en/what-we-do/sector-expertise/venture-capital">Venture Capital</a></li> <li><a href="https://www.ifc.org/en/what-we-do/sector-expertise/creating-business-creating-opportunities">Working Upstream</a></li> </ul> </div> </div> </div> </div> </div> </li> <li class="lp__megamenu_list"> <a href="/en/where-we-work" class="ifc__megamenu_item" data-toggle="dropdown" aria-expanded="false">Where We Work</a> <div class="ifc__megamenu_dropdown dropdown-menu"> <div class="ifc-grid"> <div class="aem-Grid"> <div class="aem-GridColumn--desktop--3 aem-GridColumn--phone--12"> <div class="ifc__submenu_list "> <div><a class="close_btn" href="#"><span class="ifc-back-icon"></span> Back </a></div> <div class="ifc__submenu_title" role="heading">Where We Work</div> <a href="https://www.ifc.org/en/where-we-work" class="ifc__btn ifc__btn_md ifc__blue_btn">Overview</a><br/> <a class="ifc__megamenu_viewalllink"></a> <hr/> </div> </div> <div class="aem-GridColumn--desktop--3 aem-GridColumn--phone--12"> <div class="ifc__submenu_list "> <div class="ifc__submenu_list_title" aria-level="2" role="heading" tabindex="0">By Region</div> <ul> <li><a href="https://www.ifc.org/en/where-we-work/east-asia-and-the-pacific">East Asia & Pacific</a></li> <li><a href="https://www.ifc.org/en/where-we-work/europe">Europe</a></li> <li><a href="https://www.ifc.org/en/where-we-work/latin-america-and-the-caribbean">Latin America & the Caribbean</a></li> <li><a href="https://www.ifc.org/en/where-we-work/middle-east">Middle East, Central Asia, Türkiye, Afghanistan, and Pakistan</a></li> <li><a href="https://www.ifc.org/en/where-we-work/south-asia">South Asia</a></li> <li><a href="https://www.ifc.org/en/where-we-work/africa">Africa</a></li> </ul> <hr/> </div> </div> </div> </div> </div> </li> <li class="lp__megamenu_list"> <a href="/en/our-impact" class="ifc__megamenu_item" data-toggle="dropdown" aria-expanded="false">Our Impact</a> <div class="ifc__megamenu_dropdown dropdown-menu"> <div class="ifc-grid"> <div class="aem-Grid"> <div class="aem-GridColumn--desktop--3 aem-GridColumn--phone--12"> <div class="ifc__submenu_list "> <div><a class="close_btn" href="#"><span class="ifc-back-icon"></span> Back </a></div> <div class="ifc__submenu_title" role="heading">Our Impact</div> <a href="https://www.ifc.org/en/our-impact" class="ifc__btn ifc__btn_md ifc__blue_btn">Our Impact Overview</a><br/> <a class="ifc__megamenu_viewalllink" href="https://www.ifc.org/en/our-impact"></a> <hr/> </div> </div> <div class="aem-GridColumn--desktop--3 aem-GridColumn--phone--12"> <div class="ifc__submenu_list "> <div class="ifc__submenu_list_title" aria-level="2" role="heading" tabindex="0">PRINCIPLES & MEASUREMENT</div> <ul> <li><a href="https://www.ifc.org/en/our-impact/impact-investing-at-ifc">Impact Investing at IFC</a></li> <li><a href="https://www.ifc.org/en/our-impact/measuring-and-monitoring">Measuring & Monitoring (AIMM)</a></li> <li><a href="https://www.ifc.org/en/our-impact/evaluation">Evaluation</a></li> <li><a href="https://www.ifc.org/en/our-impact/sustainable-development-goals">Sustainable Development Goals (SDGs)</a></li> </ul> <hr/> </div> </div> </div> </div> </div> </li> <li class="ifc__megamenu_list"> <div class="ifc_emergency_bar"> <ul class="ifc_emergency_bar_nav"> <li class="ifc_emergency_bar_nav_list"><a href="https://disclosures.ifc.org/" class="ifc__megamenu_item" aria-current="page">Disclosures</a></li> <li class="ifc_emergency_bar_nav_list"><a href="/en/insights-reports" class="ifc__megamenu_item" aria-current="page">Insights & Reports</a></li> <li class="ifc_emergency_bar_nav_list"><a href="/en/news" class="ifc__megamenu_item" aria-current="page">News</a></li> </ul> </div> </li>  <li class="lp__megamenu_list ifc__workwithus dropup"> <div class="ifc-work-shadow"></div>  <span class="ifc__dropdown_label sr-only" id="sr-workwithustitle">Work with us <span class="">On selection, leaving this page</span></span> <button type="button" class="ifc__megamenu_item" data-toggle="dropdown" aria-expanded="false" aria-labelledby="sr-workwithustitle sr-workwithusbtn" id="sr-workwithusbtn" aria-label="Work with us">Work With Us</button> <ul class="dropdown-menu ifc__dropdown_menu" aria-labelledby="sr-workwithustitle"> <li tabindex="0"><a href="https://www.ifc.org/en/about/partnerships">Partners</a></li> <li tabindex="0"><a href="https://www.ifc.org/en/about/partnerships#partners">Governments</a></li> <li tabindex="0"><a href="https://www.ifc.org/en/about/accountability">CSOs/NGOs</a></li> </ul> </li> </ul> </nav> </div> </div> </div> </div> </header> </div></div> </div> </div> </div> </div> <div class="container responsivegrid aem-GridColumn aem-GridColumn--default--12"> <div id="container-c6c92c82bb" class="cmp-container"> <div class="aem-Grid aem-Grid--12 aem-Grid--default--12 "> <div class="ifcbreadcrumb breadcrumb aem-GridColumn aem-GridColumn--default--12"> <div> <script src="/etc.clientlibs/clientlibs/granite/jquery.js"></script> <script src="/etc.clientlibs/ifc/components/ifcbreadcrumb/clientlibs/site.js"></script> <div class="breadcrumb ifc__breadcrumb_menu ifc__breadcrumb_desktop"> <div class="ifc-grid">  <nav class="cmp-breadcrumb" aria-label="Breadcrumb">  <ol class="cmp-breadcrumb__list" itemscope=""> <li class="cmp-breadcrumb__item"> <a class="cmp-breadcrumb__item-link" itemprop="item" data-cmp-clickable="" target="_self" aria-label="home"> <span class="breadcrumb__icon-home" itemprop="name"></span> </a> <meta itemprop="position" content="1"/> </li> <li class="cmp-breadcrumb__item"> <a class="cmp-breadcrumb__item-link" itemprop="item" data-cmp-clickable="" href="/en/what-we-do" target="_self"> <span itemprop="name">What We Do</span> </a> <meta itemprop="position" content="2"/> </li> <li class="cmp-breadcrumb__item"> <a class="cmp-breadcrumb__item-link" itemprop="item" data-cmp-clickable="" href="/en/what-we-do/sector-expertise" target="_self"> <span itemprop="name">Sectors and Expertise</span> </a> <meta itemprop="position" content="2"/> </li> <li class="cmp-breadcrumb__item"> <span itemprop="name">Tourism, Retail, and Property</span> <meta itemprop="position" content="2"/> </li> </ol>  <ol class="cmp-breadcrumb__list breadcrumb__right hidden-sm hidden-xs" itemscope=""> <li class="cmp-breadcrumb__item"> <div class="ifc__lang_dropdown"> <meta itemprop="position" content="4"/> <div class="sr-only" id="language-dropdown">Global language toggler</div> <button type="button" class="ifc__lang_label ifc__breadcrumb-translate" data-toggle="dropdown" aria-haspopup="true" aria-expanded="false" id="global-language" aria-labelledby="language-dropdown global-language">This page available in </button> <div class="ifc__dropdown_menu dropdown-menu ifc__breadcrumb-translate-menu" aria-labelledby="language-dropdown"> <ul> <li lang="ja"><a class="dropdown-item" href='/ja/what-we-do/sector-expertise/tourism-retail-property'>日本語</a></li> <li lang="ko"><a class="dropdown-item" href='/ko/what-we-do/sector-expertise/tourism-retail-property'>한국어</a></li> <li lang="ar"><a class="dropdown-item" href='/ar/what-we-do/sector-expertise/tourism-retail-property'>العربية</a></li> <li lang="fr"><a class="dropdown-item" href='/fr/what-we-do/sector-expertise/tourism-retail-property'>FRANÇAIS</a></li> </ul> </div> <div class="ifc__printshare-section"> <a class="cmp-breadcrumb__item-link printPage" href="#" itemprop="item" data-cmp-clickable="" aria-label="print" data-customlink="pr:page tools" data-text="print"> <span class="lp lp-print" itemprop="name"></span> </a> <meta itemprop="position" content="1"/> <div class="ifc__share_section"> <span class="sr-only" id="sr-socialshare"> Share this page</span> <button type="button" class="cmp-breadcrumb__item-link" data-toggle="dropdown" aria-expanded="false" aria-labelledby="sr-socialshare"><span class="lp lp-share" itemprop="name"></span> </button> <div class="ifc__dropdown_menu dropdown-menu" aria-labelledby="sr-socialshare"> <ul> <li><a id="ifc-fbid" class="dropdown-item" href="#"><i class="lp lp-facebook" data-customlink="sw:page tools" data-text="facebook"></i><span class="sr-only">Facebook</span></a></li> <li><a id="ifc-twid" class="dropdown-item" href="#"><i class="lp lp-twitter" data-customlink="sw:page tools" data-text="x"></i><span class="sr-only">x</span></a></li> <li><a id="ifc-ldid" class="dropdown-item" href="#"><i class="lp lp-linkedln" data-customlink="sw:page tools" data-text="linkedin"></i><span class="sr-only">LinkedIn</span></a></li> <li><a id="ifc-igid" class="dropdown-item" href="#"><i class="lp lp-instagram" data-customlink="sw:page tools" data-text="instagram"></i><span class="sr-only">instagram</span></a></li> <li><a id="ifc-emailid" class="dropdown-item" href="mailto:?body=IFC is committed to promoting private sector development in emerging markets, and our work in tourism, retail, and property is a key part of that mission. %0Dhttps://www.ifc.org/en/what-we-do/sector-expertise/tourism-retail-property&subject=Tourism, Retail, and Property | International Finance Corporation (IFC)" data-customlink="em:page tools" data-text="email"><i class="lp lp-newsletter"></i><span class="sr-only">Email</span></a></li> <li><a id="ifc-whatsappid" class="dropdown-item" href="#" data-page-title="Tourism, Retail, and Property | International Finance Corporation (IFC)"><i class="lp lp-whatsup" data-customlink="sw:page tools" data-text="whatsup"></i><span class="sr-only">whatsup</span></a></li> </ul> </div> </div> </div> </div> </li> </ol> </nav> </div> </div>  <div class="breadcrumb ifc__breadcrumb_menu ifc__breadcrumb-translate-bg hidden-lg hidden-md"> <div class="ifc-grid"> <nav> <ol class="cmp-breadcrumb__list breadcrumb__right" itemscope=""> <li class="cmp-breadcrumb__item"> <div class="ifc__lang_dropdown"> <meta itemprop="position" content="4"/> <div class="sr-only" id="language-dropdown">Global language toggler</div> <button type="button" class="ifc__lang_label ifc__breadcrumb-translate" data-toggle="dropdown" aria-haspopup="true" aria-expanded="false" id="global-language" aria-labelledby="language-dropdown global-language">This page available in </button> <div class="ifc__dropdown_menu dropdown-menu ifc__breadcrumb-translate-menu" aria-labelledby="language-dropdown"> <ul> <li lang="ja"><a class="dropdown-item" href='/ja/what-we-do/sector-expertise/tourism-retail-property'>日本語</a></li> <li lang="ko"><a class="dropdown-item" href='/ko/what-we-do/sector-expertise/tourism-retail-property'>한국어</a></li> <li lang="ar"><a class="dropdown-item" href='/ar/what-we-do/sector-expertise/tourism-retail-property'>العربية</a></li> <li lang="fr"><a class="dropdown-item" href='/fr/what-we-do/sector-expertise/tourism-retail-property'>FRANÇAIS</a></li> </ul> </div> <div class="ifc__printshare-section"> <a class="cmp-breadcrumb__item-link printPage" href="#" itemprop="item" data-cmp-clickable="" aria-label="print" data-customlink="pr:page tools" data-text="print"> <span class="lp lp-print" itemprop="name"></span> </a> <meta itemprop="position" content="1"/> <div class="ifc__share_section"> <span class="sr-only" id="sr-socialshare"> Share this page</span> <button type="button" class="cmp-breadcrumb__item-link" data-toggle="dropdown" aria-expanded="false" aria-labelledby="sr-socialshare"><span class="lp lp-share" itemprop="name"></span> </button> <div class="ifc__dropdown_menu dropdown-menu" aria-labelledby="sr-socialshare"> <ul> <li><a id="ifc-fbid" class="dropdown-item" href="#"><i class="lp lp-facebook" data-customlink="sw:page tools" data-text="facebook"></i><span class="sr-only">Facebook</span></a></li> <li><a id="ifc-twid" class="dropdown-item" href="#"><i class="lp lp-twitter" data-customlink="sw:page tools" data-text="x"></i><span class="sr-only">x</span></a></li> <li><a id="ifc-ldid" class="dropdown-item" href="#"><i class="lp lp-linkedln" data-customlink="sw:page tools" data-text="linkedin"></i><span class="sr-only">LinkedIn</span></a></li> <li><a id="ifc-igid" class="dropdown-item" href="#"><i class="lp lp-instagram" data-customlink="sw:page tools" data-text="instagram"></i><span class="sr-only">instagram</span></a></li> <li><a id="ifc-emailid" class="dropdown-item" href="mailto:?body=IFC is committed to promoting private sector development in emerging markets, and our work in tourism, retail, and property is a key part of that mission. %0Dhttps://www.ifc.org/en/what-we-do/sector-expertise/tourism-retail-property&subject=Tourism, Retail, and Property | International Finance Corporation (IFC)" data-customlink="em:page tools" data-text="email"><i class="lp lp-newsletter"></i><span class="sr-only">Email</span></a></li> <li><a id="ifc-whatsappid" class="dropdown-item" href="#" data-page-title="Tourism, Retail, and Property | International Finance Corporation (IFC)"><i class="lp lp-whatsup" data-customlink="sw:page tools" data-text="whatsup"></i><span class="sr-only">whatsup</span></a></li> </ul> </div> </div> </div> </div> </li> </ol> </nav> </div> </div> </div></div> <div class="container responsivegrid ifc-grid-fluid ifc_subpage_banner aem-GridColumn aem-GridColumn--default--12"> <div id="container-8b23a68f86" class="cmp-container"> <div class="aem-Grid aem-Grid--12 aem-Grid--tablet--12 aem-Grid--default--12 aem-Grid--desktop--12 aem-Grid--phone--12 "> <div class="container responsivegrid ifc__primary_background-color aem-GridColumn--default--none aem-GridColumn--offset--desktop--0 aem-GridColumn--offset--phone--0 aem-GridColumn--offset--default--0 aem-GridColumn--desktop--none aem-GridColumn--tablet--12 aem-GridColumn--offset--tablet--0 aem-GridColumn--phone--none aem-GridColumn--phone--12 aem-GridColumn--tablet--none aem-GridColumn--desktop--5 aem-GridColumn aem-GridColumn--default--5"> <div id="container-7b41fb7ae4" class="cmp-container"> <div class="aem-Grid aem-Grid--5 aem-Grid--tablet--12 aem-Grid--default--5 aem-Grid--desktop--5 aem-Grid--phone--12 "> <div class="teaser primary_bluecolor_card_components ifc__primary_card ifc__solid_yellow_btn card_position ifc__primary_background-color ifc__subbanner aem-GridColumn--tablet--12 aem-GridColumn--phone--12 aem-GridColumn--desktop--5 aem-GridColumn aem-GridColumn--default--5"> <div class="cmp-teaser"> <div class="cmp-teaser__content"> <p class="cmp-teaser__pretitle">SECTOR </p> <h1 class="cmp-teaser__title"> Tourism, Retail, and Property </h1> <div class="cmp-teaser__description"><p>IFC is committed to promoting private sector development in emerging markets, and our work in tourism, retail, and property is a key part of that mission. We provide financing and advisory services to help businesses in these sectors grow and create jobs, while also promoting sustainable and inclusive economic growth.</p> </div> </div> </div> </div> </div> </div> </div> <div class="container responsivegrid banner_img aem-GridColumn--default--none aem-GridColumn--offset--desktop--0 aem-GridColumn--offset--phone--0 aem-GridColumn--offset--default--0 aem-GridColumn--desktop--none aem-GridColumn--tablet--12 aem-GridColumn--offset--tablet--0 aem-GridColumn--phone--none aem-GridColumn--desktop--7 aem-GridColumn--phone--12 aem-GridColumn--tablet--none aem-GridColumn aem-GridColumn--default--7"> <div id="container-a9f026531c" class="cmp-container"> <div class="aem-Grid aem-Grid--7 aem-Grid--tablet--12 aem-Grid--default--7 aem-Grid--desktop--7 aem-Grid--phone--12 "> <div class="teaser banner_img aem-GridColumn--tablet--12 aem-GridColumn--desktop--7 aem-GridColumn--phone--12 aem-GridColumn aem-GridColumn--default--7"> <div class="cmp-teaser"> <div class="cmp-teaser__image"> <div data-cmp-dmimage data-asset-id="ddc3a5d0-6f7d-46f6-a236-10bb8233f294" id="teaser-5583fe9c9e-image" class="cmp-image" itemscope> <img srcset="https://s7d1.scene7.com/is/image/wbcollab/13951219860-37a215caa5-o:1000x750?qlt=100&resMode=sharp2 1400w,https://s7d1.scene7.com/is/image/wbcollab/13951219860-37a215caa5-o:992x744?qlt=100&resMode=sharp2 992w,https://s7d1.scene7.com/is/image/wbcollab/13951219860-37a215caa5-o:768x576?qlt=100&resMode=sharp2 768w,https://s7d1.scene7.com/is/image/wbcollab/13951219860-37a215caa5-o:576x432?qlt=100&resMode=sharp2 576w" src="https://s7d1.scene7.com/is/image/wbcollab/13951219860-37a215caa5-o?qlt=90&fmt=webp" loading="lazy" class="cmp-image__image" itemprop="contentUrl" width="3469" height="2308" alt title="IFC-street-market-Marrakesh"/> <meta itemprop="caption" content="IFC-street-market-Marrakesh"/> </div> </div> <div class="cmp-teaser__content"> </div> </div> </div> <div class="followus aem-GridColumn--tablet--12 aem-GridColumn--desktop--7 aem-GridColumn--phone--12 aem-GridColumn aem-GridColumn--default--7"> <div class="ifc__social_media ifc__share_social_media"> <span class="ifc__social_media_title"></span> </div></div> </div> </div> </div> </div> </div> </div> <div class="container responsivegrid layer-white aem-GridColumn aem-GridColumn--default--12"> <div id="container-91a9478f06" class="cmp-container"> <div class="aem-Grid aem-Grid--12 aem-Grid--default--12 "> <div class="container responsivegrid ifc-grid aem-GridColumn aem-GridColumn--default--12"> <div id="container-e8bb166c6a" class="cmp-container"> <div class="aem-Grid aem-Grid--12 aem-Grid--tablet--12 aem-Grid--default--12 aem-Grid--desktop--12 aem-Grid--phone--12 "> <div class="jumpto aem-GridColumn--default--none aem-GridColumn--offset--desktop--0 aem-GridColumn--offset--phone--0 aem-GridColumn--offset--default--0 aem-GridColumn--desktop--none aem-GridColumn--tablet--12 aem-GridColumn--offset--tablet--0 aem-GridColumn--phone--none aem-GridColumn--phone--12 aem-GridColumn--tablet--none aem-GridColumn--desktop--5 aem-GridColumn aem-GridColumn--default--5"> <div class="ifc-cmp-jumpto"> <nav class=" ifc__page_tablist"> <div class="ifc__page_tablist_title">Jump To</div> <ul class="ifc__page_tablist_menu"> <li><a href="#ataglance">At a Glance</a></li> <li><a href="#focusareas">Areas of Focus</a></li> <li><a href="#press">Press Releases</a></li> </ul> </nav> <div class="ifc__dropdown ifc__m_page_tablist"> <span class="ifc__dropdown_label sr-only" id="sr-regiontitle">Select a Region Sub navigation page <span class="sr-only">selecting option, jump to that section</span></span> <div class="ifc__dropdown_group"> <button class="ifc__dropdown_toggle" data-toggle="dropdown" aria-haspopup="true" aria-expanded="false" aria-labelledby="sr-regiontitle sr-regionbtn" id="sr-regionbtn">Jump To</button> <ul class="dropdown-menu ifc__dropdown_menu" aria-labelledby="sr-regiontitle" style=""> <li><a class="dropdown-item" href="#ataglance">At a Glance</a></li> <li><a class="dropdown-item" href="#focusareas">Areas of Focus</a></li> <li><a class="dropdown-item" href="#press">Press Releases</a></li> </ul> </div> </div> </div></div> <div class="container responsivegrid aem-GridColumn--default--none aem-GridColumn--offset--desktop--0 aem-GridColumn--offset--phone--0 aem-GridColumn--offset--default--0 aem-GridColumn--desktop--none aem-GridColumn--tablet--12 aem-GridColumn--offset--tablet--0 aem-GridColumn--phone--none aem-GridColumn--desktop--7 aem-GridColumn--phone--12 aem-GridColumn--tablet--none aem-GridColumn aem-GridColumn--default--7"> <div id="container-b628a74b77" class="cmp-container"> <div class="aem-Grid aem-Grid--7 aem-Grid--tablet--12 aem-Grid--default--7 aem-Grid--desktop--7 aem-Grid--phone--12 "> <div class="text ifc__body_content ifc__paragraph_lg aem-GridColumn--tablet--12 aem-GridColumn--desktop--7 aem-GridColumn--phone--12 aem-GridColumn aem-GridColumn--default--7"> <div id="text-c89d05a196" class="cmp-text"> <p>Since 1956, IFC has invested over $2.8 billion in over 260 projects in 89 countries with more than half of these investments in frontier countries in the tourism sector and over US$2 billion in over 75 retail projects in more than 30 countries. Our portfolio of commercial property investments comprises over $470 million of investments in over 30 projects.</p> </div> </div> </div> </div> </div> <div class="text ifc__pullquote aem-GridColumn--default--none aem-GridColumn--desktop--10 aem-GridColumn--offset--desktop--1 aem-GridColumn--offset--phone--0 aem-GridColumn--offset--default--1 aem-GridColumn--desktop--none aem-GridColumn--tablet--12 aem-GridColumn--offset--tablet--0 aem-GridColumn--phone--none aem-GridColumn--phone--12 aem-GridColumn--tablet--none aem-GridColumn aem-GridColumn--default--10"> </div> </div> </div> </div> </div> </div> </div> <div class="container responsivegrid layer-white aem-GridColumn aem-GridColumn--default--12"> <div id="container-6fadd7f45a" class="cmp-container"> <div class="aem-Grid aem-Grid--12 aem-Grid--default--12 "> <div class="container responsivegrid ifc-grid-fluid layer__flex_equal aem-GridColumn aem-GridColumn--default--12"> <div id="container-9788107c1c" class="cmp-container"> <div class="aem-Grid aem-Grid--12 aem-Grid--tablet--12 aem-Grid--default--12 aem-Grid--desktop--12 aem-Grid--phone--12 "> <div class="statisticslist statisticslist_inverse aem-GridColumn--default--none aem-GridColumn--offset--desktop--1 aem-GridColumn--offset--phone--0 aem-GridColumn--offset--default--1 aem-GridColumn--desktop--none aem-GridColumn--tablet--12 aem-GridColumn--offset--tablet--0 aem-GridColumn--phone--none aem-GridColumn--phone--12 aem-GridColumn--desktop--6 aem-GridColumn--tablet--none aem-GridColumn aem-GridColumn--default--6"> <div class="ifc__stats" id="ataglance"> <h2>The impact of IFC clients in 2021:</h2> <ul> <li> <div class="ifc__stats_number">169</div> <div class="ifc__stats_detail">Thousand jobs supported <span class="ifc__stats_detailstat"></span> </div> </li> <li> <div class="ifc__stats_number">$34.7 B</div> <div class="ifc__stats_detail">In domestic purchases <span class="ifc__stats_detailstat"></span> </div> </li> </ul> </div> </div> <div class="container responsivegrid aem-GridColumn--default--none aem-GridColumn--offset--desktop--0 aem-GridColumn--offset--phone--0 aem-GridColumn--offset--default--0 aem-GridColumn--desktop--none aem-GridColumn--tablet--12 aem-GridColumn--offset--tablet--0 aem-GridColumn--phone--none aem-GridColumn--phone--12 aem-GridColumn--tablet--none aem-GridColumn aem-GridColumn--desktop--4 aem-GridColumn--default--4"> <div id="container-7e1b0108ae" class="cmp-container"> <div class="aem-Grid aem-Grid--4 aem-Grid--tablet--12 aem-Grid--default--4 aem-Grid--desktop--4 aem-Grid--phone--12 "> <div class="teaser primary_graycolor_card_components ifc__bg_gray ifc__primary_card ifc__blueoutline_btn aem-GridColumn--tablet--12 aem-GridColumn--phone--12 aem-GridColumn aem-GridColumn--desktop--4 aem-GridColumn--default--4"> <div class="cmp-teaser"> <div class="cmp-teaser__content"> <h2 class="cmp-teaser__title"> At a Glance </h2> <div class="cmp-teaser__description"><p>In FY22, our new long-term commitments in tourism, retail, and property totaled about $700 million, including $28 million mobilized from other investors.</p> </div> <div class="cmp-teaser__action-container"> <ul> </ul> </div> </div> </div> </div> </div> </div> </div> </div> </div> </div> </div> </div> </div> <div class="container responsivegrid layer-white aem-GridColumn aem-GridColumn--default--12"> </div> <div class="container responsivegrid layer-white aem-GridColumn aem-GridColumn--default--12"> </div> <div class="container responsivegrid layer__flex aem-GridColumn aem-GridColumn--default--12"> <div id="container-a26109de7c" class="cmp-container"> <div class="aem-Grid aem-Grid--12 aem-Grid--default--12 "> <div class="container responsivegrid ifc-grid aem-GridColumn aem-GridColumn--default--12"> <div id="container-01a24615f7" class="cmp-container"> <div class="aem-Grid aem-Grid--12 aem-Grid--tablet--12 aem-Grid--default--12 aem-Grid--desktop--12 aem-Grid--phone--12 "> <div class="teaser ifc__title ifc__title_center ifc__text_blue aem-GridColumn--default--none aem-GridColumn--desktop--10 aem-GridColumn--offset--desktop--1 aem-GridColumn--offset--phone--0 aem-GridColumn--offset--default--1 aem-GridColumn--desktop--none aem-GridColumn--tablet--12 aem-GridColumn--offset--tablet--0 aem-GridColumn--phone--none aem-GridColumn--phone--12 aem-GridColumn--tablet--none aem-GridColumn aem-GridColumn--default--10"> <div id="focusareas" class="cmp-teaser"> <div class="cmp-teaser__content"> <h2 class="cmp-teaser__title"> Areas of Focus </h2> <div class="cmp-teaser__description"><p>IFC prioritizes investments in the <b>tourism sector</b> due to the strong development impact, particularly within low-income and fragile and conflict-affected countries. Investments in <b>retail align</b> with the economic importance of employment, consumer spending, and tax revenues. Our investments in p<b>roperty</b> aim to promote the development of affordable housing and essential urban infrastructure, whilst also incorporating the latest green building standards and technology.</p> </div> <div class="cmp-teaser__action-container"> <ul> </ul> </div> </div> </div> </div> </div> </div> </div> <div class="container responsivegrid ifc-grid ifc__flex_card aem-GridColumn aem-GridColumn--default--12"> <div id="container-5fc5bddd08" class="cmp-container"> <div class="aem-Grid aem-Grid--12 aem-Grid--tablet--12 aem-Grid--default--12 aem-Grid--desktop--12 aem-Grid--phone--12 "> <div class="teaser primary_card_v1_components ifc__card bg_white aem-GridColumn--default--none aem-GridColumn--offset--desktop--0 aem-GridColumn--offset--phone--0 aem-GridColumn--offset--default--0 aem-GridColumn--desktop--none aem-GridColumn--tablet--12 aem-GridColumn--offset--tablet--0 aem-GridColumn--phone--none aem-GridColumn--phone--12 aem-GridColumn--tablet--none aem-GridColumn aem-GridColumn--desktop--4 aem-GridColumn--default--4"> <div class="cmp-teaser"> <div class="cmp-teaser__image"> <div data-cmp-dmimage data-asset-id="5511ae32-9a4d-42e3-963f-54b6eb0c8b84" id="teaser-ee0af16cdb-image" class="cmp-image" itemscope> <img srcset="https://s7d1.scene7.com/is/image/wbcollab/ifc-tourisim-argentina:750x422?qlt=100&resMode=sharp2 1400w,https://s7d1.scene7.com/is/image/wbcollab/ifc-tourisim-argentina:652x367?qlt=100&resMode=sharp2 992w,https://s7d1.scene7.com/is/image/wbcollab/ifc-tourisim-argentina:768x432?qlt=100&resMode=sharp2 768w,https://s7d1.scene7.com/is/image/wbcollab/ifc-tourisim-argentina:458x258?qlt=100&resMode=sharp2 576w" src="https://s7d1.scene7.com/is/image/wbcollab/ifc-tourisim-argentina?qlt=90&fmt=webp" loading="lazy" class="cmp-image__image" itemprop="contentUrl" width="4173" height="2782" alt title="316241720"/> <meta itemprop="caption" content="316241720"/> </div> </div> <div class="cmp-teaser__content"> <h2 class="cmp-teaser__title"> <a class="cmp-teaser__title-link" href="#" target="_self">Tourism</a> </h2> <div class="cmp-teaser__description"><p>The tourism industry is a major contributor to employment, foreign exchange earnings, and tax revenues for developing countries. IFC invests in hotels and tourism due to its strong development impact, particularly for low-income countries and fragile and conflict-affected countries.</p> </div> <div class="cmp-teaser__action-container"> <ul> </ul> </div> </div> <a class="cmp-teaser__link ifc__overlay-link" aria-hidden="true" tabindex="-1" href="#"> </a> </div> </div> <div class="teaser primary_card_v1_components ifc__card bg_white aem-GridColumn--default--none aem-GridColumn--offset--desktop--0 aem-GridColumn--offset--phone--0 aem-GridColumn--offset--default--0 aem-GridColumn--desktop--none aem-GridColumn--tablet--12 aem-GridColumn--offset--tablet--0 aem-GridColumn--phone--none aem-GridColumn--phone--12 aem-GridColumn--tablet--none aem-GridColumn aem-GridColumn--desktop--4 aem-GridColumn--default--4"> <div class="cmp-teaser"> <div class="cmp-teaser__image"> <div data-cmp-dmimage data-asset-id="ae1204b2-5f94-4d5c-a0d9-fbceb13be817" id="teaser-ec552d756c-image" class="cmp-image" itemscope> <img srcset="https://s7d1.scene7.com/is/image/wbcollab/ifc-warehouse:750x422?qlt=100&resMode=sharp2 1400w,https://s7d1.scene7.com/is/image/wbcollab/ifc-warehouse:652x367?qlt=100&resMode=sharp2 992w,https://s7d1.scene7.com/is/image/wbcollab/ifc-warehouse:768x432?qlt=100&resMode=sharp2 768w,https://s7d1.scene7.com/is/image/wbcollab/ifc-warehouse:458x258?qlt=100&resMode=sharp2 576w" src="https://s7d1.scene7.com/is/image/wbcollab/ifc-warehouse?qlt=90&fmt=webp" loading="lazy" class="cmp-image__image" itemprop="contentUrl" width="10946" height="3981" alt title="1781285183"/> <meta itemprop="caption" content="1781285183"/> </div> </div> <div class="cmp-teaser__content"> <h2 class="cmp-teaser__title"> Retail </h2> <div class="cmp-teaser__description"><p>IFC supports investments in the retail sector in developing countries because of its economic importance in terms of employment, consumer spending, and tax revenues.<br /> </p> </div> <div class="cmp-teaser__action-container"> <ul> </ul> </div> </div> </div> </div> <div class="teaser primary_card_v1_components ifc__card bg_white aem-GridColumn--default--none aem-GridColumn--offset--desktop--0 aem-GridColumn--offset--phone--0 aem-GridColumn--offset--default--0 aem-GridColumn--desktop--none aem-GridColumn--tablet--12 aem-GridColumn--offset--tablet--0 aem-GridColumn--phone--none aem-GridColumn--phone--12 aem-GridColumn--tablet--none aem-GridColumn aem-GridColumn--desktop--4 aem-GridColumn--default--4"> <div class="cmp-teaser"> <div class="cmp-teaser__image"> <div data-cmp-dmimage data-asset-id="f5e557f1-159d-4073-8bba-32799466a7d6" id="teaser-0b1185c904-image" class="cmp-image" itemscope> <img srcset="https://s7d1.scene7.com/is/image/wbcollab/ifc-commercial-building:750x422?qlt=100&resMode=sharp2 1400w,https://s7d1.scene7.com/is/image/wbcollab/ifc-commercial-building:652x367?qlt=100&resMode=sharp2 992w,https://s7d1.scene7.com/is/image/wbcollab/ifc-commercial-building:768x432?qlt=100&resMode=sharp2 768w,https://s7d1.scene7.com/is/image/wbcollab/ifc-commercial-building:458x258?qlt=100&resMode=sharp2 576w" src="https://s7d1.scene7.com/is/image/wbcollab/ifc-commercial-building?qlt=90&fmt=webp" loading="lazy" class="cmp-image__image" itemprop="contentUrl" width="6216" height="4149" alt title="202615459"/> <meta itemprop="caption" content="202615459"/> </div> </div> <div class="cmp-teaser__content"> <h2 class="cmp-teaser__title"> Property </h2> <div class="cmp-teaser__description"><p>Through investments in property, IFC aims to promote development of affordable housing and essential urban infrastructure, incorporating the latest green building standards and technology.</p> <ul> <li><a href="/en/what-we-do/sector-expertise/tourism-retail-property/property/grip">Greening Real Estate Investment Portfolios (GRIP)</a></li> </ul> </div> <div class="cmp-teaser__action-container"> <ul> </ul> </div> </div> </div> </div> </div> </div> </div> <div class="container responsivegrid ifc-grid ifc__flex_card aem-GridColumn aem-GridColumn--default--12"> </div> </div> </div> </div> <div class="container responsivegrid layer-white aem-GridColumn aem-GridColumn--default--12"> </div> <div class="container responsivegrid layer-white aem-GridColumn aem-GridColumn--default--12"> </div> <div class="container responsivegrid layer-white padd-200 aem-GridColumn aem-GridColumn--default--12"> <div id="container-14c7444399" class="cmp-container"> <div class="aem-Grid aem-Grid--12 aem-Grid--default--12 "> <div class="container responsivegrid ifc-grid aem-GridColumn aem-GridColumn--default--12"> <div id="container-130a0ab706" class="cmp-container"> <div class="aem-Grid aem-Grid--12 aem-Grid--default--12 "> <div class="container responsivegrid ifc__flex_card aem-GridColumn aem-GridColumn--default--12"> <div id="container-e06a4d1d53" class="cmp-container"> <div class="aem-Grid aem-Grid--12 aem-Grid--tablet--12 aem-Grid--default--12 aem-Grid--desktop--12 aem-Grid--phone--12 "> <div class="pressrelease-feed ifc__gray ifc__link_list padd-32 blue_border ifc__title aem-GridColumn--default--none aem-GridColumn--desktop--12 aem-GridColumn--offset--desktop--0 aem-GridColumn--offset--phone--0 aem-GridColumn--offset--default--0 aem-GridColumn--desktop--none aem-GridColumn--tablet--12 aem-GridColumn--offset--tablet--0 aem-GridColumn--phone--none aem-GridColumn--phone--12 aem-GridColumn--tablet--none aem-GridColumn aem-GridColumn--default--12"> <script src="/etc.clientlibs/ifc/components/pressreleasefeed/clientlibs/site.js"></script> <script src="/etc.clientlibs/ifc/components/pressrelease-feed/clientlibs/site.js"></script> <div class="pressreleasefeed-title" id="press"> <h2 class="cmp-title__text">Press Releases</h2> <a class="ifc__btn ifc__btn_sm ifc__blue_btn" href="https://www.ifc.org/en/pressroom?topics=Tourism%2C+Retail%2C+and+Property">View more</a> </div> <div class="list ifc__link_list ifc_press_release_feedurl" data-feed="https://webapi.worldbank.org/aemsite/ifc/search"> <ul class="cmp-list ifc-press-release-feed-list"> </ul> </div> <div class="press-release-feed-configs" style="display: none;"> <div class="body">{search: "*",filter: "(topics/any(topic: topic eq 'Tourism, Retail, Construction, and Real Estates') or topics/any(topic: topic eq 'Tourism, Retail, Construction, and Real Estates')) and (contentType eq 'Press Release')",orderby: "contentDate desc",top: 3}</div> <div class="count">3</div> </div> </div> </div> </div> </div> </div> </div> </div> </div> </div> </div> <div class="container responsivegrid layer-white aem-GridColumn aem-GridColumn--default--12"> </div> <div class="container responsivegrid layer-white aem-GridColumn aem-GridColumn--default--12"> </div> <div class="container responsivegrid layer-white aem-GridColumn aem-GridColumn--default--12"> </div> <div class="container responsivegrid layer-white aem-GridColumn aem-GridColumn--default--12"> </div> <div class="container responsivegrid layer-white aem-GridColumn aem-GridColumn--default--12"> </div> </div> </div> </div> <div class="experiencefragment aem-GridColumn aem-GridColumn--default--12"> <div id="experiencefragment-f497483850" class="cmp-experiencefragment cmp-experiencefragment--globalfooter"> <div id="container-affe848ee8" class="cmp-container"> <div class="aem-Grid aem-Grid--12 aem-Grid--default--12 "> <div class="footer aem-GridColumn aem-GridColumn--default--12"><footer class="layer-black hidden-xs"> <div class="ifc-grid"> <div class="ifc__footer_top_section"> <div class="aem-Grid"> <div class="aem-GridColumn--default--8 aem-GridColumn--desktop--7 aem-GridColumn--tablet--6 aem-GridColumn--phone--12"> <div class="ifc__footer_top_left"> <a href="/en/home" target="_self" class="ifc__navbar_brand"><img title="Logo Image Title" alt="IFC Logo Image alt" src="/content/dam/ifc/corporate/logo/WBG-Horizontal-white-web.png" class="img-responsive" width="200" height="35"/> </a> </div> <div class="ifc__listinline"> <ul> <li class="disclaimer"><a href="https://www.worldbank.org/en/who-we-are/ibrd" target="_blank">IBRD</a></li> <li class="disclaimer"><a href="https://ida.worldbank.org/" target="_blank">IDA</a></li> <li class="disclaimer"><a href="https://www.ifc.org/" target="_blank">IFC</a></li> <li class="disclaimer"><a href="https://www.miga.org/" target="_blank">MIGA</a></li> <li class="disclaimer"><a href="https://icsid.worldbank.org/" target="_blank">ICSID</a></li> </ul> </div> </div> <div class="aem-GridColumn--default--4 aem-GridColumn--desktop--5 aem-GridColumn--tablet--6 aem-GridColumn--phone--12"> <div class="ifc__social_media"> <ul> <li><a href="https://www.facebook.com/IFCwbg" target="_blank" class="lp lp-fb" data-customlink="sm:footer" data-text="facebook"><span class="sr-only">facebook</span></a></li> <li><a href="https://twitter.com/IFC_org" target="_blank" class="lp lp-twit" data-customlink="sm:footer" data-text="Twitter"><span class="sr-only">Twitter</span></a></li> <li><a href="https://www.linkedin.com/company/ifclinkedin" target="_blank" class="lp lp-linkln" data-customlink="sm:footer" data-text="Linkedin"><span class="sr-only">Linkedin</span></a></li> <li><a href="https://www.youtube.com/user/IFCvideocasts" target="_blank" class="lp lp-youtube-solid" data-customlink="sm:footer" data-text="Youtube"><span class="sr-only">Youtube</span></a></li> <li><a href="https://instagram.com/ifc_org" target="_blank" class="lp lp-instagram-solid" data-customlink="sm:footer" data-text="Instagram"><span class="sr-only">Instagram</span></a></li> <li><a href="https://whatsapp.com/channel/0029Vafs61rKbYMLhUtnaA0d" target="_blank" class="lp lp-whatsup-solid" data-customlink="sm:footer" data-text="WhatsApp"><span class="sr-only">WhatsApp</span></a></li> </ul> </div> </div> </div> </div> <div class="ifc__footer_bottom_section"> <div class="ifc__footer_bottom_b_section"> <div class="ifc__listinline"> <ul> <li class="disclaimer"><a href="/en/about" target="_self">About IFC</a></li> <li class="disclaimer"><a href="/en/our-impact" target="_self">Our Impact</a></li> <li class="disclaimer"><a href="/en/about/careers" target="_self">Careers</a></li> <li class="disclaimer"> <div class="ifc__lang_dropdown"> <div class="sr-only" id="language-dropdown">Global language toggler</div> <button type="button" class="ifc__lang_label" data-toggle="dropdown" aria-haspopup="true" aria-expanded="false" id="global-language" aria-labelledby="language-dropdown global-language">English</button> <div class="ifc__dropdown_menu dropdown-menu" aria-labelledby="language-dropdown"> <ul> <li lang="ja"><a class="dropdown-item" href="/ja/home" target="_self">日本語</a></li> <li lang="fr"><a class="dropdown-item" href="/fr/home" target="_self">Français</a></li> <li lang="ar"><a class="dropdown-item" href="/ar/home" target="_self">عربي</a></li> <li lang="en"><a class="dropdown-item" href="/en/home" target="_self">English</a></li> </ul> </div> </div> </li> </ul> </div> <div class="ifc__footer_fraud"> <ul> <li><a target="_self">© 2024 IFC</a></li> <li><a href="https://www.ifc.org/en/legal/terms-and-conditions-of-use" target="_blank">User Agreement</a></li> <li><a href="https://www.ifc.org/en/legal/privacy" target="_blank">Privacy</a></li> <li><a href="https://www.ifc.org/en/legal/scam-warning" target="_blank">Scam Warning</a></li> <li><a href="https://disclosures.ifc.org/inquiries" target="_blank">General Inquiry</a></li> </ul> </div> </div> </div> </div> </footer> <footer class="layer-black hidden-lg hidden-md hidden-sm"> <div class="ifc-grid"> <div class="ifc__footer_top_section"> <div class="aem-Grid"> <div class="aem-GridColumn--default--12 aem-GridColumn--desktop--12 aem-GridColumn--tablet--12 aem-GridColumn--phone--12"> <div class="ifc__footer_top_left"> <a href="/en/home" target="_self" class="ifc__navbar_brand"><img title="Logo Image Title" alt="IFC Logo Image alt" src="/content/dam/ifc/corporate/logo/WBG-Horizontal-white-web.png" class="img-responsive" width="200" height="35"/> </a> </div> <div class="ifc__listinline"> <ul> <li class="disclaimer"><a href="https://www.worldbank.org/en/who-we-are/ibrd" target="_blank">IBRD</a></li> <li class="disclaimer"><a href="https://ida.worldbank.org/" target="_blank">IDA</a></li> <li class="disclaimer"><a href="https://www.ifc.org/" target="_blank">IFC</a></li> <li class="disclaimer"><a href="https://www.miga.org/" target="_blank">MIGA</a></li> <li class="disclaimer"><a href="https://icsid.worldbank.org/" target="_blank">ICSID</a></li> </ul> </div> </div> <div class="aem-GridColumn--default--12 aem-GridColumn--desktop--12 aem-GridColumn--tablet--12 aem-GridColumn--phone--12"> <div class="ifc__listinline"> <ul> <li class="disclaimer"><a href="/en/about" target="_self">About IFC</a></li> <li class="disclaimer"><a href="/en/our-impact" target="_self">Our Impact</a></li> <li class="disclaimer"><a href="/en/about/careers" target="_self">Careers</a></li> <li class="disclaimer"> <div class="ifc__lang_dropdown"> <div class="sr-only" id="language-dropdown1">Global language toggler</div> <button type="button" class="ifc__lang_label" data-toggle="dropdown" aria-haspopup="true" aria-expanded="false" id="global-language1" aria-labelledby="language-dropdown1 global-language1">English</button> <div class="ifc__dropdown_menu dropdown-menu" aria-labelledby="language-dropdown1"> <ul> <li lang="ja"><a class="dropdown-item" href="/ja/home" target="_self">日本語</a></li> <li lang="fr"><a class="dropdown-item" href="/fr/home" target="_self">Français</a></li> <li lang="ar"><a class="dropdown-item" href="/ar/home" target="_self">عربي</a></li> <li lang="en"><a class="dropdown-item" href="/en/home" target="_self">English</a></li> </ul> </div> </div> </li> </ul> </div> </div> <div class="aem-GridColumn--default--12 aem-GridColumn--desktop--12 aem-GridColumn--tablet--12 aem-GridColumn--phone--12"> <div class="ifc__social_media"> <ul> <li><a href="https://www.facebook.com/IFCwbg" target="_blank" class="lp lp-fb" data-customlink="sm:footer" data-text="facebook"><span class="sr-only">facebook</span></a></li> <li><a href="https://twitter.com/IFC_org" target="_blank" class="lp lp-twit" data-customlink="sm:footer" data-text="Twitter"><span class="sr-only">Twitter</span></a></li> <li><a href="https://www.linkedin.com/company/ifclinkedin" target="_blank" class="lp lp-linkln" data-customlink="sm:footer" data-text="Linkedin"><span class="sr-only">Linkedin</span></a></li> <li><a href="https://www.youtube.com/user/IFCvideocasts" target="_blank" class="lp lp-youtube-solid" data-customlink="sm:footer" data-text="Youtube"><span class="sr-only">Youtube</span></a></li> <li><a href="https://instagram.com/ifc_org" target="_blank" class="lp lp-instagram-solid" data-customlink="sm:footer" data-text="Instagram"><span class="sr-only">Instagram</span></a></li> <li><a href="https://whatsapp.com/channel/0029Vafs61rKbYMLhUtnaA0d" target="_blank" class="lp lp-whatsup-solid" data-customlink="sm:footer" data-text="WhatsApp"><span class="sr-only">WhatsApp</span></a></li> </ul> </div> </div> </div> </div> <div class="ifc__footer_bottom_section"> <div class="ifc__footer_bottom_b_section"> <div class="ifc__footer_fraud"> <ul> <li><a target="_self">© 2024 IFC</a></li> <li><a href="https://www.ifc.org/en/legal/terms-and-conditions-of-use" target="_blank">User Agreement</a></li> <li><a href="https://www.ifc.org/en/legal/privacy" target="_blank">Privacy</a></li> <li><a href="https://www.ifc.org/en/legal/scam-warning" target="_blank">Scam Warning</a></li> <li><a href="https://disclosures.ifc.org/inquiries" target="_blank">General Inquiry</a></li> </ul> </div> </div> </div> </div> </footer> </div> </div> </div> </div> </div> </div> </div> </div> <script src="/etc.clientlibs/ifc/clientlibs/clientlib-site-publish.js"></script> <script type="text/javascript"> var appInsights=window.appInsights||function(a){ function b(a){c[a]=function(){var b=arguments;c.queue.push(function(){c[a].apply(c,b)})}}var c={config:a},d=document,e=window;setTimeout(function(){var b=d.createElement("script");b.src=a.url||"https://az416426.vo.msecnd.net/scripts/a/ai.0.js",d.getElementsByTagName("script")[0].parentNode.appendChild(b)});try{c.cookie=d.cookie}catch(a){}c.queue=[];for(var f=["Event","Exception","Metric","PageView","Trace","Dependency"];f.length;)b("track"+f.pop());if(b("setAuthenticatedUserContext"),b("clearAuthenticatedUserContext"),b("startTrackEvent"),b("stopTrackEvent"),b("startTrackPage"),b("stopTrackPage"),b("flush"),!a.disableExceptionTracking){f="onerror",b("_"+f);var g=e[f];e[f]=function(a,b,d,e,h){var i=g&&g(a,b,d,e,h);return!0!==i&&c["_"+f](a,b,d,e,h),i}}return c }({ instrumentationKey:"2ddee9f8-57ef-4c0e-8810-a2f743116654" }); window.appInsights=appInsights,appInsights.queue&&0===appInsights.queue.length&&appInsights.trackPageView(); </script> <script src="/etc.clientlibs/ifc/clientlibs/clientlib-vendor/jquery.js"></script> <script src="/etc.clientlibs/ifc/clientlibs/clientlib-vendor/popper.js"></script> <script src="/etc.clientlibs/ifc/clientlibs/clientlib-vendor/bootstrap.js"></script> <script src="/etc.clientlibs/ifc/clientlibs/clientlib-site-icon.js"></script> <script src="/etc.clientlibs/ifc/clientlibs/clientlib-site-author.js"></script> <script src="/etc.clientlibs/core/wcm/components/commons/site/clientlibs/container.js"></script> <script src="/etc.clientlibs/core/wcm/components/commons/site/clientlibs/utils.js"></script> <script src="/etc.clientlibs/core/wcm/components/commons/site/clientlibs/imageDynamicMedia.js"></script> <script src="/etc.clientlibs/ifc/clientlibs/clientlib-base.js"></script> </body> </html>

CINXE.COM

Tourism, Retail, and Property | International Finance Corporation (IFC)