Company Profile

The Opec Fund for International Development (OFID)

Get all the information about The Opec Fund for International Development (OFID), a company operating mainly in the Infrastructure, Water & Waste and Electric Power sector. Connect with its key contacts, projects, shareholders, related news and more. The company has operations in Austria, which include Access roads, Corridors, Highways - Roads, Project Finance, Bridge, Bypasses, Widening Works, Tunnel, Paving Works, Roads, Beltways, Financing andDevelopment and Integration Bank. Write to us at info@bnamericas.com or call us at +56 (2) 29410300 to schedule a demonstration of our platform.

Access roads Corridors Highways - Roads Project Finance Bridge Bypasses Widening Works Tunnel Paving Works Roads Beltways Financing Development and Integration Bank

Description:

The Opec for International Development (OFID) is the intergovernmental development finance institution established in 1976 by the member states of the Organization of the Petroleum Exporting Countries (OPEC). The agency objective is to reinforce financial cooperation between OPEC member countries and other developing countries by providing financial support toward socio-economic development projects and programs. The institution's central mission is to foster partnership with fellow developing countries worldwide with the aim of helping to eradicate poverty.OFID's headquarters are located in Vienna, Austria. Among its recent projects in the region, OFID will finance 48.5% of a US$122mn bid round for highways in Chuquisaca department to be launched by Bolivia's state highway agency ABC; and has approved a US$70mn loan for a US$155mn highway project which involves the widening and rehabilitation of some 99km of highway in Bolivia's Cochabamba and Santa Cruz departments.

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Key contacts

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