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THE WORLD BANK GROUP has floated a tender for Feasibility Study of Grains Bulk Storage for Pakistan. The project location is Pakistan and the tender is closing on 30 May 2024. The tender notice number is 0002009104, while the TOT Ref Number is 101478317. Bidders can have further information about the Tender and can request the complete Tender document by Registering on the site.
Procurement Summary
Country : Pakistan
Summary : Feasibility Study of Grains Bulk Storage for Pakistan
Deadline : 30 May 2024
Other Information
Notice Type : Tender
TOT Ref.No.: 101478317
Document Ref. No. : 0002009104
Competition : ICB
Financier : International Finance Corporation (IFC)
Purchaser Ownership : Public
Tender Value : Refer Document
Purchaser's Detail
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Login to see detailsTender Details
Expression of Interest are invited for Feasibility Study of Grains Bulk Storage for Pakistan
Pakistan-s Punjab province, known as the nation-s breadbasket, faces significant challenges in its grain acquisition, transportation, and storage (ATS) segment. The International Finance Corporation (IFC) conducted a study of the ATS of wheat, rice, and maize, revealing an estimated annual loss of US$ 2 billion due to inefficient agricultural practices. To address this, the IFC is partnering with a Pakistan-based business group to develop a modern grain storage facility for maize, aiming to re-engineer the ATS, eliminate middlemen, and enhance food safety and quality. Maize holds crucial importance for Pakistan-s food security and economy, serving as a staple food crop, vital feed ingredient, and source of income for farmers. Additionally, maize has industrial applications, contributing to industrial development and economic diversification. The IFC-s Upstream team is driving an Umbrella Project, with Component 1 focusing on assessing through a consultant firm the feasibility of developing Bulk Storage Depots (BSDs) in Pakistan, potentially benefiting large agro processors interested in enhancing food security and safety through long-term agreements with BSD operators.
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