International financial institutions (IFIs) are globally active organisations whose aim is to provide member states – donor countries and borrower countries – a combination of financing, consulting, and technical expertise. This combination finances projects which help donor countries develop further. IFIs finance these projects either on the basis of long-term loans (usually below market rates) or through grants.
Plasser & Theurer’s products are essential for building rail infrastructure, which means they have a key role in countries’ development. Therefore, it is possible that a supply contract will be drawn up within the scope of an IFI-funded project; however, the purchase of railway machinery is often part of infrastructure projects entailing large volumes.
Implementing such projects means that several prerequisites must be in place; they include the political will of governments and IFI decisions favouring the project, among others.