International Finance Corporation (IFC) played a key role in helping South African National Parks (SANParks) structure and implement the initial landmark public-private partnerships for setting up nine ecotourism concessions, seven of which are in the world famous Kruger National Park, and awarding concessions to private operators for retail and restaurant facilities in several national parks. The transactions closed in 2000 and 2001, respectively.
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Details
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Document Date
2009/06/01
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Document Type
Brief
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Report Number
53176
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Volume No
1
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Total Volume(s)
1
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Country
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Region
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Disclosure Date
2013/10/23
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Disclosure Status
Disclosed
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Doc Name
South Africa - National parks
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Keywords
access to capital, accommodation facilities, assets, bear, bid, bids, biodiversity, capital costs, commercialization, concession, concession contracts, concessionaires, concessions, conservation, conservation strategy, contract management, contractual terms, economic development, environmental impact assessments, exclusive use, National Park, National Parks, National Treasury, penalties, performance bonds, private operators, public funds, restaurants, retail concessions, tender process, Tourism, tourism opportunities, tourism products, tourism sector, transaction, transparency, transparent bidding
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Citation
South Africa - National parks (Russian). Success stories (tourism) Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/947491468305685158/South-Africa-National-parks