Public Sector Investment Facility
Forecasted
Public Sector Investment Facility supports developing countries’ public bodies with investments using Finnish technology and expertise to meet national development needs and advance sustainable development.
Funder: Finland Ministry for Foreign Affairs
Due Dates (Anticipated): January 2027 (Annual concept paper deadline)
Funding Amounts: €10–30 million recommended project contract value; 35–50% minimum grant element; estimated implementation 2–3 years
Summary: Supports developing countries’ public investments using Finnish technology and expertise through concessional credit and development cooperation funding.
Key Information: Delivery requires a Finland-registered contractor, sufficient Finnish content approved by Finnvera, and a Finnvera-guaranteed loan.
Description
The Public Sector Investment Facility (PIF) is administered by Finland’s Ministry for Foreign Affairs (MFA), working with Finnvera and other Team Finland operators. It combines export credit with development cooperation funding to reduce investment purchase costs and cover loan interest. Investments must respond to the target country’s national development needs, advance the UN Sustainable Development Goals and Paris Agreement objectives, and produce clear, sustainable development impacts.
Supported sectors include social services, water supply, energy and cleantech. Examples include rural electrification, renewable power plants, waste management, education and healthcare equipment, and ICT networks in sparsely populated areas. Coastal surveillance, logistics equipment, weather radar and dredgers may also fit. PIF targets economically sound but commercially non-viable public investments, with capacity building supporting long-term operation and maintenance.
