Infrastructure Finance Corporation Limited (INCA)
Infrastructure Finance Corporation Limited, trading as INCA, is a 100 per cent privately owned and operated debt fund. Since its establishment in 1996, INCA acts as a primary mobiliser of funds for lending to infrastructure providers. The main funding sources it draws on are local and international market funds. INCA bond issues are listed on the Bond exchange of South Africa and the company accesses International long term loans from development finance institutions.
Since inception, INCA has advanced over R8,0 billion (EUR 824,7 million) to infrastructure providers, issued more than R6,0 billion (EUR 618,5 million) in bonds to the South African capital market and raised R2,0 billion (EUR 206,1 million) in international loan funding.
Our Mission…
To be recognized as the preferred non-banking financier of public and private sector initiatives, focusing on the longer term social and economic development of South Africa and its neighbours.
Our Activities…
Together with our shareholders and our international and local partners we aim to:
- Provide finance and expertise to municipalities, provincial governments and other public sector entities, to assist them in executing their developmental role;
- Actively look to fund and support Public Private Partnerships that create, maintain and operate social and economic infrastructure in all sectors of the economy;
- Fund private sector initiatives focusing on local and regional developments that impact positively on the quality of life of local communities.
In respect of the above, INCA provides development loans and finance for property development, moveable assets, plant and equipment, but does not provide working capital. Grants are provided through the INCA Capacity Building Fund for technical assistance and capacity building.
Infrastructure Finance Corporation Limited (www.inca.co.za)
Financial information