Expression of Interest For Development Of A Climate-Smart Land Development Strategy For The Riverfront Of Asunción

Expression of Interest are invited for Development of a Climate-Smart Land Development Strategy for the Riverfront of Asunción The World Bank, in collaboration with the Government of Paraguay and the Municipality of Asunción, invites international real estate consulting companies to participate in a transformative consultancy project aimed at designing a climate-smart, market-oriented land development strategy for the Asunción riverfront. This initiative seeks to unlock sustainable investment opportunities and enhance institutional coordination, paving the way for resilient, inclusive, and low-carbon urban development. Project Overview: Objective: Develop a comprehensive strategy to guide the sustainable development of the Asunción riverfront, incorporating climate resilience, financial viability, and social inclusion. Scope of Work: The consultancy will be structured into four phases: Inception and Work Planning, Diagnostic and Situational Analysis, Strategy Development, and Finalization. Key tasks include stakeholder engagement, situational analysis, institutional and regulatory assessment, environmental resilience analysis, and strategy formulation. Deliverables: A detailed methodology and work plan. Diagnostic and situational analysis reports. Workshops and presentations. A final strategy document incorporating stakeholder feedback. Duration and Timeline: The consultancy is expected to be completed over 14 weeks, from August 2025 to November 2025. Selection Criteria: Firm Experience: Demonstrated expertise in real estate, urban planning, climate resilience, and financial modeling, preferably in Latin America. Team Qualifications: Experts in urban planning, climate change adaptation, real estate finance, and legal/regulatory frameworks. Methodology and Work Plan: Innovative approaches and strong stakeholder engagement strategies. This project presents an exceptional opportunity for firms to participate in the transformation of Asuncións riverfront in Paraguay. By collaborating with various stakeholders, firms can contribute to promoting sustainable urban development. Proposals are invited from firms interested in engaging in this initiative that emphasizes innovation, sustainability, and strategic growth. The objective is to attract private sector participation through innovative solutions that foster social inclusion, climate resilience, and financial sustainability, ultimately shaping the future of the region. Tender Link : https://wbgeprocure-rfxnow.worldbank.org/rfxnow/public/advertisement/5489/view.html