IIFC is also involved in developing non-investment projects that do not require any substantial private investment in the near future. Private sector participation in these projects is envisaged mainly by providing management expertise and technical know-how. The Government attaches priority to pursuing its policy of commercializing existing public assets and introducing private sector participation in the form of outsourcing, management contracts etc. in order to improve the efficiency of the public sector enterprises. Private investment in assets is planned at a later stage after these enterprises are restructured. Pursuant to government policy, advising on restructuring and commercialization of public sector enterprises is a major area of activity of IIFC.