PROJECT INFORMATION MEMORANDUM (PIM)
3.2 Information Memorandum
A Project Information Memorandum (PIM) is a document that outlines all necessary details about a proposed project, especially in the context of construction or development. The significance of a PIM lies in its ability to inform key decisions makers during the project planning stage. A PIM provides to investors and financiers a detailed analysis of the project financial assessment viability and potential Return On Investment (ROI). Other stakeholders, such as Regulatory bodies, use the PIM to ensure that the proposed project complies with local laws and regulations, safeguarding public interests. Developing a well-structured PIM demonstrates a commitment to transparency and due diligence, which is crucial for securing approvals and attracting investment.