Based on the fact that high-quality pre-investment advice leads to better projects, thus contributes to increasing local and foreign investments, UNIDO has equipped public and private stakeholders with tools and methodologies for project appraisal and feasibility analysis – including UNIDO’s Computer Model for Feasibility Analysis and Reporting (COMFAR). COMFAR complements investment-profiling efforts and offer feasibility analysis support of large infrastructure or Public-Private Partnership (PPP) projects through the blending finance mechanism to develop bankable projects. COMFAR facilitates short and long-term analysis of financial and economic consequences for industrial and non-industrial projects. COMFAR is accompanied by manuals, teaching materials and interlinked software for project identification and preparation. COMFAR also offers specialized modules, for example on Clean Development Mechanism (CDM) and on Environmental Management Accounting.
COMFAR, which is already available in 19 languages, will expand its product offer to include more specialized versions that are compliant with the latest International Accounting Standards (IAS) and the International Financial Reporting standards (IFRS), the development of a trainers’ certification scheme and the establishment of national and regional training hubs.
Impact and results
There are currently over 11,000 COMFAR users in 160 countries. In over 30 years of COMFAR development, two main development impacts were recorded: classic investment benefits, such as increased employment, technology spillovers/innovation and better environmental performance, and improved institutional capabilities to ensure the feasibility and economic benefits of investments in developing countries.
The latest version of the software, COMFAR III Expert permits the user to simulate the short- and long-term financial and economic situation of investment projects. The software facilitates the analysis of industrial as well as non-industrial projects, whether new investments, rehabilitations, expansions, joint venture or privatization projects.
All COMFAR III programs are delivered in the language selected by the user. It is possible to acquire and install, at any time, one or more additional language sets. This will permit the analyst to operate COMFAR III in one language (e.g. English) and print all tables and charts in a different language (e.g. French).
COMFAR III is currently available in the following 19 languages:
• Arabic, Chinese, Croatian, Czech, English, Farsi, French, German, Indonesian Bahasa, Italian, Japanese, Korean, Mongolian, Polish, Portuguese, Russian, Serbian, Slovak and Spanish. Other language versions will follow, subject to demand.
Hard- and Software Requirements
COMFAR III can be installed and run on a computer system equipped with the following hardware and software:
• Microsoft Windows Vista/7/8/10
• Hard disk space (22.1 MB)
• USB port (for protection key)
For more information on COMFAR, please contact us
• COMFAR has not been officially released for Windows 10. Nevertheless, it can be installed and used as long as the relevant new HASP driver is installed.
• COMFAR III is backward compatible to Microsoft Windows 98/ME, 2000/XP.