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PPP

PPIAF’s recipe for enabling PPP finance: Good infrastructure governance

Jemima Sy's picture


It takes a lot to do a first Public-Private Partnership (PPP) well. In the past 12 months, we witnessed the successful financial close of two landmark PPPs: the Tibar Bay Port PPP—a first for Timor-Leste, one of the youngest countries in the world—and the Kigali Bulk Water project in Rwanda, considered the first water build-operate-transfer project in Sub-Saharan Africa.

To make these projects happen, deal teams, sponsors, and financiers did outstanding work in difficult environments. The Public-Private Infrastructure Advisory Facility (PPIAF) also earned some bragging rights and a share of the battle scars along with these actors.

Ready to launch: The World Association of PPP Units & PPP Professionals

Ziad Hayek's picture



There is hardly a government today that does not consider some sort of public-private partnership (PPP) to be relevant and integral to its development strategy.

Everywhere you go now, there are individuals and institutions dealing with PPP policy and all the complex aspects of tendering, implementing, and supervising PPP projects. A specialization has arisen, which has become a career for many people and an industry for many institutions, public and private. 

Beating the odds? How PPPs fare in fragile countries.

Fernanda Ruiz Nunez's picture



While discussion about Maximizing Finance for Development (MFD) is ramping up with governments and the international development community to seek innovative approaches to mobilize more private sector investment in developing countries, there is a group of countries with an additional layer of complex challenges.

It brings me no pleasure to say this, but a fair number of countries have economic and financial conditions, business environments, and rule of law that are almost always weak. Clearly, these conditions significantly increase the risks of investing in infrastructure for the private sector; consequently, the markets for public-private partnerships (PPPs) tend to be less developed.

New report on private capital for infrastructure in the poorest countries: 2017 a stellar year

Deblina Saha's picture



What do Bangladesh, Honduras, and Senegal have in common?

They all have per capita Gross Net Income below $1,165, allowing them to borrow from the World Bank’s International Development Association (IDA) that provides concessional financing to the world’s poorest countries. There are 72 other such IDA-eligible countries.

IDA countries face many complex challenges in the new global economy, including underdeveloped infrastructure, inadequate access to basic services, and a lack of affordable financing.  IDA support simply is not enough to resolve the myriad of complexities in these countries, and governments need to seek alliances with the private sector—especially when it comes to building infrastructure sustainably.

When elephants fight, it is the grass that suffers

Mark Moseley's picture


Photo: shplendid | Flickr Creative Commons

Talk of trade tariffs and heightened geopolitical tensions are dominating news headlines recently. As developed economies consider escalating protectionist policies, it’s easy to forget about the situation many emerging markets face.

As outlined in the World Bank’s Global Economic Prospects report released in June this year, protectionist policies would affect emerging market and developing economies (EMDEs) more severely than advanced economies. And this is at a time where increased investment and spending in EMDEs, including in infrastructure, is sorely needed.

Your summer reading list: PPPs, human capital, and lessons from Iceland’s national soccer coach

Geoffrey Keele's picture


Juan Salamanca | Pexels

It’s hard to believe summer is already half over. I am sure many of you, like me, have been stuck at your desks for most of July, but here’s hoping we all get out in the sun in August. But before you go, make note of these really interesting articles that have come out over the last few months that might just make the perfect porch reading for those looking to tune out, but still stay engaged.
 
The Road
The Globe & Mail
 
Highway BR-163 cuts a rough path through Brazil’s conflicting ambitions: to transform itself into an economic powerhouse and to preserve the Amazon as a bulwark against climate change. This beautifully presented story takes you along the 2,000-kilometer BR-163 corridor in Brazil’s Amazon region to look at the competing needs of those living along this important national artery. It’s not just about a road, but about development itself, and why balancing the economic and social needs of a nation and its people is no simple task.

日本の事例に学ぶ:インフラの強靭化に向けた官民パートナーシップ(PPP)

Sanae Sasamori's picture
このページの言語: English | Español 

2011年の震災後、営業を再開した仙台国際空港
出典:PIXTA

2011年3月、東日本大震災が日本を襲い、犠牲者と行方不明者の数は2万人近くにおよびました。宮城県の県庁所在地で東北地方の経済の中心である仙台は、震災により大きな被害を受けました。約50万人の市民が水道を利用できなくなり、仙台市の下水処理場は津波により水没しました。また津波により東北地方沿岸の鉄道施設325㎞が損壊し、高速道路約100㎞が浸水したことで、支援が必要な内陸部の被災地への交通手段は瞬時にして断たれました。

震災から4年後、地震と津波からの復興の努力が続く中、民間企業コンソーシアムが30年間の仙台空港の運営権(コンセッション)を取得し、国内で初めて民間企業が運営する空港が誕生しました。この成功は政策立案者と官民パートナーシップ(PPP)の関係者に驚きを持って迎えられました。民間の事業者がどのようにして、自然災害の多い地域での長期にわたる投資の意思決定を行なうことができたのでしょうか。
 

David Baxter - 10 Candid Career Questions with Infrastructure & PPP professionals

David Baxter's picture



Editor's Note: 

Welcome to the “10 Candid Career Questions” series, introducing you to the infrastructure and PPP professionals who do the deals, analyze the data, and strategize on the next big thing. Each of them followed a different path into infra and/or PPP practice, and this series offers an inside look at their backgrounds, motivations, and choices. Each blogger receives the same 10 questions that tell their career story candidly and without jargon. We hope you will be surprised and inspired.

Boosting access to market-based debt financing for sub-national entities

Kirti Devi's picture



Many countries are experiencing urbanization within the context of increased decentralization and fiscal adjustment. This puts sub-national entities (local governments, utilities and state-owned enterprises) in the position of being increasingly responsible for developing and financing infrastructure and providing services to meet the needs of growing populations.
 
However, decentralization in many situations is still a work in progress. And often there is a mismatch between the ability of sub-nationals to provide services, and the autonomy or authority necessary to make decisions and access financing—often leaving them dependent on national governments. Additionally, they may also contend with inadequate regulatory and policy frameworks and weak domestic financial and capital markets. 

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