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PPP

What’s new on the PPP Knowledge Lab?

Clive Harris's picture

The PPP Knowledge Lab [1] was launched a year ago with the goal of making resources on public-private partnerships (PPPs) more accessible to the PPP community and filling a gap in knowledge around infrastructure and PPPs. Emboldened with this goal, the world’s top multilateral development agencies came together to create a central platform of comprehensive information on PPPs. Resources on the PPP Knowledge Lab have grown tremendously since its launch.

One PPP Program, Two World Bank Group Teams, and the MIT

Bernardo Weaver's picture



The largest Public-Private Partnership deal in Central America was recently highlighted at one of the world’s most prestigious universities during the Massachusetts Institute of Technology’s (MIT) 9th Annual Sustainability Summit. Under this year’s theme, Funding the Future, the event brought together more than 300 participants from students, startup CEOs, academia, think tanks and financial investors.

InfraCompass: Helping governments set their infrastructure policies in the right direction

Chris Heathcote's picture

The Global Infrastructure Hub (GI Hub) has launched a new tool to provide a guide for governments to create the best conditions to deliver infrastructure.

The initiative, InfraCompass, pinpoints the leading policies and practices that lead to sustainable and equitable infrastructure through efficient markets, better decision-making, and delivery. The GI Hub analysed 130 infrastructure-related datasets and produced data on infrastructure markets in 49 countries accounting for over 90% of global GDP.
 

InfraCompass online tool
 

Betting on Bankability: Picking up the pace of Manila’s Light Rail Transit system

Bill McCormack's picture


Photo credit: joyfull/Shutterstock.com

When the Manila Light Rail Transit (LRT) extension project reached financial close in March 2016 it was a landmark event for the Philippines and for Southeast Asia. It is an achievement for an enormous project worth some US$1.1 billion to go ahead in a region with not much of a track record of large-scale transport Public-Private Partnerships (PPPs). The project’s winning formula is a combination of at-times difficult ingredients: government responsiveness, a balanced risk profile, and project bankability.
 

More than a technicality: The engineering foundation of Scaling Solar

Alasdair Miller's picture



Public-Private Partnerships (PPPs) require the coordination of an impressive number of stakeholders to mobilize the commercial financing needed to achieve sustainable, inclusive growth in challenging environments. A great deal of analysis, negotiation, and hard work goes into every project. And each one presents an opportunity to encourage investors to venture into countries and compete for projects they wouldn’t have considered before and, ultimately, to create new markets.

While the commercial and legal challenges involved in structuring PPPs are well known, the efforts that go into conducting rigorous technical due diligence are less well known. For example, projects that aim to provide utility scale solar PV on short order, like the World Bank Group’s Scaling Solar program, require a team of experienced engineers from IFC’s Energy and Water Advisory working hand in hand with our PPP transaction advisors, legal experts, and environmental and social specialists to make them a reality.

Tapping into Islamic finance for infrastructure development

Aijaz Ahmad's picture



Islamic finance assets represent only around 1% of the global financial market,[1] so how can tapping into these funds help close the $452 billion annual infrastructure finance gap in Emerging Markets and Developing Economies?[2] The percentage may be small now, but the Islamic finance market is growing at an impressive pace—and not just in Muslim-majority countries.

What are the new trends driving private infrastructure investment in emerging markets?

Paul da Rita's picture


Photo: USAID | Flickr Creative Commons

Over $4.5 trillion a year will be spent on infrastructure between now and 2020. A recent article by PwC identified a number of themes likely to guide that investment in a world where politics, technology and markets are changing fast.
 
The five themes are:

The art of laying bricks: infrastructure as an asset class

Morten Lykke Lauridsen's picture



There is a famous saying that a successful person can lay a firm foundation with the bricks others have thrown at him.

In real life however, the art of building a firm foundation is not always that simple. Waiting for others to simply throw bricks at you is not enough when the grand task is transforming infrastructure into an asset class. There is a need for a skillful bricklayer—and this is the role we see for the multilateral development banks (MDBs).

To meet this challenge, our two institutions – the International Finance Corporation (IFC) and the Asian Infrastructure Investment Bank (AIIB) – co-hosted a session moderated by AIIB’s Vice President Joachim von Amsberg at the recently-held 2017 Global Infrastructure Forum. The objective was precisely to discuss how to construct and promote infrastructure as a tradable asset class.

Developing local capital markets to fund domestic long-term financing needs

Ceyla Pazarbasioglu's picture



Finance fuels economic growth and development. Yet, it is also clear that traditional funding sources – public finances, development assistance or banks loans – will not be sufficient to finance the Sustainable Development Goals.

Both developed and developing countries are turning to capital markets to find new sources of funding and to attract private sector financing, investment and expertise.

A key priority for the international development community is to unlock adequate private sector financing so that emerging market countries can meet their financing needs to fund strategic objectives, such as improving infrastructure.

We estimate that the amount of infrastructure financing covered by the private sector could be more than doubled, if countries harness the full potential of local capital markets.

At the World Bank Group, we are committed to marshal our expertise to increase the use of capital markets for investment financing. Helping countries develop government debt markets is vital to our goals of eliminating extreme poverty and boosting shared prosperity.

Start listening: A pulse on the infrastructure conversation on social media

Pranya Yamin's picture



*A version of this post was originally written for KPMG's Insight Magazine. The content/data has since been updated for this blog post.

Social media is both a driver and an enabler of change. It is beyond simply a broadcasting platform, and individuals and organizations that recognize this are the ones that are truly able to harness its power. Social media drives conversations about infrastructure; it amplifies social reaction and sentiment; it encourages transparency and empowers individuals. Simply put, social media should not be ignored. So here is what you need to know.


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