This PPIAF-funded report aims to discuss and disseminate information on how Islamic finance has been applied in infrastructure projects through PPP schemes, what the structural challenges and solutions are, and what can be done to deepen and maximize the use of Islamic finance for this purpose. This report has two broad dimensions. The first is to enhance the understanding of Islamic finance building blocks as they relate to financing infrastructure PPP projects, and the second, and p...

Procuring Infrastructure Public-Private Partnerships 2018 is designed to help governments improve their PPP regulatory quality. By benchmarking the regulatory frameworks of economies around the world against internationally recognized good practices in procuring PPPs, this assessment identifies areas for improvement in the preparation, procurement, and management of PPPs. Building on the success of Benchmarking Public-Private Partnership Procurement 2017, this...

The last year saw a surge of climate change impacts across the globe, ranging from rising sea levels to uncontrolled wildfires. Developing countries and emerging economies are especially vulnerable to these impacts, partly because they lack the resources and capacity to address them—especially when the COVID-19 pandemic is ravaging economies worldwide. PPIAF’s role in addressing the impacts of climate change on infrastructure development is in line with the World Bank’s g...

This report provides an overview of PPIAF’s activities and accomplishments, which are contributing to helping our clients achieve their goals, as well as the global goal of sustainable development embodied throughout the 2030 Sustainable Development Goals (SDGs).

This report provides a general overview of the projects that received financing from institutional investors and the share of institutional-investor contributions in the total investment garnered during the period of study. The report finds this share to be extremely low and as such the risks and barriers to institutional investment in infrastructure are also highlighted.  The report also provides details about the institutional investors who provided financin...

Between 1990 and 2015, private sector investments in infrastructure in Vietnam totaled US$11.3 billion, with 81 projects reaching financial closure. According to the World Bank Group’s report, Benchmarking Public-Private Partnerships Procurement 2017, Vietnam scored above the averages of East Asia Pacific countries in the stages of public-private partnership (PPP) projects: preparation, procurement, and contract management. From 2003 to 2014, the Public-Private Infrastr...

Since 2011, PPIAF has assisted the Government of Timor-Leste (GoTL) to attract private-sector investment in the country’s greenfield container-port terminal in Tibar Bay, outside the capital city, Dili. With this assistance, the government identified this as a priority public-private partnership (PPP) project in 2011, then spent the next five years developing it, while also building its own institutional capacity. In June 2016, the government signed a 30-year, $490-million concession...

For over 20 years, PPIAF and its partners, particularly governments, donors, and international development institutions, have worked to build the capacity, regulatory, and institutional framework necessary to stimulate private sector participation (PSP) in infrastructure. PPIAF’s work helps its clients work with the private sector to continue providing financing and operating infrastructure services when systems and economies are under unprecedented strain. The pandemic is not the on...

Since 2014, the Public Private Infrastructure Advisory Facility (PPIAF) has provided grants to West African francophone countries to enable private sector participation in infrastructure. This support comprises programmatic support (the UEMOA PPP program) or country programmatic support (such as Guinea and Mauritania). In September 2014, PPIAF provided a grant to Mauritania, a country in the Maghreb region of West Africa, to strengthen its enabling environment for Public Private Partnershi...

This publication provides guidance to government officials in emerging markets and developing economies (EMDEs) on when government guarantees for public-private-partnership (PPP) projects might be desired; how they could be best utilized; the structure and scope of guarantees and guarantee programs; the costs and risks entailed; and how to manage these risks.

PPIAF support was instrumental in transforming the enabling environment in the State of Odisha to scale-up renewable energy and catalyze the development of a 1,000 megawatt (MW) solar park through a public-private partnership. The technical assistance support was critical in removing key barriers for private-sector participation while helping build the local institutional capacity. As a result, the State of Odisha was recently included in the National Solar Park Development initiative&rsqu...

When it comes to infrastructure projects, “unsolicited proposals” (USPs) represent an alternative to the traditional project initiation method where the private sector, rather than the government, takes the leading role in identifying and developing a project. In practice, many public authorities across the world resort to USPs motivated by the perspective of solving the challenges brought by their lack of capacity to identify and develop projects. However, many projects that o...

Since 1999 the Public-Private Infrastructure Advisory Facility (PPIAF) has supported the Nigerian government in facilitating private sector infrastructure investments in the port, water, and energy sectors. PPIAF commissioned an independent impact assessment in February 2016 to review past technical assistance; identify and validate legal, institutional, and policy reform outcomes encouraging private participation in infrastructure; and assess impacts of public- private partnership (PPP) p...

A growing number of governments are interested in partnering with the private sector to provide public infrastructure assets and services. The PPP Reference Guide aims to assist them. The Guide tackles the following questions:   What are public-private partnerships (PPPs), why and when to use them. What kind of policy, legal, and institutional framework is needed to ensure PPPs achieve their objectives efficiently and effectively. What...

When it comes to infrastructure projects, “unsolicited proposals” (USPs) represent an alternative to the traditional project initiation method where the private sector, rather than the government, takes the leading role in identifying and developing a project. In practice, many public authorities across the world resort to USPs motivated by the perspective of solving the challenges brought by their lack of capacity to identify and develop projects. However, many projects that o...

Every financial system has faced or will face a crisis at some point. But even in the absence of a crisis, the extraordinary growth in credit over the last two decades has resulted in an increase of non-performing loans (NPLs), which are an unavoidable by-product of lending. This can put economies at risk. When not addressed, distressed assets can grow to reach critical thresholds that can slow down, or even prevent, economic recovery and increase unemployment, creating a vicious circle th...

This volume contains detailed studies on the disclosure policy and practice of public-private partnerships (PPPs) in 13 jurisdictions. The jurisdictions were studied as part of the research and analysis carried out under the Disclosure in PPP Project jointly implemented by the World Bank Group Public-Private Partnerships Cross-Cutting Solution Area (WBG PPP CCSA), the Governance Global Practice (GGP), Construction Sector Transparency Initiative (COST), and Public-Private Infrastructure Adv...

In 2012, PPIAF partnered with the World Bank to engage with the Government of Belize to help them improve and maintain municipal service delivery in selected towns through the Municipal Development Project. PPIAF’s technical assistance support helped to initiate the development of the Revenue Enhancement Support Program, to assist the municipalities in enhancing the capacity of municipal finance management and improving creditworthiness. This initiative has made significant contribut...

Developed by the Global Infrastructure Hub, a G20 initiative, the PPP Contract Management Tool provides guidance for governments in managing PPP projects after financial close, through construction and operations. The tool highlights lessons learned on some of the common challenges that arise and how they can be addressed, as well as how to avoid some of the common pitfalls. The data and case studies include new information about the management of PPP contracts, which h...

The complexity of public-private partnership (PPP) transactions often means that considerable time and expense is involved in preparing and finalizing the contract. This has led many stakeholders to ask for standardized provisions in such contracts to allow for a quicker and less expensive drafting process. Given the variety of PPP transactions and legal systems, as well as the need for "tailor-made" provisions, the development of fully standardized&...

In 2007, PPIAF approved a grant to assist in establishing the institutional and regulatory framework for the transport sector in Senegal. Technical assistance support was also given to the National Agency for the Promotion of Investments (APIX) to consolidate the institutional framework and develop contractual arrangements for the Dakar–Diamniadio Toll Highway project.

The Benchmarking Public-Private Partnerships Procurement 2015 report aims to support and enhance the decisions that feed into policy-making by highlighting key aspects of a country’s PPP legal and regulatory framework. The project that the report is based on follows the successful approach undertaken by the World Bank Global Indicators Group, which, with its Doing Business project, has a recognized track record of measuring a country’s laws and regulations and leverag...

PPIAF’s Sub-National Technical Assistance Program (SNTA) and its World Bank Group partners—the International Finance Corporation (IFC) and the Energy Sector Management Assistance Program (ESMAP)—have been working with the Brazilian municipalities of Belo Horizonte and Rio de Janeiro to bring energy-efficient investment to public street-lighting systems. The program, which includes early-stage feasibility analysis and technical assistance, has prompted Belo Horizonte ...

When it comes to infrastructure projects, “unsolicited proposals” (USPs) represent an alternative to the traditional project initiation method where the private sector, rather than the government, takes the leading role in identifying and developing a project. In practice, many public authorities across the world resort to USPs motivated by the perspective of solving the challenges brought by their lack of capacity to identify and develop projects. However, many projects that o...