Lead Organization

European Investment Bank (EIB), FEMIP (Facility for Euro-Mediterranean Investment Partnerships) Department.

Through its Regional Integration through Trade and Transport Corridors (TRANSTRAC) facility, the EIB has mobilized EUR 400 000 to finance several components of the program.

Partners

The World Bank, through PPIAF (Private Participation in Infrastructure Advisory Facility), is defining the mobilization of additional resources to finance the rest of the program.

Challenges

• Insufficient capacity for sound project identification suitable for being procured as Public-Private Partnerships, due to lack of PPP-specific expertise applied at sectorial level.
• Absence of structured processes for the identification and prioritization of potential PPP projects (i.e. PPP pipeline formation) based on defined criteria and evaluations.

Program Objective

• To provide critical support for the implementation of much-needed regional infrastructure projects by building capacity, strengthening the institutional setting, and fostering peer-to-peer knowledge exchanges between beneficiary countries on the identification and preparation of Public-Private Partnerships (PPP) projects.
• The involvement of the private sector is considered essential to fill the infrastructure gap, which hampers regional cross-border trade. Limited capacity and weak PPP project identification and preparation are key obstacles to the development of sound PPP schemes for transport infrastructure.

Selected Results (Planned)

Deepened knowledge/increased client capacity: Peer-to-peer knowledge exchange workshop in Naples, Italy, in October 2014; institutional strengthening of Public-Private Partnerships (PPP) delivery systems in targeted countries; and capacity building for PPP identification and development in targeted countries.