Tunis, Tunisia, September 18, 2018—IFC,
a member of the World Bank Group, in partnership with the Tunisian Ministry
of Development, Investment and International Cooperation, the General Commission
for Public-Private Partnership, and the European Bank for Reconstruction
and Development (EBRD), is holding a high-level global forum on public-private
partnerships (PPP) in Tunis today to boost investment in key sectors.
Thirty-three major projects worth more
than 13 billion Tunisian dinars will be presented at the forum, which will
be led by Prime Minister Youssef Chahed alongside a number of ministers
and key stakeholders. The government is also presenting its new, recently
finalised PPP legislative framework at the forum, which covers vital sectors
such as energy, water, transport, logistics, infrastructure and technology.
The global forum is part of the government’s commitment to adopt new mechanisms
to advance investment, boost growth, and open up opportunities for national
and foreign private investment, easing the burden on public finances.
IFC has advised governments across the MENA region on PPP transactions
in a number of sectors including airports, roads, public transport, power
generation and distribution, water and wastewater, health, education, and
waste. Clients have included Afghanistan, Iraq, Jordan, Lebanon, Morocco,
Pakistan, Saudi Arabia, and the West Bank and Gaza.
“Governments in MENA urgently need to improve the quality of their infrastructure,”
said Mouayed Makhlouf, IFC Regional Director for the Middle East and North
Africa. “IFC is committed to helping governments meet this challenge through
mechanisms like PPPs, which play a strong part in funding vital infrastructure
projects and improving service delivery, and forums like this one provide
an excellent way to move the discussion and projects forward.”
“International institutions like EBRD and IFC together with the private
sector can play an important role along with the state in developing sustainable
economic growth, with better infrastructure. We stand ready to provide
substantial support for the realisation of this pipeline, through project
preparation and financing,” said Pierre Heilbronn, EBRD Vice President
for policies and partnerships.
The high-level forum will bring together international experts as well
as key players from the financial, investment and advisory sectors; senior
officials from regional and international financial institutions, banks
and investment funds; leading local and foreign investors; and representatives
of the Tunisian administration, national organisations and civil society.
A number of projects that could be implemented using PPP will be presented
and discussed in special workshops during the forum, including a discussion
on PPP prospects in local communities.
About the EBRD
The EBRD is a multilateral bank that promotes the development of the private
sector and entrepreneurial initiative in 38 economies across three continents.
The Bank is owned by 67 countries as well as the EU and the EIB. EBRD investments
are aimed at making the economies in its regions competitive, inclusive,
well-governed, green and integrated. Follow us on the web,
IFC—a sister organization of the World Bank and member of the World Bank
Group—is the largest global development institution focused on the private
sector in emerging markets. We work with more than 2,000 businesses worldwide,
using our capital, expertise, and influence to create markets and opportunities
in the toughest areas of the world. In
fiscal year 2018, we delivered more than $23 billion in long-term financing
for developing countries, leveraging the power of the private sector to
end extreme poverty and boost shared prosperity.
For more information, visit www.ifc.org