Tunis, Tunisia, December 14, 2016—IFC,
a member of the World Bank Group, has signed a Memorandum of Understanding
with the Tunisian government to help develop pilot public-private partnership
(PPP) infrastructure projects and boost private sector participation in
In line with the government’s objectives
and its new PPP law, IFC will help the country develop PPP projects in
priority sectors, including power, transport, and water. IFC will bring
its global expertise in designing and structuring PPPs to ensure the projects
are well balanced and sustainable.
To meet the increasing demand for infrastructure
services, the government also organized an international investor conference
in November to help leverage private sector investments in line with its
public financing plans.
“We are pleased to sign this agreement with
the Government of Tunisia. By creating the appropriate structures, the
government can attract needed capital for infrastructure to expand services
more quickly, said Mouayed Makhlouf, IFC Director for the Middle East and
North Africa. “IFC is pleased to assist the government as it launches
PPP program. We will bring our global experience in advising and
structuring PPPs to ensure that projects are well balanced and sustainable.”
The project is part of a wider effort by IFC
to improve infrastructure and public services delivery across the Middle
East and North Africa by enlisting the support of the private sector.
IFC, a member of the World Bank Group, is
the largest global development institution focused on the private sector
in emerging markets. Working with 2,000 businesses worldwide, we use our
six decades of experience to create opportunity where it’s needed most.
In FY16, our long-term investments in developing countries rose to nearly
$19 billion, leveraging our capital, expertise and influence to help the
private sector end extreme poverty and boost shared prosperity. For more
information, visit www.ifc.org