IFC and Infrastructure Journal Announce Top Public-Private Partnerships in Emerging Markets
IFC, a member of the World Bank Group, and Infrastructure Journal today highlighted the achievements of public-private partnerships in emerging markets that demonstrate best practices for governments that collaborate with the private sector to provid
Online, March 4, 2013 (Newswire.com) - [url:http://www.ijonline.co.uk]
The partnerships, selected from projects nominated following a global call for submissions, are featured in Emerging Partnerships: Top 40 PPPs in Emerging Markets.
The publication was produced by IFC and Infrastructure Journal with funding from the Public-Private Infrastructure Advisory Facility, a multidonor trust fund that provides technical assistance to governments in developing countries. "Infrastructure development is critical for growth and poverty reduction in developing countries, and well-structured public-private partnerships can pave the way forward," said Laurence Carter, Director of IFC Advisory Services in Public-Private Partnerships. "The PPPs featured in Emerging Partnerships offer proven models that ensure emerging markets benefit from private sector expertise and innovation to increase access, enhance quality, and improve efficiency in infrastructure and public services."
John Kjorstad, editor of Infrastructure Journal, said: ""The Emerging Partnerships report has chosen the most innovative and exciting PPP infrastructure projects from around the world. These projects have improved the daily lives of tens of millions of people by providing new infrastructure services. Increasingly governments are turning to PPPs as an affordable funding method. This comprehensive study of partnerships in emerging markets highlights best practice and will be an inspirational and invaluable tool for decision makers in both governments and the private sector."
Four independent regional judging panels of PPP experts selected the following projects for special recognition from the 40 featured projects. Each of the projects recognized demonstrated high levels of innovation, development vision, replicability, and social impact. East Asia, Pacific, and South Asia Gold: Punjab Grain Silos (India) Silver: CLIFF Community Sanitation (India) Bronze: Bhutan Education City (Bhutan) Europe, Central Asia, Middle East, and North Africa Gold: Queen Alia International Airport (Jordan) Silver: Pulkovo Airport (Russian Federation) Bronze: New Cairo Wastewater (Egypt) Latin America and the Caribbean Gold: São Paulo Metro Line 4 (Brazil) Silver: Atotonilco Wastewater Treatment Plant (Mexico) Bronze: IIRSA Amazonas Norte Highway (Peru) Sub-Saharan Africa Gold: KivuWatt Power (Rwanda) Silver: Chiansi Irrigation Project (Zambia) Bronze: Port of Cotonou (Benin) Gold, silver and bronze projects will be recognized at an awards ceremony in April 2013 in Washington, D.C. during the IMF-World Bank Spring Meetings. Download Emerging Partnerships
IFC, a member of the World Bank Group, is the largest global development institution focused exclusively on the private sector. We help developing countries achieve sustainable growth by financing investment, mobilizing capital in international financial markets, and providing advisory services to businesses and governments. In FY12, our investments reached an all-time high of more than $20 billion, leveraging the power of the private sector to create jobs, spark innovation, and tackle the world's most pressing development challenges. For more information, visit www.ifc.org.
Infrastructure Journal Infrastructure Journal is a global news and data service provider supporting industry professionals active in the development and financing of global infrastructure. IJ's daily news delivers a concise, accurate snapshot, keeping subscribers in tune with industry developments and potential new sources of work. For more information about Infrastructure Journal, visit www.ijonline.com.