Towards better infrastructure
Subtitle: conditions, constraints, and opportunities in financing public-private partnerships : evidence from Cameroon, Côte d'Ivoire, Ghana, Kenya, Nigeria, and Senegal
By: Riham Shendy, Zachary Kaplan, Peter Mousley ; PPIAF
Contributors: Kaplan, Zachary; Mousley, Peter; World Bank; Public-Private Infrastructure Advisory Facility
Publisher: The International Bank for Reconstruction and Development/The World Bank
Published: 2011
Place of publication: Washington DC
Language: eng
Number of pages: 96
ISBN-13: 9780821387818; 9780821388204
Subjects: Infrastructure (Economics); Public works; Public-private sector cooperation; Finance
Notes: "This report was produced at the request of the Government of Ghana (GOG) under the leadership of the Project Finance and Analysis (PFA) Unit of the Public Investment Department (PID) of the Ministry of Finance and Economic Planning (MOFEP) and with support from the World Bank and Public Private Infrastructure Advisory Facility (PPIAF)"--Acknowledgements.
Table of contents: title: Background: Current status of PPP markets in selected countries. This report; title: Sources of financing: Sources of local financing for PPP projects. Local commercial banks. Pension funds. Insurance funds. Local capital market; title: Sources of international financing for PPP projects: International commercial banks. Private infrastructure funds. Donor infrastructure funds. Sovereign wealth funds and other public entities; title: The legislative and institutional framework; title: A well-structured PPP pipeline; title: Risk allocation and fiscal management of PPPs; title: Medium-term options for PPP financing: Tackling high upfront capital costs. Longer-term local debt financing. Risk mitigation guarantee products. PPP market failures deriving from country size and cross-border infrastructure financing constraints; title: Recommendations: Developing long-term financing for infrastructure. Strengthening other aspects of a strong enabling environment.