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MDB Infrastructure Investment Project Briefs

This series showcases how the multilateral development banks have come together to support the development and implementation of public-private partnerships. This support comes in the form of public sector loans, private sector finance, sector and transaction advice, guarantees, and output-based aid.

    • 2016
    • Inter-American Development Bank (IDB), World Bank Group (WBG)

    Brazil: BA-093 Highway System

    PPP Brief

    The BA-093 system located in the state of Bahia, in Northeast Brazil, comprises a series of roads stretching over 126 kilometers. The system was in a severe state of disrepair, as it had never been properly maintained or rehabilitated since it was built since its development in the 1950s. With the combined assistance of the Brazilian Development Bank (BNDES), the Inter-American Development Bank (IDB), and IFC under the aegis of the Private Sector Participation Program (PSP Brazil), the Government of Bahia awarded a 25 year  concession contract to The Bahia Norte consortium, composed of Invepar (a subsidiary of OAS Construtora) and Odebrecht.

    • 2016
    • World Bank Group (WBG), African Development Bank (AfDB)

    Cameroon: Dibamba Power Plant

    PPP Brief

    In 2009, the Government of Cameroon awarded AES Dibamba Power Development Corporation (DPDC) the right to develop an 86-MW thermal energy Independent Power Plant (IPP). The Dibamba Project provides Cameroon with peaking and reserve capacity in electricity generation, in order to meet the growing public sector and industrial demand for electricity. The project will help avoid load shedding during the dry season that typically lasts from January to June each year.  In 2008, AES Sonel received support by way of a €240 million debt-financing package extended by the African Development Bank (AfDB), the Central African Development Bank (BDEAC), the German Development and Investment Corporation (DEG), IFC, and PROPARCO. In 2014, MIGA...

    • 2016
    • European Investment Bank (EIB), World Bank Group (WBG), African Development Bank (AfDB)

    Cameroon: Kribi Power Plant

    PPP Brief

    In 2009, the Government of Cameroon (GoC) awarded the Kribi Power Development Corporation (KPDC), a 20-year public-private partnership (PPP) to design, build, finance and operate the 216 MW Kribi natural gas-fired power plant, and associated transmission line. In 2012, the project received a financing package from the African Development Bank (AfDB), the European Investment Bank (EIB), IFC, the Netherlands Development Finance Company (FMO), the French Promotion and Investment Company for Economic Cooperation (PROPARCO), and the Central African Development Bank (BDEAC). The World Bank provided a partial risk guarantee to facilitate Cameroon’s first long-term, local currency loan for infrastructure and in 2014, MIGA extended a guarantee...

    • 2016
    • Inter-American Development Bank (IDB), World Bank Group (WBG)

    Colombia: 4th Generation Toll Road Program

    PPP Brief

    In the past decade, Colombia has seen remarkable economic growth. Per capita incomes have more than doubled to $2,424 per year in 2014, foreign direct investment inflows are now ten times what they were and the country is ranked highest in the World Bank’s Doing Business report amongst Latin American and Caribbean (LAC) countries. However, public investment in infrastructure stands at a paltry 1.3 percent of GDP, the effects of which are manifest in its poor standing relative to LAC peer countries in infrastructure indices. The country is ranked 103 out of 140 in the Business Environment and Infrastructure Index of the World Economic Forum and, 130th out of 140 for transportation infrastructure. The Government of Colombia (GoC) has...

    • 2017
    • Islamic Development Bank (IDB), World Bank Group (WBG)

    Côte d’Ivoire: Block CI-27 Gas Field Expansion

    PPP Brief

    After several decades of stability and growth, in 1999 Côte d’Ivoire began to suffer from political strife and the effects of a brutal civil war. However, in 2011 the country began to once again stabilize and experience solid growth. To fuel its economic expansion and increasing demand for electricity, Côte d’Ivoire recognized it needed to increase its gas supplies. In 2012, the World Bank Group’s International Development Association (IDA) and Multilateral Investment Guarantee Agency (MIGA) provided partial risk guarantees and political risk insurance, respectively, to a project aimed at developing offshore gas fields that would supply independent power plants. Part of the investments covered by MIGA were re-insured by the Islamic...

    • 2017
    • African Development Bank (AfDB), World Bank Group (WBG)

    Côte d’Ivoire: CIPREL IV Power Project

    PPP Briefs

    The Compagnie Ivoirienne de Production d’Electricité (CIPREL) was established in 1994 as the first independent power producer in Côte d’Ivoire. A public-private partnership (PPP) agreement enabled it to expand the capacity of the thermal power plant while improving its efficiency. CIPREL IV was commissioned in February 2016 and by the end of 2016 was providing power to 120,000 additional homes per year while reducing greenhouse emissions equivalent to 180,000 tons of CO2 per year. The International Finance Corporation (IFC), member of the World Bank Group, the African Development Bank (AfDB) and Proparco jointly financed this project. The Dutch development bank (FMO) and the Emerging Africa Infrastructure Fund (EAIF) joined the lender...

    • 2016
    • European Investment Bank (EIB), World Bank Group (WBG)

    Croatia: Zagreb International Airport

    PPP Brief

    Zagreb International Airport, the largest in Croatia, is a key gateway for tourism and business, making it a critical element in the country’s economy. At a capacity of two million passengers per year, however, the airport was unable to keep up with growing demand for airport services. In 2009, the Government of Croatia decided to build and operate a new terminal under a public-private partnership. The Zagreb Airport International Company (ZAIC) won the tender and took over management of the airport in December 2013. The European Investment Bank (EIB), IFC, Deutsche Bank, and Unicredit Bank Austria provided financing to the project. The new terminal is expected to open by the end of 2016.

    • 2016
    • Islamic Development Bank (IDB), World Bank Group (WBG)

    Jordan: Queen Alia Airport

    PPP Brief

    The Queen Alia Airport is Jordan’s main international airport and a key component of the country’s transport, trade and tourism infrastructure. In 2007, IFC served as transaction advisor to the Jordanian government on structuring and awarding a 25-year concession to a private sector operator responsible for reconstructing and expanding the airport’s terminal. It was the first successful airport public-private partnership in the Middle East. The Islamic Development Bank (IsDB), IFC, and commercial lenders financed the project. The new terminal was opened in March 2013 and by mid-2014, IFC, with the IsDB, provided and arranged an additional $68 million in loans to finance an expansion of the new terminal’s related...

    • 2016
    • European Investment Bank (EIB), World Bank Group (WBG)

    Jordan: Tafila Wind Farm

    PPP Brief

    Jordan’s power sector is highly dependent on imported fuel. With plentiful wind and solar resources, Jordan has been seeking ways to harness these resources to reduce wholesale prices, meet growing demand and improve efficiency. Within the framework of the Collaboration Agreement between the International Finance Cooperation (IFC) and the European Investment Bank (EIB), IFC engaged with a private sector partner, EP Global Energy (EPGE), to advise on the development of the project, including the financing package and a set of bankable project agreements. As the lead financier, the European Investment Bank financed 25% of the total cost of the project. The Tafila Wind Project is the first private wind project to reach financial close in...

    • 2016
    • World Bank Group (WBG), African Development Bank (AfDB)

    Kenya: Thika Power

    Multilateral Development Banks’ Collaboration: Infrastructure Investment Project Briefs

    In Kenya, where only 25 percent of the population has access to electricity, the African Development Bank (AfDB) and the World Bank Group are supporting the government’s Least Cost Power Development Plan, which calls for an increase in the number of independent power producers (IPPs) and a more diversified energy mix. The program benefits from a combination of financing from the AfDB, guarantees from IDA, financing from IFC, and guarantees from MIGA. These instruments are playing an important role in increasing investor confidence and mobilizing the long-term financing needed to construct power plants. The Thika power plant was the first plant to be commissioned under the plan.

    • 2017
    • Inter-American Development Bank (IDB), World Bank Group (WBG)

    Mexico: CMSA Manzanillo Port Terminal

    PPP Briefs

    The CMSA Manzanillo Port Terminal Project will add urgently-needed capacity to Mexico’s largest container port, which serves the two largest population centers and manufacturing regions of Mexico (Mexico City and Guadalajara). The project is intended to improve port productivity, thereby easing congestion and lowering transportation costs. The World Bank Group’s International Finance Corporation (IFC) and the Inter-American Development Bank (IDB) jointly provided $260 million in financing for this project.

    • 2017
    • European Investment Bank (EIB), African Development Bank (AfDB), World Bank Group (WBG)

    Morocco: Noor Ouarzazate Concentrated Solar Power Complex

    PPP Briefs

    The Noor II and III Concentrated Solar Power Plants of Ourzazate signal progress in Morocco’s commitment to increase its share of renewable energy generation from its current rate of 28 percent to 52 percent by 2030. Both projects are part of the Noor Concentrated Solar Power Complex, which will generate power for more than 1.1 million Moroccans by 2018 and reduce greenhouse gas emissions by approximately 690,000 tons of CO2 equivalent per year. The African Development Bank (AfDB), the European Investment Bank (EIB), the World Bank’s International Bank for Reconstruction and Development (IBRD), the Kreditanstalt für Wiederaufbau (KFW), the French Development Agency (AFD), the Union and the Clean Technology Fund (CTF), and other...

    • 2017
    • World Bank Group (WBG), Asian Development Bank (ADB)

    Myanmar: Ooredoo 3G Network Financing

    PPP Briefs

    Myanmar emerged from nearly 50 years of military rule to become one of Asia’s newest democracies. It launched a broad reform effort, including its telecommunications, for which it needed significant external investment. Following a successful competitive bid, the government awarded Ooredoo Myanmar (OML) one of two mobile telecom licenses. After securing $150 million loans from the Asian Development Bank (ADB) and the International Finance Corporation (IFC), OML aims to reach 90 percent of the population, and has already experienced significant penetration in urban and rural areas.

    • 2017
    • World Bank Group (WBG)

    Nigeria: The Azura-Edo Independent Power Plant

    PPP Briefs

    Nigeria has long suffered from a shortage of electricity, a problem the Federal Government of Nigeria (FGN) began to tackle with comprehensive power sector reforms in 2010. The World Bank Group (WBG) responded by providing support for reforms and private sector investment through its joint Energy Business Plan (EBP) for Nigeria which included an investment in the Azura-Edo Independent Power Plant (Azura IPP). The Azura IPP, financed by International Finance Corporation (IFC) and other development financing institutions as well as private sector lenders, is expected to provide electricity to 14 million residential consumers.

    • 2017
    • Inter-American Development Bank (IDB), World Bank Group (WBG)

    Peru: Metro Lima Line 2

    PPP Briefs

    The Lima Metro Line 2 project is one of the largest infrastructure projects ever done in Peru. It aims to ease traffic congestion in Peru’s capital, a city close to 10 million inhabitants, responsible for 32 percent of the country’s population and 45 percent of its GDP. Strong economic growth over the last decade, rising incomes and a limited public transport network resulted in an almost 30 percent rise in car ownership in the city. The World Bank and the Inter-American Development Bank (IDB) have together provided over a billion dollars for the project through innovative project financing mechanisms.

    • 2013
    • International Finance Corporation (IFC)

    Saudi Arabia: Hajj Airport Terminal

    Public-Private Partnerships Briefs

    The millions of religious pilgrims who visit Makkah and Madinah every year are experiencing better quality services at the Hajj Terminal at Jeddah’s King Abdulaziz International Airport as a result of a concessions awarded by the General Authority of Civil Aviation of the Kingdom of Saudi Arabia (GACA) to expand and modernize the terminal facilities. The concession agreement was signed in December 2006, the construction was completed in September 2010, and the terminal is now fully operational.

    • 2016
    • World Bank Group (WBG), African Development Bank (AfDB)

    Senegal: Dakar Toll Road Extension

    Multilateral Development Banks’ Collaboration: Infrastructure Investment Project Briefs

    The Government of Senegal awarded SENAC S.A. the concession to design, build, finance and operate the expansion of the existing Dakar toll road. This expansion will connect central Dakar with the new international airport as well as to other important economic zones of the country, spurring economic growth, employment and new opportunities that contribute to poverty reduction by facilitating transport between key infrastructure and outlying areas with the capital city. A €76 million debt financing package supported SENAC. The financing was provided by the African Development Bank, CBAO (a major Senegalese commercial bank), IFC and the West African Development Bank. The Multilateral Investment Guarantee Agency (MIGA) is supporting the...

    • 2017
    • European Bank for Reconstruction and Development (EBRD), World Bank Group (WBG)

    Turkey: Elazig Hospital

    The Elazig Hospital PPP Project will increase the access to quality health services for 1.6 million people in Eastern Anatolia. The project is part of the government of Turkey’s ambitious Health PPP Program that aims to build around 30 health campuses, and by doing so, increase the access and quality of secondary and tertiary levels health services in the country. The European Bank for Reconstruction and Development (EBRD), the World Bank Group’s International Finance Corporation (IFC) and Multilateral Investment Guarantee Agency (MIGA) and other development finance institutions are jointly providing financial support to this project.

    • 2016
    • European Bank for Reconstruction and Development (EBRD), World Bank Group (WBG)

    Turkey: Etlik Hospital

    Multilateral Development Banks’ Collaboration: Infrastructure Investment Project Briefs

    The rising demand and cost for health service delivery in Turkey is straining the national health system. In Turkey, health delivery systems are primarily government controlled, with public hospitals accounting for the largest percentage of overall healthcare spending. These public hospitals are as expensive as they are central to national healthcare delivery, and thus it is in the government’s best interest to optimize their efficiency and efficacy.  To address these concerns, the European Bank for Reconstruction and Development (EBRD), the International Finance Corporation (IFC), and the Black Sea Trade Development Bank (BSTDB) helped the Etlik project reach financial close in mid-2015. It is among the first hospital PPPs to reach...