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Central Asia Monitoring Uzbekistan

IFC helps Uzbekistan with structuring and managing PPP projects

IFC, a member of the World Bank Group, works with politicians to help implement Uzbekistan’s ambitious development program, increasing government exposure to various infrastructure procurement methods, including public-private partnerships (PPPs).

IFC, together with the PPP Agency of the Ministry of Finance, is launching a series of capacity building activities, including certified PPP training (CP3P) and an exam for government officials from the PPP Agency and line ministries. The introductory two-day training gathers about 30 participants to enhance their knowledge of PPPs to help the government manage and implement a critical infrastructure project that uses the experience and investment of the private sector.

The CP3P certification program is an innovation of the Asian Development Bank (ADB), the European Bank for Reconstruction and Development (EBRD), the Inter-American Development Bank (IDB), the Islamic Development Bank (IDB), the Multilateral Investment Fund (MIF) and the World Bank Group (WBG). This allows professionals in infrastructure segments around the world to have a common language for structuring and managing PPP projects.

It is expected that the second training will take place in February 2019, after which the exam will be held, recognized throughout the world. In addition, in January, the IFC will organize industry-specific trainings on PPP in aviation, health care and energy.

“Uzbekistan is working to build support for broader private sector participation in the development of the country through sustainable PPP models as part of our overall growth structure,” said Borikhon Ganikhodzhayev, deputy head of the PPP Agency. “We are pleased to work with the IFC to acquaint our government officials with PPPs and international best practices in this area.”

Zafar Khashimov, a country representative of the IFC in Uzbekistan, said: “This initiative is part of the IFC’s support for the government’s ongoing reforms aimed at increasing the role of the private sector in the economy. We bring our global experience in PPP to help identify, structure, and offer PPP projects on a transparent and competitive basis that support government priorities in a number of infrastructure and social sectors. ”

As a transaction consultant, IFC is helping the government of Uzbekistan to structure PPPs to mobilize the experience and capital of the private sector to finance, build and operate a 100 megawatt solar power plant. IFC also advises on PPP issues to attract private investors to finance, equip, maintain and operate several hemodialysis centers throughout the country.

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