Using select priority projects in two or three intermediary cities as demonstration projects, the proposed policy and advisory technical assistance (TA) will help develop a well-documented and structured menu or range of private sector participation and financing options/modalities. The recommendations will suggest methods to utilize the country's large pool of capital held by local pension funds, the National Oil Fund and other investors more efficiently for urban infrastructure development. The related policy, legal and regulatory gaps arising from the assessments of these projects, but with wider sectorial implications, will also be identified. The TA will include two parts: suggested policy improvements to make urban infrastructure investments less risky and therefore more attractive to private sector participation, and initial assessments of alternative approaches and financing modalities for the select priority projects.
Latest Project Documents
|Alternative Urban Infrastructure Financing Modalities||May 2013|
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