Opening remarks by Ashok Lavasa, ADB Vice President for Private Sector Operations and Public–Private Partnerships, at the opening session for Regional Workshop for PPP Development Agencies, 19 May 2022
Good morning, Dear Distinguished Guests,
Mr. Isakov, Ms. Sedef Noyan,
Ladies and Gentlemen,
It is a great pleasure and honor for me to open the first Regional PPP workshop for the heads of PPP centers and government officials from the Central and West Asia Region. My name is Ashok Lavasa. I am the ADB Vice-President responsible for Private Sector Operations and Public-Private Partnerships.
As you are aware, ADB’s PPP operations are based on four pillars: (i) advocacy and capacity development, (ii) enabling environment, (iii) project development, and (iv) project financing. The objective of this workshop is to provide you information on the important aspects The workshop will also be used as an opportunity for ADB to present examples of ADB transaction support to PPP projects in the Central and West Asia region and Uzbekistan in particular.
We have chosen Tashkent as the venue for the first regional PPP workshop for a reason. The PPP program in Uzbekistan has delivered truly remarkable results and can be used as an example to other countries in the region. The PPP program in Uzbekistan has quickly gone from a start-up phase to become one of the most active and impressive PPP programs in the emerging markets.
Within 3 years of the launch of the PPP program, the Government of Uzbekistan has signed 20 large- and medium-sized PPP projects, with individual capital values of $10 million or higher and with the total value of about $8 billion. Another 5 large- and medium-sized projects, valued around $1.7 billion, are being brought to the global markets with the support provided by ADB and other International Financial Institutions. Taking this opportunity, I would like to congratulate the Government of Uzbekistan for these impressive achievements and hope that these will inspire other governments.
We have also invited Ms. Sedef Noyan, Head of the PPP Department in the Strategy and Budget Office of Presidency of the Republic of Turkey, so that she can share with you the ingredients that paved the way for the success of the PPP development program in Turkey, which is equally impressive and covers many more sectors.
I would also like to welcome you to the International Roundtable on PPPs, which will be held tomorrow. The Roundtable is jointly organized by the Government of Uzbekistan and ADB with good participation from the European Bank for Reconstruction and Development (EBRD), the World Bank Group (WBG), and the Islamic Development Bank (IsDB).
I hope that this workshop and the roundtable tomorrow will help you assist your respective governments to identify, structure and implement credible, bankable and fiscally-responsible PPP projects, that can introduce private sector efficiency gains in the delivery of infrastructure services, and to successfully bring these projects to the global markets.
The workshop is also intended as an opportunity for you to meet each other and share your experiences with the development of PPP projects in your respective countries and create grounds for future partnerships. I hope that you will find the workshop both informative and enjoyable.