Tunis, Tunisia, December 14, 2016
—IFC, a member of the World Bank Group, has signed a Memorandum of Understanding with the Tunisian government to help develop pilot public-private partnership (PPP) infrastructure projects and boost private sector participation in the country.
In line with the government’s objectives and its new PPP law, IFC will help the country develop PPP projects in priority sectors, including power, transport, and water. IFC will bring its global expertise in designing and structuring PPPs to ensure the projects are well balanced and sustainable.
To meet the increasing demand for infrastructure services, the government also organized an international investor conference in November to help leverage private sector investments in line with its public financing plans.
“We are pleased to sign this agreement with the Government of Tunisia. By creating the appropriate structures, the government can attract needed capital for infrastructure to expand services more quickly, said Mouayed Makhlouf, IFC Director for the Middle East and North Africa. “IFC is pleased to assist the government as it launches PPP program. We will bring our global experience in advising and structuring PPPs to ensure that projects are well balanced and sustainable.”
The project is part of a wider effort by IFC to improve infrastructure and public services delivery across the Middle East and North Africa by enlisting the support of the private sector.
About IFC
IFC, a member of the World Bank Group, is the largest global development institution focused on the private sector in emerging markets. Working with 2,000 businesses worldwide, we use our six decades of experience to create opportunity where it’s needed most. In FY16, our long-term investments in developing countries rose to nearly $19 billion, leveraging our capital, expertise and influence to help the private sector end extreme poverty and boost shared prosperity. For more information, visit
www.ifc.org
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