Tashkent, Uzbekistan, December 19, 2018—
IFC, a member of the World Bank Group, is working with policymakers to help meet Uzbekistan’ ambitious development agenda by increasing the government’s exposure to different infrastructure procurement methods, including public-private partnerships (PPPs).
IFC, jointly with the Ministry of Finance’s PPP Agency, is launching a series of capacity-building activities, including a Certified PPP Professional (CP3P) Foundation Level training and exam for government officials from the agency and line ministries. The introductory two-day training brings together about 30 participants build their knowledge of PPPs to support the government in managing and delivering critical infrastructure projects that leverage private sector expertise and investment.
“Uzbekistan is working to build support for greater private participation in the country’s development through sustainable PPP models as part of our overall growth framework,” said Borikhon G
à
nikhodjaev, Deputy Head of the PPP Agency. “We are pleased to partner with IFC to introduce our public servants to PPPs and international best practice in this field.”
The CP3P certification program is an initiative of a group of development finance institutions, comprising the Asian Development Bank, the European Bank for Reconstruction and Development, the Inter-American Development Bank, the Islamic Development Bank, the Multilateral Investment Fund, and the World Bank Group. It enables professionals in infrastructure sectors around the world to have a common language for structuring and managing PPP projects.
The second training will be held in February 2019, followed by an internationally recognized exam. IFC will also organize sector-specific trainings covering PPPs in aviation, healthcare and power in January.
Zafar Khashimov, IFC Country Officer for Uzbekistan, said: “This initiative is part of IFC’s support for the Uzbek government’s ongoing reforms to increase the role of the private sector in the economy. We are bringing our global experience to help identify, structure, and tender PPP projects transparently and competitively, and support government priorities across a number of infrastructure and social sectors.”
As a transaction advisor, IFC is currently helping the government of Uzbekistan structure a PPP to mobilize private sector experience and capital for the financing, construction and operation of a 100-megawatt solar plant. IFC is also advising on a PPP to attract private investors to finance, equip, maintain, and operate several hemodialysis centers throughout the country.
About IFC
IFC—a sister organization of the World Bank and member of the World Bank Group—is the largest global development institution focused on the private sector in emerging markets. We work with more than 2,000 businesses worldwide, using our capital, expertise, and influence to create markets and opportunities in the toughest areas of the world. In fiscal year 2018, we delivered more than $23 billion in long-term financing for developing countries, leveraging the power of the private sector to end extreme poverty and boost shared prosperity. For more information, visit
www.ifc.org
.
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