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Washington, August 6, 2012
—IFC, a member of the World Bank Group, and
Infrastructure Journal
, with funding support from the Public-Private Infrastructure Advisory Facility, are seeking nominations for
Emerging Partnerships
, an upcoming publication that will showcase 40 infrastructure projects at the forefront of public-private partnerships in emerging markets.
Through the publication, IFC and
Infrastructure Journal
aim to provide a definitive account of ground-breaking public-private partnerships that have set new standards for creating and financing critical infrastructure projects, and promote growth and poverty reduction in developing countries.
“The private sector and governments have successfully partnered in emerging markets to help solve the deepest challenges in ensuring efficient provision of services, particularly to the poorest segments of the population,” said Vipul Bhagat, Acting Director of IFC Advisory Services in Public-Private Partnerships. “This publication will celebrate these successes and share lessons learned.”
John Kjorstad, Editor of
Infrastructure Journal
, said: “Public-private partnerships are an effective tool for bringing private capital into public infrastructure. Sadly, the markets most in need of infrastructure find it the most difficult to finance it. By working with IFC, we’re aiming to highlight successful partnerships in emerging markets which, hopefully, can be replicated the world over.”
A group of distinguished independent judges will select the final 40 projects based on financial and technological innovation, developmental vision, replicability, and impact on the population. The selected projects will be published later this year in
Emerging Partnerships
.
“Submissions from a wide range of players in the infrastructure and PPP fields will enable the dissemination of innovative project structures and financing schemes,” said Adriana de Aguinaga, PPIAF Program Manager. “This will contribute to the discussion on how best to provide much-needed infrastructure services in developing countries.”
The deadline for submission nominations is August 24, 2012.
To qualify, nominated projects must be based in emerging-market countries, have been awarded under a public-private-partnership structure, and financed within the past five years. Entry forms and nomination criteria are available at
www.emerging-partnerships.com
.
About IFC
IFC, a member of the World Bank Group, is the largest global development institution focused exclusively on the private sector. We help developing countries achieve sustainable growth by financing investment, mobilizing capital in international financial markets, and providing advisory services to businesses and governments. In FY12, our investments reached an all-time high of more than $20 billion, leveraging the power of the private sector to create jobs, spark innovation, and tackle the world’s most pressing development challenges. For more information, visit
http://www.ifc.org
.
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About
Infrastructure Journal
Infrastructure Journal
is a global news and data service provider supporting industry professionals active in the development and financing of global infrastructure. IJ’s daily news delivers a concise, accurate snapshot, keeping subscribers in tune with industry developments and potential new sources of work. For more information, visit
www.ijonline.com
.
About PPIAF
The Public-Private Infrastructure Advisory Facility is a multidonor technical assistance facility aimed at helping developing countries improve the quality of their infrastructure through private sector involvement. For more information, visit
www.ppiaf.org
.
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