Toward better infrastructure [electronic resource] : conditions, constraints, and opportunities in financing public-private partnerships in select African countries / Riham Shendy, Zachary Kaplan, Peter Mousley.
Imprint
Washington D.C. : International Bank for Reconstruction and Development/World Bank, 2011.
"This report was produced at the request of the Government of Ghana (GOG) under the leadership of the Project Finance and Analysis (PFA) Unit of the Public Investment Department (PID) of the Ministry of Finance and Economic Planning (MOFEP) and with support from the World Bank and Public Private Infrastructure Advisory Facility (PPIAF)"--Acknowledgements.
Bibliography
Includes bibliographical references.
Contents
Background: Current status of PPP markets in selected countries. This report -- Sources of financing: Sources of local financing for PPP projects. Local commercial banks. Pension funds. Insurance funds. Local capital market -- Sources of international financing for PPP projects: International commercial banks. Private infrastructure funds. Donor infrastructure funds. Sovereign wealth funds and other public entities -- The legislative and institutional framework -- A well-structured PPP pipeline -- Risk allocation and fiscal management of PPPs -- Medium-term options for PPP financing: Tackling high upfront capital costs. Longer-term local debt financing. Risk mitigation guarantee products. PPP market failures deriving from country size and cross-border infrastructure financing constraints -- Recommendations: Developing long-term financing for infrastructure. Strengthening other aspects of a strong enabling environment.
Reproduction
Electronic reproduction. Ann Arbor, MI : ProQuest, 2015. Available via World Wide Web. Access may be limited to ProQuest affiliated libraries.
