|
Consultancy Services to establish PPP program in Jordan |
|
|
|
|
Country: Jordan Client: Government of the Hashemite Kingdom of Jordan, Executive Privatization Commission Financing Agency: World Bank, International Bank for Reconstruction and Development (IBRD) Years: 2007-2009 Detailed Narrative Description of the Project: Based on the World Bank's most recent Country Assistance Strategy (CAS) for Jordan, PPPs were identified as a priority need. The CAS and other studies identified a number of critical elements that need to be addressed if Jordan is to have a successful PPP Program. The overall objective of ECORYS is to assist in the design and development of a fully-functioning PPP program. Specific objectives are: - The creation of a Financial Entity that deals with capital market failure;
- Setting up an appropriate institutional arrangement to perform a variety of tasks which may include project identification, project analysis, bidding and negotiations;
- Coordinating among key Government of the Hashemite Kingdom of Jordan participants, mainly key ministries, regulators and policy setters;
- Establishing a potential PPP pipeline.
Description of Services provided by ECORYS: ECORYS is working to deliver the following outputs, which should be sufficient for initial implementation of a PPP program with a strong likelihood for success: - Design and structuring of a financial entity design for dealing with PPP project finance matters;
- Recommendations with regard to PPP Project Eligibility and Selection Process;
- Design and capacity assignment for a centralised Entity for Project Preparation and Monitoring of PPPs;
- Analyses of other key factors and conditions relating to the successful implementation of Jordan’s PPP program.
|