The International Finance Corporation (IFC), a member of the World Bank Group, has disclosed that it is working with policymakers to increase the government of Uzbekistan’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.
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.
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 MW 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.