Proceedings of the 14th Meeting of the
Transport and Communications Working Group
11
in less developed countries, as the assessment needs to be carried out on a case-by-case basis,
taking into account context- and project-specific considerations.
Question: How should the optimum risk-sharing be achieved?
Answer: For the achievement of an optimum risk-sharing among the public and private parties,
specific economic assessments at the project level can be particularly useful, on which wide
literature already exists. As an example, VfM assessments based on well-identified risk
allocations can provide indications on the way to achieve the highest VfM by appropriately
allocating risks. In addition, to achieve an optimum risk sharing, it may be important to take into
consideration the need for a balance between benefits for society and the return for the private
investor.
In conclusion, Ms. PANCOTTI expressed agreement with an observation put forward by a
representative of the OIC Member Countries, who stated that for certain transport PPP projects
it could be appropriate to grant some degree of freedom of intervention to the private operators
(particularly in relation to unsolicited proposals), as long as there is an adequate regulatory and
legislative framework in place. As a final remark, the consultant noted that globally a decreasing
trend for unsolicited proposals in PPPs has been observed, but that at the same time there is an
increasing awareness in public authorities of the need to regulate such proposals. Current
Situation of the OIC Member Countries in terms of Risk Management in Transport PPP Projects
and the Lessons Learnt from the Selected Case Studies.
4. Current Situation of the OIC Member Countries in terms of Risk Management in
Transport PPP Projects and the Lessons Learnt from the Selected Case Studies
Mr. Roberto ZANI, director at Tplan and co-author of the research report delivered his
presentation with a focus on the status of risk management practices of transport PPP projects
in OIC Member Countries and lessons learned from six case studies. At the outset, he presented
the results of the desk research and country visits conducted as part of the research.
Selection of the case studies and methodological background
Mr. ZANI started his presentation providing an overview of the approach adopted for the
identification and selection of the six OIC Member Countries subject of case study analysis and
the methodology used to perform the research.
 The identification and selection of the countries for case study analysis were based on the
information encoded in theWorld Bank’s database on Private Participation in Infrastructure.
According to the total number of projects included in the database, out of the 57 OIC Member
Countries, only 14 registers a number fo PPPs in the transport sector equal or higher to 5. 21