Proceedings of the 14th Meeting of the
Transport and Communications Working Group
32
8. Private Sector’s/International Organizations’ Perspectives
a. IsDB: "Transport Infrastructure Development: IsDB Group’s Experiences
Regarding Risk Management in Transport PPP Projects”
Mr. Ali Rıza KAYAR, Project Management Specialist, IDB Group delivered a presentation with the
theme “Transport Infrastructure Development: IsDB Group’s Experiences Regarding Risk
Management in Transport PPP Projects”.
At the beginning of the presentation, Mr. KAYAR outlined the IsDB Group activities and priority
areas in terms of the development of the OIC Member Countries. He mentioned that IsDB Group
has a mission to promote comprehensive human development with a focus on the priority areas
of alleviating poverty, improving health, promoting education, improving governance and
prospering the people. Under its Ten-Year Strategy, IsDB Group aims to become a preferred
partner for Member Countries (MCs) economic and social development, a strong catalyst for
South-South cooperation and a leading authority in Islamic Finance. It endeavors to realize the
strategic objectives through cooperation in Economic & Social Infrastructure, private sector
development, inclusive social development, cooperation amongMCs and development of Islamic
Finance. IsDB has adopted a new business model under the President's Five Year Program to
empower people for a sustainable future through a focus on driving Innovations, Partnerships,
Islamic Finance and support for Value Chains.
Furthermore, he mentioned that since inception, IsDB Group has cumulative approvals of
around USD 138 billion including USD 72 billion of trade financing and USD 61 billion of project
financing. As for the IsDB’s financing from Ordinary Capital Resources of USD 57 billion, major
sectors of support include infrastructure (71%) followed by human development (13%) and
agriculture (12%). The aggregate business insured by our insurance arm, the Islamic
Corporation for the Insurance of Investment and Export Credit (ICIEC) is US$52.8 billion.
After giving the definition of the PPP, Mr. KAYAR listed the benefits of the PPP initiatives as
followings;
 Increasing transparency
 Improving service delivery
 Reducing construction time and costs
 Ensuring regular maintenance
 Lack of a robust regulatory framework
 Providing better value for money
Then he listed the general requirements fort he PPPs as followings;