Proceedings of the 14
th
Meeting of the
Transport and Communications Working Group
33
The transparent bidding process for the concession agreement part
Experienced Sponsors
Reputed consultants working for the Banks (flexible procurement)
Risk mitigation
Adequate risk allocation between the Public Entity, the Private Entity, and the Banks.
Concerning the involvement of IsDB in PPP initiatives, he said that to date IsDB has had 57
number of transactions with 20 member countries and 4,3 billion USD total approvals. He said
that the transport sector constitutes 9 percentage of total involvement.
After giving some information about how the risk management issues were handled by the IsDB
in Queen Alia Airport Transaction Structure Project and Dakar Airport Project, Mr. KAYAR listed
the lessons learned as followings;
PPP Advisory & Project Preparation Services help to structure.
MDBs involvement facilitates mobilization of commercial funding.
Experienced and strong project sponsors reinforces implementation.
Collaboration of project parties is essential in large scale projects.
Best practices should be adopted in all aspects of the project management including
environmental and social fronts.
b.
Association of Turkish Consulting Engineers and Architects (TMMOB): "Private
Sector Perspective on Risk Management in Transport PPP Projects"
Mr. Halil AGAH, Secretary-General, Association of Turkish Consulting Engineers and Architects
(TMMOB), made a presentation with the theme “Private Sector Perspective on Risk Management
in Transport PPP Projects: Challenges and Lessons Learned”.
At the beginning of his presentation, Mr. AGAH highlighted the definition of the PPPs. Then he
said that over the past decades, developing countries have experienced significant economic
growth, which has also been supported by the expansion and modernization of energy, ICT,
municipal services, transportation, and health infrastructures. The economic growth of Turkey
has also been coupled with an increase in the use of PPP projects. Over 240 PPP projects have
been implemented within the last 15 years for a total budget volume of nearly USD 140 billion.
After highlighting the number of PPP projects implemented in the field of transportation in
Turkey, Mr. AGAH said that consulting engineers should be involved during all project cycle
management stages to aware of the possible risks. Risk analysis should be done for all parties