Proceedings of the 14th Meeting of the
Transport and Communications Working Group
35
 Taking risks in a planned way to save time
After outlining the possible risks and mitigants during the operation and maintenance periods
of the projects as well as financial sustainability of the projects, Mr. KOÇAR outlined the private
sector expectations as more collaboration between the public and private parties in
understanding the key risks, establishing an effective risk allocation framework, and adopting
the most effective risk management and mitigation strategies.
At the end of the presentation, Mr. KOÇAR briefly listed the main factors for the successful
implementation of a PPP on the public side as followings;
 Legal and regulatory readiness
 Pre-tender (decision-making process) preparation studies
 Clearly defined roles and responsibilities
 Fairly addressed the risk-sharing mechanism
 Preparation of risk management guidelines
9. Closing Remarks
The Meeting ended with closing remarks of Mr. Selçuik KOÇ, Director at the COMCEC
Coordination Office. He thanked all the representatives for their attendance and precious
contributions. Mr. KOÇ informed the participants that the 15th Meeting of the COMCEC Transport
and Communications Working Group will be held in March 2020 in Ankara with the theme of
“Pricing of Transport Infrastructure in the OIC Member Countries”. He stated that a research
report is also being prepared on this theme and will be shared with the focal points and other
participants in advance of the meeting.
Finally, he brought the participants’attention that the policy recommendations formulated by the
delegations during this working group meeting will be submitted to the kind consideration of the
Ministers during the 35th COMCEC Session.
H.E. FATHIMATH, the Chairman of the Meeting, also thanked all the participants for their
participatory attitudes and contributions.
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