Proceedings of the 14th Meeting of the
Transport and Communications Working Group
4
Answer: The COMCEC Project Funding mechanism is a useful instrument to assist member
countries to materialize the recommendations of the research reports and outlooks prepared by
the COMCEC Coordination Office (CCO). Establishment of connection between the project
purpose and one of the relevant policy recommendations articulated in the research reports is
a prerequisite for submitting a project to the CCO within the framework of the COMCEC Project
Funding mechanism.
3. Conceptual Framework for Risk Management in Transport PPP Projects and
Global Trends
Ms. Chiara PANCOTTI (CSIL – Centre for Industrial Studies) and Mr. Matteo PEDRALLI (CSIL)
presented the main findings of the research study on “Risk Management in Transport Public-
Private Partnership Projects in the OIC Member Countries” (prepared jointly by Tplan and CSIL
– Centre for Industrial Studies). The presentation focused on the following aspects: 1) the
study’s methodology; 2) main evidence from the literature on risk management in transport
PPPs; 3) the study’s conceptual framework; 4) the identified global trends.
The methodology of the study
Ms. Chiara PANCOTTI presented the study’s methodology. The work was overall structured in
four tasks. Task 1 consisted of the preparation of a conceptual framework, based on an extensive
literature review. Task 2 included the discussion of global trends and of successful risk
management practices in transport PPPs outside the OIC geography, based on literature review
complemented with interviews with representatives of multilateral institutions. Task 3 covered
the in-depth assessment of risk management in transport PPPs in 6 selected OIC countries. For
this task, country-specific literature reviews and desk research was carried out. Field missions
were performed for 3 case studies (Côte d’Ivoire, Jordan, and Turkey). Finally, under Task 4,
policy recommendations were developed, based on a horizontal reading of the case studies’
findings and on success factors emerging from the analysis of international good practices.
Evidence from the literature on risk management in transport PPPs
In light of their relevance for the whole study, six key messages from the literature review were
highlighted by Ms. Pancotti:
 Practical risk management strategies tend to be project and context-specific and
standardization is difficult;
 The nature of PPP risks is dynamic, as it varies over the project cycle and over time;
 Decisions by a stakeholder to retain, reduce or transfer certain risks in one phase of the
project cycle will affect risk exposure and risk management options in successive
phases;