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Risk Management in Transport PPP Projects

In the Islamic Countries

93

Figure 5: National Development Plan 2016-2020: PPPs investments by responsible authority

and sector

Source: Own elaboration based on CNP-PPP Advisory Group.

Also, at the national level, the commitment to PPPs as one of the leverages to achieve a

sustainable solid economic and social development of the country is confirmed by the

arrangements of the financial programs supported by the IMF. In fact, following a request for

emergency post-conflict assistance dated 2007, in 2009 Côte d’Ivoire entered in a first three-

year arrangement with the IMF, which later evolved in two support programs still ongoing

under the Extended Credit Facility (ECF) and the Extended Fund Facility (EFF). In such

programs, PPPs are considered an

opportunity to bridge the country’s infrastructure gap

,

considering the existing financing constraints, and supporting the implementation of NDP’s

objectives (IMF, 2019).

The political support to PPPs is also confirmed at the local level, especially for the development

of the Abidjan metropolitan area. The 2015

Urban Master Plan in Greater Abidjan

(

Schema

Directeur d’Urbanisme du Grand Abidjan,

SDUGA) aims to elaborate a development plan for

Greater Abidjan by 2030 with a view to sustainable development coherently with national

reference documents for socio-economic and territorial development. The plan has two major

components: urban planning and transportation planning. As part of the measures for the

implementation of the plan, PPP is identified as a strategic resource for financing the

development of the urban transport infrastructure, especially for the high-capacity public

transport corridors, for which BRT and Metro schemes are proposed. The plan also provides a

planning-level analysis of financial suitability of PPPmethods and critical review of the potential

patronage and farebox coverage ratios (JICA, 2015).