Risk Management in Transport PPP Projects
In the Islamic Countries
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the responsibility of the Ministry of Transport and Communication, that
supervises CFM, the state owned company owner of the port and railway
infrastructure. More entities may however be involved in the management of
transport PPP concessions, further to the line Ministries and depending on the
circumstances. The Ministry of Industry and Commerce has for instance
represented the Mozambican government in the recent negotiations for the
extension of the Beira Port Concession, due a possible conflict of interest of the
Minister of Transport and Communications for his family private interests in the
Cornelder firm, i.e. the concessionary company of the Beira Port project40.
As of the control and supervision duties by the Ministry of Economy and Finance, this is
currently performed by the Fiscal Risk Unit (Gabinete de Gestão do Risco), which is a unit
established in 2015 with the following institutional functions:
 Conducting analysis of financial, fiscal and other risks to the national economy;
 Analyzing the vulnerability of the national financial system;
 Proposing preventive and corrective measures on the potential risks to the national
economy;
 Preparing and monitoring the Fiscal Map;
 Conducting financial risk analysis on Public-Private Partnership ventures, large-scale
projects and other business concessions;
 Monitoring the evolution of the government debt portfolio, external financing, government
contingent liabilities, including guarantees, Public-Private Partnerships and business
concessions;
 Assessing the sensitivity of fiscal results to key macroeconomic variables;
 Monitoring the economic performance of state-owned and state-owned enterprises;
 Monitoring the risks of public enterprises and the state business sector;
 Consolidating and critically analyzing budget projections;
 Contributing to the improvement of the macroeconomic and budgetary projections;
 Monitoring long-term social policies for social security;
 Ensuring compliance with rules, procedures and deadlines regarding the attributions of
the Ministry's organic units;
 Ensuring the implementation of organizational and operational policies attached to the
Minister who oversees the area of Finance;
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