Risk Management in Transport PPP Projects
In the Islamic Countries
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Council secretariat is provided by the National Agency of Investment Development
(Agence Nationale de Développement de l’Investissement – ANDI). Supervised by the
National Investment Council, the Board of Directors of the Agency consists of
representatives of the Ministry of Industry and Mines, other relevant Ministries and
Agencies, the Bank of Algeria, Algerian Chamber of Commerce and Industry and the
main organizations of job-creating industries. The Agency provides support to
companies incorporated in Algeria that make investments in the manufacturing and
services sectors. Companies in the upstream sectors of the economy, such as
hydrocarbons, and foreign companies in EPC (Engineering, Procurement and
Construction: Engineering, Procurement and Construction) appear to be excluded
from this support (JICA, 2018);
o The National Development Equipment Fund (Caisse Nationale d’Equipement pour
le Développement – CNED), is a technical body responsible for the ex-ante appraisal,
implementation monitoring and ex-post assessment of major projects in Algeria.
Under control of the Ministry of Finance, CNED has the overall objective of increasing
the efficiency of the capital expenditure of the state, improving the process of
evaluation, implementation and follow-up of major economic and social infrastructure
projects, requiring the mobilization significant financial and human resources, as well
as diversifying the sources of financing of the projects and optimizing their cost of
financing. CNED is structured into 5 different directorates:
 The Methods Directorate (Direction des Méthodes), responsible for: a)
Developing, disseminating and promoting evaluation andmonitoring tools for the
implementation of major projects, in collaboration with the line Ministries and
concerned project promoters; b) Organising training sessions and advanced
training courses for the staff of the Fund, the lineMinistries and concerned project
promoters; c) Collecting and analyzing the studies and works carried out by the
Fund, sector studies and master plans of major public infrastructures prepared
by the line Ministries, as well as additional related studies carried out by the
public administration, or other stakeholders; d) Elaborating quarterly and annual
activity reports of the Fund;
 The Directorate of Project Studies Appraisal (Direction de la Revue des Etudes
des Projets), responsible for: a) Checking the coherence of the project concept, as
elaborated by responsible line Ministries and other project promoters, with
national and sectoral development programs and strategies; b) Appraising the
pre-feasibility study of the project, prepared by the procuring authority, and
ensuring the conformity of its content with the requirements of the project
preparation guidelines for major projects (Guide de maturation des grands
projets d’infrastructure économique et sociale); c) Appraising the content of the
feasibility studies of the projects, including their impact on public finances and
aspects related to their implementation scheme, and ensure that the study has
been conducted by the procuring authority in accordance with the requirements
of the project preparation guidelines, also taking into account the
recommendations issued by the Fund following the examination of the pre-