Risk Management in Transport PPP Projects
In the Islamic Countries
186
Figure 7: PPP unit – Organizational chart
Source: PPP unit.
Investment attraction
By ensuring a consistent approach to PPPs across different economic sectors as well as
streamlined procedures, the establishment of the PPP unit can represent an increase in the
country’s attractivity for private investors. However, as already mentioned, the PPP unit does
not directly engage in investment attraction activities.
The private partner has the responsibility to provide the necessary funds contributing to the
delivery of the project. Over the years and across sectors, the government of Jordan has proved
to be a reliable partner in PPPs, timely delivering its payments. This reliability is a major factor
contributing to Jordan’s attractiveness for private investments.
In addition, well-established cooperation between Jordan and international organizations
and IFIs on PPP issues as well as continued donor support have strengthened Jordan’s PPP
framework and finances, thus enhancing the country’s appeal for foreign investors, especially
crucial at times of slowing economic growth (in 2016 and 2017, GDP has grown by 2%, a rate
which had not been that low since the 1990s). In fact, Jordan has had collaborations in place
with a number of development partners, multilateral banks and IFIs: support is provided by
World Bank, IFC, Islamic Development Bank (IsDB), EBRD and EU, as well as through bilateral
agreements with development agencies from France (ADF), the United States (USAID), Germany