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21

Table 3: List of study guiding questions

Elements of the

conceptual framework

Guiding questions identified by COMCEC

Topics of analysis under the elements of the conceptual

framework

Policy

recommendation

measures

1.

Strategy and policy

Political support and

strategies

Legal provisions

Institutional

arrangements

Investment attraction

Evaluate the degree of political support for PPP

projects i.e. how national plans, programs,

sectoral strategies, economic policy papers, etc.

address infrastructure privatizations in general

and transport PPP projects

Explore

the

division

of

duties

and

responsibilities among relevant governmental

agencies to reduce the risks and uncertainties

regarding the PPP projects

Evaluate the legal framework regarding

transport PPP projects.

Identify facilitators and barriers to involve and

attract private investors and receive support

from multilateral and national banks

Understand the extent of the foreign

participation in the projects, and examine the

use of Islamic finance in the transport PPP

projects in particular in OIC Member Countries

Address how the private sector evaluates the

current state and perspectives of PPP projects in

a specific context

Political support and strategies

: What is the degree of

political support for infrastructure privatization in general and

transport PPP projects in terms of national plans, programs,

sectoral strategies, economic policy papers, etc.?

Legal provisions

: What are the pros and cons of the legal

framework regarding risk management of transport PPP

projects? Which specific regulations are needed to make

private sector participation possible and effective?

Institutional

arrangements

:

Which

administration

units/agencies are tasked with risk identification and

assessment in transport PPPs? What are their main activities

to address risks and uncertainties regarding transport PPPs?

Investment attraction

: What are the main drivers and

barriers for the attraction of public investment and to receive

the support of multilateral and national banks? What is the

degree of foreign participation in PPP transport projects?What

is the contribution of Islamic finance in transport PPPs?

Political measures

Institutional and

organizational

measures

Legislative

measures

Capacity-building