DOCSLIB.ORG

Public-Private Partnership in the Middle East North Africa

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Public-Private Partnership in the Middle East North Africa PUBLIC-PRIVATE PARTNERSHIPS IN THE MIDDLE EAST AND NORTH AFRICA IN THE MIDDLE EAST AND NORTH PARTNERSHIPS PUBLIC-PRIVATE PRIVATE SECTOR DEVELOPMENT Handbook This handbook provides an overview of key obstacles Public-Private and policy issues facing the development of Public- Private Partnerships across the Middle East and North Africa region, with a particular focus on the Partnerships in the Middle transport and renewable energy sectors in Egypt, Jordan, Morocco and Tunisia. It is aimed at senior officials and decision-makers in the region and intends East and North Africa to assist them in moving projects forward from a conceptual stage to viable transactions suitable for A Handbook for Policy Makers private-sector and/or international financial institution (IFI) investment. It is the result of research and consultations led by the ISMED Support Programme throughout 2014. Building on OECD instruments and good practices related to PPPs and infrastructure investment, as well as on extensive consultations with : A HANDBOOK FOR POLICY MAKERS partner IFIs and local stakeholders, the Handbook contains recommendations to address some of the obstacles identified as inhibiting the successful completion of PPP programmes. Ms Nicola Ehlermann-Cache Head of the MENA Investment Programme OECD Global Relations Secretariat [email protected] MENA-OECD INVESTMENT PROGRAMME www.oecd.org/mena/investment [email protected] With the financial assistance of the European Union DISCLAIMER: The opinions expressed and arguments employed herein do not necessarily reflect the official views of the OECD or of the governments of its member countries or those of the European Union. This document and any map included herein are without prejudice to the status of or sovereignty over any territory, to the delimitation of international frontiers and boundaries and to the name of any territory, city or area. With the financial assistance of the European Union 1 FOREWORD The infrastructure shortage in developing countries is a major obstacle to improved living standards, enterprise development, and the goals of the United Nations Millennium Declaration. This is especially the case in the Middle East and North Africa (MENA), where infrastructure demand had long been rising due to population growth, rapid urbanisation, and economic expansion, and was further amplified as historic MENA-region transitions pressured governments to increase living standards and improve the business environment. In many countries, the high levels of investment required for infrastructure cannot be financed by the public purse alone, and private investment is therefore an option that governments cannot afford to ignore. Private investment goes beyond mere additional capital to mobilise private sector technological expertise and managerial skills in the public interest. Still, a number of failed public-private partnerships in the infrastructure sector attest to the challenges facing policy makers. Infrastructure investment involves contracts that are by nature complex and of long duration, and that must ensure financial sustainability while meeting user needs and social objectives. The challenges are more acute when foreign investors are involved, as is often the case where the infrastructure project exceeds a certain size. In addition, private infrastructure investment has become increasingly scarce, due to the global economic crisis, commercial bank deleveraging, perceived increased political risk in some countries, and tightened bank prudential regulations. This handbook aims to identify barriers to the successful tendering and completion of Public- Private Partnership (PPP) infrastructure projects in the MENA region, particularly in Egypt, Jordan, Morocco and Tunisia. It is intended to assist government officials, civil service staff and policy makers by providing knowledge and direction to move projects from a conceptual stage to tender and investment (by the private sector or international financial institutions). PPP projects cover a wide range of models of private participation from limited management contracts to full public divestiture. For the purposes of this Handbook, a broad definition of PPP will be adopted that that considers any long-term contractual relationship between a state or state-owned entity (SOE) and a private-sector entity whereby the latter delivers and finances public services using a capital asset, sharing the associated risks, to be a PPP (OECD, 2012, Recommendations of the Council on Principles for Public Governance of Public-Private Partnerships). There are limits to the usefulness of any handbook in a field as complex as PPP project development, where the scope of projects and the range of sectors vary tremendously. It has therefore been drafted with a focus on two sectors: renewable energy and transportation. This document does provide detailed technical advice on infrastructure investment, contract formulation or regulation. Nor does it advocate the privatisation or private management of publicly owned infrastructure. The choice between public and private provision of infrastructure should be guided by an assessment of value-for- money and what best serves the public interest. This handbook will discuss this decision, but is more properly intended to come into play after such a determination has been made in favour of private procurement. What this handbook will do is sensitise policy makers to the challenges of PPPs and better-equip them to take advantage of the opportunity PPP represent. 2 ACKNOWLEDGEMENTS This Handbook, Public-Private Partnerships in the Middle East and North Africa: A Handbook for Policy-Makers, is the result of a collaborative effort that began in December 2013 under the Investment Security in the Mediterranean (ISMED) Support Programme, with the financial assistance of the European Commission. It was developed under the overall guidance of Anthony O’Sullivan, Deputy Director of the Global Relations Secretariat (OECD) and was written and edited by Andrew Fitzpatrick, Véronique Zovaro and Sabri Draia, ISMED Support Programme. Valuable input and material was provided at various stages of drafting by Carlos Conde, Head, MENA Division, Global Relations Secretariat (OECD); Nicola Ehlermann-Cache, Head, MENA- OECD Investment Programme; Marie-Estelle Rey, Senior Advisor, MENA-OECD Investment Programme; Mohamed-Amine Sabibi and Yasmin Rezig, MENA-OECD Investment Programme. The text was reviewed by Carl Dawson, Advisor, Global Relations Secretariat, OECD; Carole Biau, Policy Analyst, Investment Division, Directorate for Enterprise Affairs, OECD; and Ian Hawkesworth, Public Governance and Territorial Development Directorate, OECD. Special thanks to the members of the ISMED Advisory Committee for their constant guidance and support throughout the work of the ISMED Support Programme: Fernando Nino-Page and Jean- Louis Lavroff, European Commission ; Olivier Lambert, Multilateral Investment Guarantee Agency ; Francesco Totaro, European Investment Bank ; Andrea Engel and Lorenzo Nelli-Feroci, International Finance Corporation ; Benoit Mauduit, Agence Française de Développement ; Irina Kravchenko, European Bank for Reconstruction and Development ; Manuel Fernandez-Riveiro, Union for the Mediterranean; Christoph Krieger, KfW; Luigi De Pierris, African Development Bank ; and Hasan M. Mahmud, Islamic Development Bank. The publication was edited and prepared for publication by Vanessa Vallée. 3 TABLE OF CONTENTS FOREWORD ................................................................................................................................ 2 ACKNOWLEDGEMENTS .......................................................................................................... 3 EXECUTIVE SUMMARY ........................................................................................................... 6 ABBREVIATIONS & ACRONYMS ........................................................................................... 8 GLOSSARY ................................................................................................................................ 11 INTRODUCTION ....................................................................................................................... 13 CHAPTER 1: PPP FUNDAMENTALS ..................................................................................... 17 Defining Public-Private Partnerships ....................................................................................... 19 Why procure via PPP: Appropriate reasons to procure by PPP ............................................... 22 Misunderstandings about PPP: Inappropriate reasons to tender via PPP ................................ 25 Requirements for a successful PPP Programme ...................................................................... 29 CHAPTER 2: PPP LEGAL FRAMEWORKS IN FOCUS COUNTRIES ................................. 34 Country Focus: Jordan ............................................................................................................. 35 Country Focus: Morocco ......................................................................................................... 36 Country Focus: Tunisia ............................................................................................................ 37 Country Focus: Egypt .............................................................................................................. 39 CHAPTER 3: BARRIERS APPLICABLE TO PPP PROJECTS IN THE
Load more

Recommended publications
  • June 2021 Indices Des Prix De Détail Relatif Aux Dépenses De La Vie Courante Des Fonctionnaires De L'onu New York = 100, Date D'indice = Juin 2021
    Price indices Indices des prix Retail price indices relating to living expenditures of United Nations Officials New York City = 100, Index date = June 2021 Indices des prix de détail relatif aux dépenses de la vie courante des fonctionnaires de l'ONU New York = 100, Date d'indice = Juin 2021 National currency per US $ Index - Indice Monnaie nationale du $ E.U. Excluding Country or Area Duty Station housing 2 Pays ou Zone Villes-postes Per US$ 1 Currency Total Non compris 1 Cours du $E-U Monnaie l'habitation 2 Afghanistan Kabul 78.070 Afghani 86 93 Albania - Albanie Tirana 98.480 Lek 78 82 Algeria - Algérie Algiers 132.977 Algerian dinar 80 85 Angola Luanda 643.121 Kwanza 84 93 Argentina - Argentine Buenos Aires 94.517 Argentine peso 81 84 Armenia - Arménie Yerevan 518.300 Dram 75 80 Australia - Australie Sydney 1.291 Australian dollar 82 88 Austria - Autriche Vienna 0.820 Euro 91 100 Azerbaijan - Azerbaïdjan Baku 1.695 Azerbaijan manat 81 87 Bahamas Nassau 1.000 Bahamian dollar 100 96 Bahrain - Bahreïn Manama 0.377 Bahraini dinar 83 86 Bangladesh Dhaka 84.735 Taka 81 89 Barbados - Barbade Bridgetown 2.000 Barbados dollar 90 95 Belarus - Bélarus Minsk 2.524 New Belarusian ruble 85 91 Belgium - Belgique Brussels 0.820 Euro 84 92 Belize Belmopan 2.000 Belize dollar 76 80 Benin - Bénin Cotonou 537.714 CFA franc 83 92 Bhutan - Bhoutan Thimpu 72.580 Ngultrum 77 83 Bolivia (Plurinational State of) - Bolivie (État plurinational de) La Paz 6.848 Boliviano 73 80 Bosnia and Herzegovina - Bosnie-Herzégovine Sarajevo 1.603 Convertible mark 73 79 Botswana Gaborone 10.582 Pula 75 83 Brazil - Brésil Brasilia 5.295 Real 71 82 British Virgin Islands - Îles Vierges britanniques Road Town 1.000 US dollar 87 93 Bulgaria - Bulgarie Sofia 1.603 Lev 70 85 Burkina Faso Ouagadougou 537.714 CFA franc 80 87 Burundi Bujumbura 1,953.863 Burundi franc 82 90 Cabo Verde - Cap-Vert Praia 90.389 CV escudo 79 87 Cambodia - Cambodge Phnom Penh 4,098.000 Riel 82 88 Cameroon - Cameroun Yaounde 537.714 CFA franc 83 91 Canada Montreal 1.208 Canadian dollar 91 96 Central African Rep.
    [Show full text]
  • Présentation Powerpoint
    MEDGRID industrial initiative 2011 - 2014 Philippe ADAM, CIGRE Secretary General Workshop Horizon 2050 power system – HVDC – DG Energy, Brussels (Belgium) – February 4th, 2020 Contents 1. Euro-mediterranean electricity grid in 2019 2. Existing submarine power links in the Mediterranean 3. Context of the creation of MEDGRID (2011 - 2014) 4. MEDGRID industrial initiative 5. Vision, objectives, program of works 6. Economic analysis 7. Eligible paths 8. Optimal interconnection development plan Workshop Horizon 2050 power system – HVDC – DG Energy, Brussels (Belgium) – February 4th, 2020 Euro-mediterranean electricity grid in 2019 2011 1997 Extract of ENTSO-E map 2019 Workshop Horizon 2050 power system – HVDC – DG Energy, Brussels (Belgium) – February 4th, 2020 Existing submarine power links in the Mediterranean Workshop Horizon 2050 power system – HVDC – DG Energy, Brussels (Belgium) – February 4th, 2020 Context of the creation of MEDGRID (2011 - 2014) • The Med Ring was an old concept, as the South-Eastern branch of the UCTE system (1951 – 2009) • The 20/20/20 plan of the EU, defines targets for 2020: o A reduction in EU greenhouse gas emissions of at least 20% below 1990 levels o 20% of EU energy consumption to come from renewable resources o A 20% reduction in primary energy use compared with projected levels, to be achieved by improving energy efficiency • The Mediteranean Solar Plan (MSP): 20 GW RES installed in the SEMC & 5 GW exports to the EU Workshop Horizon 2050 power system – HVDC – DG Energy, Brussels (Belgium) – February 4th, 2020 MEDGRID industrial initiative Shareholders Partners Workshop Horizon 2050 power system – HVDC – DG Energy, Brussels (Belgium) – February 4th, 2020 MEDGRID vision • The export of renewable energy from the South and East of the Mediterranean Countries (SEMC) to Europe will be one of the drivers of the development of the trans Mediterranean interconnections.
    [Show full text]
  • AMJAD ALI KHAN GHORI Flat 2, 169 Sussex Gardens W2 2RH London, UK [email protected] +44 7736 842 397 Professional Experien
    AMJAD ALI KHAN GHORI Flat 2, 169 Sussex Gardens W2 2RH London, UK [email protected] +44 7736 842 397 Professional Experience GLOBAL VENTURE CONSULTING (GV) Mar 2019 - Present Consultant / Senior Banker – Core Team Member working on GV’s Transaction Advisory contract with USAID / DAI INVEST to advise, analyse, structure, and document Chromite and Talc mining and processing projects in Afghanistan to get them “investment ready” to attract Afghan and non-Afghan equity investors. At the request of Afghanistan’s Ministry of Mining and Petroleum (“MoMP”) GV has been asked to review bid documents and prepare an Approval Package supporting MoMP’s choice of Preferred Bidder. NUCLEAR ECONOMICS CONSULTING GROUP (NECG) Jan 2018 – Present Affiliate – One of several Nuclear energy experts providing nuclear project development and investment-decision support on a global basis through periodic submissions of position papers (ie., Response to Inquiry on Financing Energy Infrastructure issued by the UK Parliament Business, Energy, and Industrial Strategy (BEIS) Committee on 3 April 2019) and leading IAEA Workshops in the US, France, Poland and Sri Lanka on a range of topics, including: Financing Nuclear Power Projects; UK CfD; Potential Financing Options for SMRs; Developing a Bankable Feasibility Study; and Financing Sources for NPPs. UK – BEIS Jan 2018 – Jun 2018 Member – Expert Finance Working Group (EFWG) – Part of a small, select group of nuclear sector experts assembled under the aegis of BEIS to develop a set of recommendations on Government
    [Show full text]
  • Annual Financial Report 31.12.2018
    AVAX S.A. Annual Financial Statements for the financial year January 1st to December 31st , 2018 (pursuant to Article 4 of Law 3556/2007) AVAX S.A. Company's Number in the General Electronic Commercial Registry :913601000 (former Company's Number in the Register of Societes Anonymes: 14303/06/B/86/26) 16 Amaroussiou-Halandriou str., 151-25, Marousi, Greece INDEX Pages A) Statements of the Board of Director’s Members 4 B) Annual Report of the Board of Director’s 5 C) Independent Auditor’s Report 56 D) Annual Financial Statements 64 The Annual Financial Statements presented through pages 1 to 142 both for the Group and the Parent Company, have been approved by the Board of Directors on 25th of April, 2019. Chairman & Deputy Chairman Managing Director Group CFO Chief Accountant Executive & Executive Director Director CHRISTOS KONSTANTINOS KONSTANTINOS ATHENA GEORGE JOANNOU KOUVARAS MITZALIS ELIADES GIANNOPOULOS I.D.No. 889746 I.D.No. ΑI 597426 I.D.No. AN033558 I.D.No. 550801 I.D.No. AI 109515 2 Annual financial reporting WEBSITE WHERE THE COMPANY’S AND CONSOLIDATED FINANCIAL STATEMENTS ARE AVAILABLE We hereby certify that the attached Annual Financial Statements, which are an integral part of the annual financial report of article 4 of Law 3556/2007, are those approved by the Board of Directors of "AVAX SA" on 25.04.2019 and have been published by posting them on the internet, at (www.jp-avax.gr), as well as on the Athens Stock Exchange web site, where they will remain at the disposal of the investing public for at least ten (10) years from the date of their compilation and disclosure.
    [Show full text]
  • Currency Codes COP Colombian Peso KWD Kuwaiti Dinar RON Romanian Leu
    Global Wire is an available payment method for the currencies listed below. This list is subject to change at any time. Currency Codes COP Colombian Peso KWD Kuwaiti Dinar RON Romanian Leu ALL Albanian Lek KMF Comoros Franc KGS Kyrgyzstan Som RUB Russian Ruble DZD Algerian Dinar CDF Congolese Franc LAK Laos Kip RWF Rwandan Franc AMD Armenian Dram CRC Costa Rican Colon LSL Lesotho Malati WST Samoan Tala AOA Angola Kwanza HRK Croatian Kuna LBP Lebanese Pound STD Sao Tomean Dobra AUD Australian Dollar CZK Czech Koruna LT L Lithuanian Litas SAR Saudi Riyal AWG Arubian Florin DKK Danish Krone MKD Macedonia Denar RSD Serbian Dinar AZN Azerbaijan Manat DJF Djibouti Franc MOP Macau Pataca SCR Seychelles Rupee BSD Bahamian Dollar DOP Dominican Peso MGA Madagascar Ariary SLL Sierra Leonean Leone BHD Bahraini Dinar XCD Eastern Caribbean Dollar MWK Malawi Kwacha SGD Singapore Dollar BDT Bangladesh Taka EGP Egyptian Pound MVR Maldives Rufi yaa SBD Solomon Islands Dollar BBD Barbados Dollar EUR EMU Euro MRO Mauritanian Olguiya ZAR South African Rand BYR Belarus Ruble ERN Eritrea Nakfa MUR Mauritius Rupee SRD Suriname Dollar BZD Belize Dollar ETB Ethiopia Birr MXN Mexican Peso SEK Swedish Krona BMD Bermudian Dollar FJD Fiji Dollar MDL Maldavian Lieu SZL Swaziland Lilangeni BTN Bhutan Ngultram GMD Gambian Dalasi MNT Mongolian Tugrik CHF Swiss Franc BOB Bolivian Boliviano GEL Georgian Lari MAD Moroccan Dirham LKR Sri Lankan Rupee BAM Bosnia & Herzagovina GHS Ghanian Cedi MZN Mozambique Metical TWD Taiwan New Dollar BWP Botswana Pula GTQ Guatemalan Quetzal
    [Show full text]
  • A Holistic Framework for the Study of Interdependence Between Electricity and Gas Sectors
    November 2015 A holistic framework for the study of interdependence between electricity and gas sectors OIES PAPER: EL 16 Donna Peng Rahmatallah Poudineh The contents of this paper are the authors’ sole responsibility. They do not necessarily represent the views of the Oxford Institute for Energy Studies or any of its members. Copyright © 2015 Oxford Institute for Energy Studies (Registered Charity, No. 286084) This publication may be reproduced in part for educational or non-profit purposes without special permission from the copyright holder, provided acknowledgment of the source is made. No use of this publication may be made for resale or for any other commercial purpose whatsoever without prior permission in writing from the Oxford Institute for Energy Studies. ISBN 978-1-78467-042-9 A holistic framework for the study of interdependence between electricity and gas sectors i Acknowledgements The authors are thankful to Malcolm Keay, Howard Rogers and Pablo Dueñas for their invaluable comments on the earlier version of this paper. The authors would also like to extend their sincere gratitude to Bassam Fattouh, director of OIES, for his support during this project. A holistic framework for the study of interdependence between electricity and gas sectors ii Contents Acknowledgements .............................................................................................................................. ii Contents ...............................................................................................................................................
    [Show full text]
  • SUSTAINABLE ENERGY 2013 Report of the Arab Forum for Environment and Development
    2013 Report of the Arab Forum for Environment and Development ARA ARAB ENVIRONMENT 6 SUSTAINABLE ENERGY 2013 Report of the Arab Forum for Environment and Development B ENVIRONMENT ARAB ENVIRONMENT 6 Sustainable Energy is the sixth in the series of annual reports produced by the Arab Forum for Environment and Arab Forum for Environment and Development (AFED) on the state of Arab Development (AFED) is a regional SUSTAINABLE ENERGY environment. The report highlights the need for more efficient management of not-for-profit, non-governmental, the energy sector, in view of enhancing its contribution to sustainable membership-based organization PROSPECTS, CHALLENGES, OPPORTUNITIES development in the Arab region. headquartered in Beirut, Lebanon, with the status of international The AFED 2013 report aims at: presenting a situational analysis of the current organization. Since 2007, AFED EDITED BY: state of energy in the Arab region, shedding light on major challenges, has been a public forum for IBRAHIM ABDEL GELIL discussing different policy options and, ultimately, recommending alternative influential eco-advocates. During courses of action to help facilitate the transition to a sustainable energy future. five years, it has become a major MOHAMED EL-ASHRY To achieve its goals, the AFED 2013 report addresses the following issues: oil dynamic player in the global NAJIB SAAB and beyond, natural gas as a transition fuel to cleaner energy, renewable energy environmental arena. 6 prospects, the nuclear option, energy efficiency, the energy-water-food nexus, The flagship contribution of AFED ENERGY SUSTAINABLE mitigation options of climate change, resilience of the energy sector to climate is an annual report written and risk, and the role of the private sector in financing sustainable energy.
    [Show full text]
  • World Bank Document
    Public Disclosure Authorized MIDDLE EAST AND NORTH AFRICA REGION 2008 REGIONAL Economic INTEGRATION FOR Public Disclosure Authorized Developments GLOBAL and Prospects COMPETITIVENESS Public Disclosure Authorized Public Disclosure Authorized © 2009 The International Bank for Reconstruction and Development / The World Bank 1818 H Street, NW Washington, DC 20433 Telephone 202-473-1000 Internet www.worldbank.org E-mail [email protected] All rights reserved. This volume is a product of the Chief Economist’s Office of the Middle East and North Africa Region of the World Bank. The findings, interpretations, and conclusions expressed herein are those of the author(s) and do not necessarily reflect the views of the Board of Executive Directors of the World Bank or the governments they represent. The World Bank does not guarantee the accuracy of the data included in this work. The boundaries, colors, denominations, and other information shown on any map in this work do not imply any judgment on the part of the World Bank concerning the legal status of any territory or the endorsement or acceptance of such boundaries. Rights and Permissions The material in this work is copyrighted. Copying and/or transmitting portions or all of this work without permission may be a violation of applicable law. The World Bank encourages dissemination of its work and will normally grant permission promptly. For permission to photocopy or reprint any part of this work, please send a request with complete information to the Copyright Clearance Center, Inc., 222 Rosewood Drive, Danvers, MA 01923, USA, telephone 978-750-8400, fax 978-750-4470, www.copyright.com.
    [Show full text]
  • The Case of Morocco
    MEDRESET Working Papers No. 32, December 2018 Assessing EU–Mediterranean Policies in the Field of Energy from a Bottom-Up Perspective: The Case of Morocco Margherita Bianchi, Lorenzo Colantoni, Federico Mascolo and Nicolò Sartori This project is funded by the European Union’s Horizon 2020 Programme for Research and Innovation under grant agreement no 693055. MEDRESET Working Papers No. 32, December 2018 Assessing EU–Mediterranean Policies in the Field of Energy from a Bottom-Up Perspective: The Case of Morocco Margherita Bianchi, Lorenzo Colantoni, Federico Mascolo and Nicolò Sartori1 Abstract The purpose of this report is to evaluate the effectiveness of EU policies and measures in the energy field in light of the needs and interests of local bottom-up actors in Morocco. The report firstly provides an overview of the Moroccan energy sector. It reviews the most relevant literature to define current and future trends, to identify the major challenges, analyse current national energy policies and assess their social impacts; then it describes the framework of EU energy policies in Morocco. In the second part, the report discusses the needs and interests of local bottom-up actors in the energy field mainly drawing on the recursive multi-stakeholder consultations held by the researchers in the field. In line with MEDRESET research questions, it highlights the most relevant issues brought up by the local respondents and a few EU stakeholders, evaluating their perception of current Moroccan and EU energy policies in the country and reporting their suggestions for improvements. Introduction According to the latest World Energy Council’s Energy Trilemma Index Tool,2 Morocco ranks 68th.
    [Show full text]
  • Total Cargo Handeled in Egyptian Ports
    Invest in Egypt Logistics & Transportation Invest In Egypt The Global Crossroad Invest in Logistics and Transportation 1 Invest in Egypt Logistics & Transportation QUICK FACTS Throughput at the Suez Canal will remain healthy in 2015, following a strong year in 2014. There was a 6.75% year-on-year rise in revenues to USD5.46bn in 2014,compared to USD5.11bn recorded in 2013, as the waterway benefited from delays to the opening of the Panama Canal expansion. The country's location on the Mediterranean and Red Seas affords it access to major East-West shipping routes, and its Suez Canal-based ports feature as stops on a number of these routes. Egypt's Suez Canal ensures that the country is a major player in the global maritime sphere. The interim government has received substantial financial assistance for Saudi Arabia, UAE and Kuwait - indicating regional support. The Suez Canal enjoyed strong throughput growth in 2014. The Egyptian infrastructure sector is picking up, which will boost dry bulk and project cargo volumes at Egypt's ports and on its roads. 2 Invest in Egypt Logistics & Transportation SOCIOECONOMIC IMPORTANCE A new navigation channel could increase throughput at East Port Said. Rising Suez Canal charges should see a further growth in revenues. The Suez Canal is benefiting from delays to the Panama Canal expansion, attracting new services. There is major investment of USD8.5bn being channeled into expanding the Suez Canal. Low wages in global terms are advantages for foreign investors, particularly for those wishing to use Egypt as a base for export-oriented manufacturing Air freight handled at Cairo International Airport is set to grow by 3.0% in 2015 to reach 399,780 tones.
    [Show full text]
  • Support for Development of Egypt Cairo Metro's TVM System and Financial Procurement
    2016/17 AfDB Joint Consulting Project : Project 2016/17 AfDB Joint Consulting 2016/17 AfDB Joint Consulting Project : Support for Development of Egypt Cairo Metro's TVM System and Financial Procurement Support for Development of Egypt Cairo Metro's TVM System and Financial Procurement TVM System Metro's Cairo of Egypt Development Support for Ministry of Strategy and Finance, Republic of KoreaⅠGovernment Complex, Sejong, 30109, Republic of Korea www.mosf.go.kr The Export-Import Bank of KoreaⅠ38 Eunhaeng-ro, Yeongdeungpo-gu, Seoul, 07242, Republic of Korea www.koreaexim.go.kr 2016/17 KSP-AfDB Joint Consulting Project Project Title Support for Development of Egypt Cairo Metro's TVM System and Financial Procurement Prepared by SMDev, Korea Smart Card Corporation, Seoul Metro Financed by Ministry of Strategy and Finance, Republic of Korea Supported by The Export-Import Bank of Korea (Korea Eximbank) - Seung Ho Sohn, Director General - Jae Jeong Moon, Director of KSP Team - Su Min Han, KSP Specialist of KSP Team - Kun Young Lee, Researcher of KSP Team - Hee Kyung Ryoo, Researcher of KSP Team African Development Bank (AfDB) Prepared for Ministry of Transportation, Egypt Project Manager Young Wook Park, SMDev Researchers Sung Hoon Cho, SMDev Gil Woung Park, Korea Smart Card Corporation Ju Gil Yoon, Seoul Metro Eun Sook Hong, Seoul Metro i Contents 2016/17 KSP-AfDB Joint Consulting Project Summary Ⅰ. Project Outline ·············································································································· 1 1 . B a c k g r o u n d & P u r p o s e ··················································································································· 1 2 . D e t a i l s a n d S c o p e ····························································································································· 2 Ⅱ.
    [Show full text]
  • Countries Codes and Currencies 2020.Xlsx
    World Bank Country Code Country Name WHO Region Currency Name Currency Code Income Group (2018) AFG Afghanistan EMR Low Afghanistan Afghani AFN ALB Albania EUR Upper‐middle Albanian Lek ALL DZA Algeria AFR Upper‐middle Algerian Dinar DZD AND Andorra EUR High Euro EUR AGO Angola AFR Lower‐middle Angolan Kwanza AON ATG Antigua and Barbuda AMR High Eastern Caribbean Dollar XCD ARG Argentina AMR Upper‐middle Argentine Peso ARS ARM Armenia EUR Upper‐middle Dram AMD AUS Australia WPR High Australian Dollar AUD AUT Austria EUR High Euro EUR AZE Azerbaijan EUR Upper‐middle Manat AZN BHS Bahamas AMR High Bahamian Dollar BSD BHR Bahrain EMR High Baharaini Dinar BHD BGD Bangladesh SEAR Lower‐middle Taka BDT BRB Barbados AMR High Barbados Dollar BBD BLR Belarus EUR Upper‐middle Belarusian Ruble BYN BEL Belgium EUR High Euro EUR BLZ Belize AMR Upper‐middle Belize Dollar BZD BEN Benin AFR Low CFA Franc XOF BTN Bhutan SEAR Lower‐middle Ngultrum BTN BOL Bolivia Plurinational States of AMR Lower‐middle Boliviano BOB BIH Bosnia and Herzegovina EUR Upper‐middle Convertible Mark BAM BWA Botswana AFR Upper‐middle Botswana Pula BWP BRA Brazil AMR Upper‐middle Brazilian Real BRL BRN Brunei Darussalam WPR High Brunei Dollar BND BGR Bulgaria EUR Upper‐middle Bulgarian Lev BGL BFA Burkina Faso AFR Low CFA Franc XOF BDI Burundi AFR Low Burundi Franc BIF CPV Cabo Verde Republic of AFR Lower‐middle Cape Verde Escudo CVE KHM Cambodia WPR Lower‐middle Riel KHR CMR Cameroon AFR Lower‐middle CFA Franc XAF CAN Canada AMR High Canadian Dollar CAD CAF Central African Republic
    [Show full text]