The EDB engaged in a discussion on public-private partnerships during the 8th UNECE International Public-Private Partnerships Forum
Svetlana Maslova, Director for PPP Projects at the EDB, participated in the 8th UNECE International Public-Private Partnerships Forum held in Istanbul from 8 to 10 May 2024.
Svetlana delivered a presentation during the session focused on Cross-border PPPs in Support of SDGs. She highlighted the EDB’s efforts to foster cross-border PPPs in Eurasia, emphasising this as a priority of the Bank’s PPP programme. The session was co-organised by the EDB and the UNECE.
“Cross-border PPPs hold the potential to yield outcomes that cannot be attained by countries on their own when implementing national PPP projects,and to address challenges that emerge when a PPP project is not being implemented in the jurisdiction of one state, but “at the junction” of territories, budgetary obligations, currencies, and legislation of two states. However, their scalability is impeded by many legal, political, organisational, financial and other factors. We need novel approaches, as habitual methods of structuring national PPP projects do not work here. The EDB has successfully formulated a conceptual framework and institutional conditionsto advance cross-border PPPs and launched a series of webinars on cross-border PPPs for authorised agencies from member states and investors. These efforts have already catalysed the development of several potentialcross-border and cross-country PPP initiatives. Importantly, the EDB undertakes this endeavour in collaboration with the national PPP units of its member states, which have pooled their expertise, ideas and experiences to propel cross-border PPPs in Eurasia for the benefit of their nations and the achievement of the SDGs,” noted Svetlana Maslova during her presentation.
Session moderator Jean-Patrick Marquet from the World Economic Forum and participants commended the EDB’s array of instruments designed to finance and promote cross-border PPPs, as articulated by Svetlana Maslova.
Other session participants included Sanzhar Bolotov, Deputy Minister of Economy of the Kyrgyz Republic; Marc Frilet, General Secretary of the International Centre of Excellence for PPP Policy, Law and Institutions; and Art Smith, Senior PPP Consultant. Discussions shed light on effective legal instruments for cross-border PPPs and relevant international best practices that can be implemented in other countries and regions.
The Eurasian Development Bank (EDB) is a multilateral development bank investing in Eurasia. For more than 18 years, the Bank has worked to strengthen and expand economic ties and foster comprehensive development in its member countries. The EDB's charter capital totals US $7 billion. Its portfolio consists principally of projects with an integration effect in transport infrastructure, digital systems, green energy, agriculture, manufacturing and mechanical engineering. The Bank adheres to the UN Sustainable Development Goals and ESG principles in its operations.
The EDB Media Centre:
+7 (727) 244 40 44, ext. 6147