The EDB promotes PPP competencies in the Kyrgyz Republic
Bishkek, 8 December 2022. The Eurasian Development Bank (EDB) conducted a two-day workshop for 32 representatives of Kyrgyz government organisations and agencies, including the President’s Office, the National Investment Agency, the PPP Centre, the Ministry of Finance, the Ministry of Transport and Communications, the Ministry of Education and Science, the Ministry of Health, and the Bishkek Mayor’s Office.
The workshop was intended to build competence in structuring PPP projects in transport, health and municipal waste management.
“An important factor conducive to setting up a steady stream of PPP projects that would attract private investors and meet the nation’s needs are the practical competencies of those who prepare PPP projects and ensure their implementation. We structured the workshop using a project-based learning approach and PPP case studies to outline the key parameters of these projects – how to select the form of a project, develop eligibility and bidding criteria, balance risk, choose the most appropriate payment mechanisms and state support measures, factor in budget commitments of the public partner, agree on the material conditions of a PPP agreement between partners, and, finally, incorporate SDG indicators and ESG criteria in PPP projects,” said Svetlana Maslova, EDB Director for PPP Projects.
Svetlana Maslova as well as Sergey Paseko and Azamat Tyuleubay, Heads of the EDB Directorate for Transport and Infrastructure, took part in discussing each stage of PPP project preparation and developing recommendations for the effective implementation of these projects.
The event was organised and financed by the EDB Technical Assistance Fund. Sharing expertise and experience with the participants will facilitate the Bank’s active participation in PPP initiatives in the Kyrgyz Republic.
Additional Information:
The Eurasian Development Bank (EDB) is an international financial institution promoting integration and development in its member countries. For more than 16 years, the Bank has worked to strengthen and expand economic ties and foster comprehensive development in its member countries – Armenia, Belarus, Kazakhstan, the Kyrgyz Republic, Russia and Tajikistan. 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’s operations are guided by the UN Sustainable Development Goals and ESG principles.
The EDB Technical Assistance Fund (TAF) is a special fund helping to create enabling conditions for investment and development projects in the Bank’s member countries. The Fund operates to enhance the Bank’s ability to finance investment projects that are in line with its mission. The TAF supports potential borrowers at the project preparation stage as well as national governments and organisations whose projects promote the institutional environment, economic development and growth. The Fund is financed from the Bank’s net profit and donor funds.
The EDB Media Centre:
Aigerim Akhanova
+7 (727) 244 40 44, ext. 6147
+7 (701) 328 38 98