| Approval Date | 26 May 2015 |
| Signature Date | 22 Jun 2015 |
| Planned Completion Date | 30 Dec 2021 |
| Last Disbursement Planned Date | 31 Dec 2021 |
| Sovereign / Non-Sovereign | Sovereign |
| Sector | Multi-Sector |
| DAC Sector Code | 15124 |
| Environmental Category | 3 |
| Commitment | U.A 1,173,000 |
| Status | Completion |
The Institutional Support Project for Public Private Partnerships (ISP-PPP) is designed to support the development of an operational policy, legal and institutional framework for Public Private Partnerships (PPPs) in Ethiopia and provide requisite capacity. It intends to help the Government of Ethiopia in its efforts to maintain fiscal stability. The project is aligned with the Growth and Transformation Plan (GTP, 2011-2015). The overarching goal of the Plan is to eradicate poverty through accelerated and broad-based economic growth and pro-poor spending. The project is also consistent with Ethiopia’s various sector strategies, including the Road and Energy Sector Development Programmes. Through the ISP-PPP, the GoE has clearly identified areas of support. The Bank will thus play a major role in facilitating implementation of the project by focussing on the development of a policy, legal, regulatory and institutional framework for PPPs, as well as capacity building and project management support. The project will be implemented over the period 2015-2018 with a total estimated cost of UA 1355418. Its implementation will help intensify and sustain reform efforts in Ethiopia and lay the foundation for strong private sector participation in the delivery of infrastructure and other services.
The overall development objective of the proposed project is to support the Government of Ethiopia to sustain economic development and inclusive growth through enhanced private investments in economic and social infrastructure. The specific objective is to create an enabling environment and build the requisite capacity for private sector participation in infrastructure as a means of boosting private investments in the delivery of infrastructure and other public services for enhanced competitiveness and inclusive growth.
The project direct beneficiaries will be the key institutions responsible for public finance and economic management, and institutions in charge of economic, social and private sector development, particularly: the Ministry of Finance and Economic Development (MoFED); Ministry of Water, Irrigation and Energy; Ministry of Health; National Planning Commission; Ethiopian Investment Commission (EIC); Ethiopian Roads Authority (ERA); Ethiopian Electric Power (EEP); and Privatization and Public Enterprises Supervising Agency (PPESA). Key umbrella private sector organizations such as the Ethiopian Chamber of Commerce and Sectoral Associations (EECSA) will also benefit. The indirect beneficiaries of the operation will be the entire population of Ethiopia who will benefit from the spill over effects of increased investment in the country.
|
Funding
African Development Fund
|
|
Extending
Government Of Ethiopia
|
|
Implementing
Ministry of Finance and Economic Development
|
| IATI identifier | 46002-P-ET-KF0-004 |
| Last Update | 26 Jan 2023 |
| Name | OKUDZETO Eline |
| e.okudzeto@afdb.org |
| Country | Ethiopia |
| Coordinates | Location Name |
|---|---|
| 9.02497 38.7469 | Addis Ababa |
| 9 39.5 | Ethiopia |