|Approval Date||08 Jul 2015|
|Signature Date||09 Nov 2015|
|Planned Completion Date||30 Sep 2021|
|Sovereign / Non-Sovereign||Sovereign|
|DAC Sector Code||15124|
The Institutional Strengthening for Public-Private Partnerships (ISPPP) Project responds to a Government of the Republic of Namibia (GRN) request for Bank's prompt support to enhance budget, cash and public debt management capacity. The project is a urgent technical assistance to improve the capacity and institutional framework for budget, cash and debt management which is critical to developing external and domestic financing capabilities as well as mobilizing private financing and improving efficiency of public investment in infrastructure development. It includes the following components: a) PPP project preparation technical assistance for pilot projects b) PPP capacity building and Training c) Public investment management capacity enhancement including Development of budget preparation manual & related training; Development of cash forecasting and management guideline; and PFM training (local and regional institutions). Through the proposed project, the Bank can share the wealth of expertise it has accumulated through similar PPP interventions in other Regional member Countries.
The principal objectives of this project are to (a) Provide capacity building, technical assistance and advisory services to assist the Government of Namibia in the operationalization of the PPP framework; (b) Attract private investment in infrastructure and other strategic areas of the economy; and (c)Enhance budget, cash and public debt management capacity.
The project will mainly benefit the Government of the Republic of Namibia (GRN). The key government entities involved in operationalizing the PPP policy are the Ministry of Finance, the National Planning Commission and sector Ministries. Enhancing the capacity of these entities is critical to operationalizing of the PPP policy and operational framework.
Middle Income Countries Fund
Guaranty Trust Bank
|Last Update||06 Mar 2021|