Anil Bhandari
Anil Bhandari
Anil Bhandari
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Examples of IDA/IBRD support for PPP projects in the Road Sector<br />
• China – Toll Road Securitization<br />
• Government pre-finances (with Bank support) toll roads, hence bears<br />
construction & start-up traffic risks<br />
• Subsequent securitization of the toll roads raises new private capital<br />
for new highway projects<br />
• Chad – Long Term Performance Based Road Management and Maintenance<br />
• Approx. $10 million performance based 4-year 4<br />
contract with private sector to<br />
maintain 440km of unpaved roads<br />
• Includes initial rehabilitation by contractor<br />
• Kenya – Nairobi Urban Toll Road Concession (under preparation)<br />
• Concessionaire will finance construction of multi-lane lane urban facility and<br />
operate it for a period of 30-years<br />
• IDA will finance adjoining road section which would be handed over to the<br />
concessionaire for tolling
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