AIRTRANSPORTANNUALREPORT2012 - Archive

IFC ADVISORY SERVICES
Air Transport Advisory Mandates
The Infrastructure Advisory Services Depart-­ment
of the IFC provides advisory assistance
to governments on structuring and imple-­menng
(tendering) Public-Private-
Partnerships (PPPs) in infrastructure. IFC has
undertaken more than 100 advisory transac-­‐
ons in over 67 countries over the last 20
years. IFC/World Bank's reputaon for compe-­tence,
transparency, and fairness allows it to
play the role of neutral partner to balance
each party's interest, thus reassuring foreign
investors, local partners, other creditors, and
government authories
The two main domains in air transportaon
advisory services are private sector parcipa-­‐
on in airports and air carriers.
1) IFC Public-Private Partnerships (PPP)
Advisory Mandates in Airports
Only 2% of the world’s 10,000 commercial air-­ports
are managed or owned by private sector
enes. However, as passengers carried by air
transport has exceeded two billion since 2005,
and that same year, 40% of all merchandise
and goods (in value) were air freighted – Pub-­lic-Private-Partnerships
(PPPs) in airport
infrastructure will grow to meet investment
and required service standards. Airport PPPs
are useful approaches to meet both private
and public sector objecves.
Of the various airport PPP models available,
experience shows that concessions and full
divesture are most effecve:
Concession Contracts (BOT, BOO, BOOT,
BTO, etc.): State retains ownership of air-­port
but transfers investment as well as
operaons and management responsibili-­‐
es to the private sector
Full Divesture: Ownership, operaons,
and investment responsibilies are fully
transferred to the private sector.
In certain cases, a blend of first-phase BOT
followed by public offering can maximize
benefits
© Photo ADPI Designers and Planners
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