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Results of the Feasibility Study of Arab Islamic Finance Facility Activity<br />

Outputs Outcomes<br />

Enabling environment reform<br />

Analyses/assessments prepared<br />

� Feasibility study of the Arab Financing<br />

Facility for Infrastructure (AFFI),<br />

September 2010<br />

Capacity and awareness building<br />

Workshops/seminars<br />

� PPP workshop and launch of AFFI, April<br />

2011<br />

Institutions created or strengthened<br />

� AFFI launched in April 2011<br />

Consensus achieved and awareness enhanced<br />

� Consensus achieved on the set-up and launch of the<br />

AFFI<br />

� Awareness enhanced on PPPs and the new shariahcompliant<br />

facility, AFFI<br />

2. Assessment of Chinese Industrial Zones in Nigeria, Ethiopia, and Mauritius ($99,086): the<br />

activity was approved on June 17, 2010. PPIAF support was mobilized to help address the infrastructure<br />

needs for the four Industrial Zones (Nigeria – Lekki, Nigeria – Ogun, Mauritius – Jinfei Economic and<br />

Trade Cooperation Zone, and Ethiopia – Oriental) by estimating the infrastructural gap that needs to be<br />

fulfilled before the four zones were able to operate. The studies identified possible opportunities for<br />

infrastructure provision by the private sector and the necessary policy framework and enabling<br />

environment that needs to be in place to ensure effective PPP implementation. The work was discussed<br />

with governments, and counterparts in Nigeria and Ethiopia have expressed interest in seeking<br />

assistance from the World Bank Group on the implementation of zone projects in areas such as policy,<br />

legal, regulatory, and institutional frameworks for the development, management, and regulation of<br />

zones; models for public financing; and PPP arrangements for external infrastructure for zones. Mauritius<br />

is also keen to share its successful experience in zone development with other Sub-Saharan Africa<br />

countries, potentially in partnership with other countries. The activity was completed in December 2010<br />

and concrete outcomes are still forthcoming.<br />

3. Russian Translation of the Toolkit for PPPs in Roads and Highways ($350,000): the updated<br />

and improved Toolkit for PPPs in Roads and Highways (―Highways Toolkit‖) was developed in 2009 by<br />

the World Bank with PPIAF support. Increased demand for PPPs in the roads subsector in Russianspeaking<br />

countries (or where Russian is a major language) indicates the need to facilitate access to the<br />

Highways Toolkit for key stakeholders in those countries. This has become particularly important after the<br />

onset of the global financial crisis, which led to a ―flight to quality‖ of potential investors, and a slowdown<br />

of private participation in infrastructure in the Eastern Europe and Central Asia region, which had been<br />

previously booming. All this makes it all the more important for countries to have a solid pipeline of wellprepared<br />

projects, and a clear strategy on how to attract private investors. The Highways Toolkit was<br />

available only in English at that time. On June 29, 2010, PPIAF provided funding to translate the<br />

Highways Toolkit in Russian for all interested parties (e.g., governments, academia, the private sector,<br />

NGOs) for developing and transitioning economies where Russian is a major language. The activity was<br />

recently completed in early May 2011, and the toolkit will soon be available on the World Bank’s transport<br />

website and on the PPIAF homepage. An initial dissemination workshop was held in Kiev, Ukraine on<br />

April 12, 2011. Apart from introducing the Highways Toolkit to participants, the workshop gave an<br />

opportunity for participants from both the government and private sectors to exchange experiences and<br />

good practices as well as explore lessons learned internationally. The workshop was attended by 38<br />

participants.<br />

4

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