eBook - PDF

Building Integrated Markets within the East African Community

Name: Building Integrated Markets within the East African Community
ISBN: 9781464802270

EAC Opportunities in Public-Private Partnership Approaches to the Region's Infrastructure Needs

World Bank,

English
PDF
Available on iOS & Android

eBook - PDF

Building Integrated Markets within the East African Community

EAC Opportunities in Public-Private Partnership Approaches to the Region's Infrastructure Needs

World Bank,

About this book

There are significant economic gains to be realized if the East Africa sub region improves the overall integration of its markets. But infrastructure development that links markets across countries faces particular challenges, political, institutional, and economic. In the case of East Africa, these challenges have served to hold back investment into regional infrastructure, despite significant recent efforts within the region to develop regional infrastructure investment plans and promote an increased use of Public-Private Partnership (PPP) approaches to mobilize private sector financing and expertise. The report also recommends funding options for regional PPPs. The two main products identified are a Viability Gap Facility (VGF), which would bridge the gap between the commercial viability of a regional PPP and its economic viability; and a Project Development Facility (PDF), which could support the preparation costs of regional PPPs. The VGF could potentially be linked to the EAC Development Fund. Partner States need to be aware when designing these products that they may compete for funds with domestic financing needs. The report also considers the desirability of a regional long-term debt facility, and while there is widespread recognition of the need for longer-term local currency financing, the challenges involved in implementing such a facility are such that this will need to be revisited at a future date.

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Yes, you can access Building Integrated Markets within the East African Community by World Bank in PDF and/or ePUB format, as well as other popular books in Economics & Development Economics. We have over one million books available in our catalogue for you to explore.