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Eye of Riyadh
Business & Money | Thursday 12 September, 2019 2:12 pm |
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Dubai Hosts the 1st PPP MENA Forum

The substantial investment in infrastructure by Middle East and North African governments has led to an increased interest in public-private partnerships (PPP). It is estimated that $224bn-worth of public-private partnership (PPP) projects are planned or underway in the Middle East and North Africa.

PPP MENA forum taking place on 11-12 DEC 2019, DUBAI, UAE with supported by the region’s leading PPP units and organizations like Saudi Arabia’s National Center for Privatizations & PPP, Egypt’s Ministry of Finance, Kuwait’s Authority for Partnership Projects, Oman's Public Authority for Privatisation & Partnerships,  Bahrain’s Ministry of Works,  Jordan’s Ministry of Finance, Istanbul PPP Center of Excellence and the World Association of PPP Units & Professionals.

In addition to: , Kuwait’s Ministry of Electricity & Water, Saudi Arabia’s Ministry of Municipal and Rural Affairs, Saudi Arabia’s Ministry of Health, Mubadala Infrastructure Partners Limited and Oman’s Infrastructure Fund.

Organized by The Great Minds Event Management PPP MENA Forum is set to be the biggest annual gathering of government officials, PPP central units, project owners, consultants, financial institutions and lenders, private investors and stakeholder from across key sectors. The forum will offer exclusive never heard before updates of various PPP project pipelines across the key sectors offered by the participating nations.

Dr. Dhafir Awadh Al Shanfari,  Chief Executive Officer of Public Authority for Privatisation and Partnership   said: “ PPP is an important tool to support the economic development process and to create an attractive investment environment that will contribute to enhancing the quality of public services delivered; increasing investments in the country; and diversifying sources of income.

He added: “PPP MENA forums are an excellent platform for exchanging expert views and to benefit from the latest developments achieved by the leading countries in the application of the PPP and successful PPP projects. The Sultanate of Oman now has a new PPP law managed by the Public Authority for Privatisation and Partnership that aims to encourage public-private partnerships and expand the role of the private sector in investing in the Authority’s projects. 

The PPP law will enhance transparency in the process for attracting partners to deliver services and infrastructure, thereby contributing to the development of the national economy, enhancing local added value and diversifying sources of income, as well as its role in building citizens’ capacities; increasing employment opportunities; and the development of the capital market.

Leila Masinaei, Managing Director of The Great Minds Group said: “Over the course of two days, government authorities and relevant industry stakeholder will engage in high level discussions and networking opportunities to tackle some of these complex issues surrounding public-private partnerships in the region and the opportunities presented in the market.

“PPP MENA Forum will also feature an international exhibition which will create a new avenue for international companies to showcase their latest products and services to the sector as 25 international speakers and 100 decision makers from government organizations, will reveal and discuss over 2 days of panels discussions and workshops, more than 15 PPP project and sector focused spotlights”, Masinaei added.

Basma Dawwas, Director of PPP MENA Forum said: “The Forum will also host a 2 days international exhibition, technical meetings, interactive & technology zones, and will end its activities with an award giving ceremony. As PPP MENA Forum aims to be the region’s leading gathering on PPP, 30 countries will be represented to tackle issues like the investment climate & sources of funding for PPPs in the MENA region, exploring alternative funding models, water & power and renewables PPPs, environment and recycling projects, healthcare projects, housing projects, education facilities projects, and transportation projects”.

Eyup Vural Eydin the Chairman of Istanbul public-private partnership center of excellence said: “Best practices and lessons learned are equally important for better PPP and more qualified services in the MENA region”.

PPP MENA Forum is set to be the biggest annual gathering of government officials, PPP units, project owners, consultants, financial institutions and lenders, private investors and stakeholder from across key sectors. The forum will offer exclusive never heard before updates of various PPP project pipelines across the key sectors offered by the participating nations. The forum will also discuss the progression and changes in PPP laws and regulations for the participating nations as well as the implementation challenges the new regulations may create. The Forum will also shed light on critical topics such as challenges and opportunities in activating PPP projects and the bankability of such projects in light of the geopolitical status of the region.

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