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Monday, November 8 • 4:00pm - 5:30pm
Road Procurement & Financing in the New Era

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Many developing countries are depending on financing of road development through International Financial Institutions in the form of grants or loans. The financial arrangements are often accompanied with stringent conditions regarding structural adjustment and counter-financing by the beneficiary country, limiting the budgetary discretion to a substantial degree. Private finance participation in road development projects through long term Public Private Partnerships could be a way to decrease the dependency on IFI financing. This panel will explore the associated pre-requisites, including:
  • Enabling legal, financial and institutional frameworks, such as legal dispositions allowing for toll collection supported by robust traffic projections. 
  • Affordable, predictable and reliable revenue generating mechanisms for the financiers in order to achieve an acceptable return on investment, such as through toll collection or annuity schemes.
  • The availability of capacity and expertise in the host country’s institutions to conceive, procure, negotiate and manage the often-complex contractual arrangements.

avatar for Eric Cook

Eric Cook

Senior Advisor, International Road Federation

avatar for Pascal Lemonnier

Pascal Lemonnier

Senior Vice President of Business Development, EGIS
After 20 years experience working for tolling and electronic tolling system integration companies, I have joined EGIS in 2012. I have worked in different projects internationally managing complex projects for electronic tolling system and operation, in Canada and Ireland, but also... Read More →
avatar for Asif Faiz

Asif Faiz

Senior Advisor - Transportation Sector Management,
Dr. Asif Faiz is a former World Bank Highways Adviser and Infrastructure Sector Manager His professional experience of some 50 years ( from 1975-2008 at the World Bank) in the areas of international development, transportation, and environment, covers policy and operational work in... Read More →
avatar for Nazir Alli

Nazir Alli

Council Member, PIARC
Nazir Alli is a World Bank Consultant with 40 years’ experience as a distinguished civil engineer in both public and private sectors. He was the founding CEO of the South African National Roads Agency Limited (SANRAL) in post-apartheid South Africa and is a globally recognized leader... Read More →
avatar for Majid Ideisan

Majid Ideisan

Project Manager, Ministry of Energy & Infrastructure, UAE
Majid Ideisan is a specialized engineer in Sustainable and Renewable Energy systems, and a Certified Energy Manager by the Association of Energy Engineers. He is currently acting as a Project Manager at the Financial Sustainability and Investment Department at the Ministry of Energy... Read More →

Monday November 8, 2021 4:00pm - 5:30pm GMT+04
Sheikh Maktoum - B