Ghana - PPP Project

closed

The objective of Public Private Partnership Project (PPP) for Ghana is to improve the legislative, institutional, financial, fiduciary and technical framework to generate a pipeline of bankable public private partnership projects. There are three components to the project, the first component being institutional, fiduciary, legislative, and financing capacity building. This component is focused on developing the in-house capacity within the Government of Ghana, beginning with Ministry of Finance and Economic Planning (MoFEP), to identify, assess, develop, implement and manage PPP transactions. The second component is the PPP pipeline preparation and transaction advisory support. This component supports the Government of Ghana (GoG) to develop a commercially viable and a Government-backed pipeline of competitively-bid PPP projects to financial close: Project Concept Notes (PCN), investment appraisal, PPP Pre-Feasibility studies (PFS), full feasibility studies (FS) including investment appraisal and value for money. Finally, the third component is the project management and monitoring and evaluation. This component will finance specialized consultant services to assist MoFEP- Public Investment Division (PID) in project implementation and to develop a comprehensive monitoring and evaluation system to track cost effectiveness and development impact of PPPs that are supported under the GoG PPP Program. The project implementation unit is expected to comprise of seven positions: project and outreach coordinator; financial management specialist, procurement specialist, M&E specialist, safeguard specialist; capacity building Specialist, and Internal Auditor (the latter has been assigned by the GoG). Over time, as the PID becomes more experienced with PPPs and International Development Association (IDA) operations, the Project Implementation Unit (PIU) functions may devolve to PID staff and requirement for specialized expertise will be scaled back.