Wednesday 31 March 2010
Regional Cooperation / Asia

UIC participated to the PPP Days 2010, Manila, Philippines

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PPP Days 2010, a premier global event for PPP public practitioners, was organised at the Asian Development Bank in Manila from 22nd to 24th March 2010. The event was jointly organised by the World Bank Institute and ADB, with support from ADB Institute, Multilateral Investment Fund, a member of the Inter American Development Bank Group, Government of Philippines and International Finance Corporation. The meeting was attended by more than 250 delegates from 45 countries who shared experiences on innovations in PPP policy, structuring and financing in railways, roadways, health, education, power and water resources.

UIC was invited by ADB to share the PPP experiences in the rail sector during the event’s transport session as part of developing joint initiatives by UIC and ADB in the development of sustainable transport systems in the region. UIC was represented by Mukul Saran Mathur, Head of Asia Regional Office, New Delhi.
While UIC presented an overview of international rail projects implemented under PPP elaborating success and failures, the meeting debated on broader issues of project structuring, risk allocations, government responses, availability of finances, investor perspectives, the role of multilateral banks in developing and implementing the PPP projects in the event of global liquidity crises.

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