Financing of Cross-Border Infrastructure Projects: Issues

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Transcript Financing of Cross-Border Infrastructure Projects: Issues

ICA Members Meeting
Paris, 16- 18th May, 2011
Report to Plenary Session of Annual
General Meeting
Possible expansion of ICA membership from G8 to G20
- Consensus amongst ICA members about widening
membership to G20 and that initial discussions should begin
- ICA Secretariat mandated to approach G20.
- France (as G8/G20 Chair) to take forward at next meeting of
G20’s Development Working Group (June in Cape Town )
- Agreement that governance issues need to be carefully
considered as process moves forward to retain a light touch.
- ICA Secretariat and France to report back at next members
meeting in November 2011.
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Revised ICA Work Plan Indicators and 2011.
For revises Log frame to be used as monitoring and
management tool
Agreed revised framework should be used, in the Strategic
Business Plan
2011 ICA Work Plan, staffing and budget presented
Strong link with results (PIDA)
Members called upon ICA Secretariat to continue its work on
collecting and sharing information on investment opportunity,
instruments and facilities.
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Presentations on Energy, Transport and Water Sector
Platforms led by USA , JICA/ EIB and KfW/ BMZ respectively
- Activity to date and plans for 2011 and beyond ; positive feedback
Presentations and updates on:
- West African Power Pool
- Horn of Africa Initiative
- PIDA
- Africa Infrastructure Knowledge Programme
(proposal for funding)
- Geographic Information System of the EU-Africa Infrastructure
Trust Fund
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- 2010 ICA Annual Report- Key trends
• 40% increase in commitments compared to 2009.
• Private Sector commitments close to pre-crisis levels.
• 13% increase in commitments to regional projects.
- The need for increased funding for project preparation
high lighted especially ahead of PIDA .
- Members welcomed the Presidential Infrastructure
Initiative (PICI) led by President Zuma and the
Institutional Architecture for Infrastructure
development in Africa (IAIDA) led by AU as initiative
that are led by member states and regional
organisations in support of PIDA.
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Thank you
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