PRIVATE INFRASTRUCTURE

DEVELOPMENT GROUP

Members

A consortium of nine donor organisations who have joined together to help facilitate private sector investment in developing countries to provide infrastructure vital to boost their economic growth and combat poverty.

• Austria • Switzerland• Australia • The Netherlands• Germany • United Kingdom• Ireland • World Bank Group • Sweden (through the IFC)

Constraints to Private Investment

• Public sector capacity constraints

• Lack of bankable projects

• Shortage of long-term FX debt

• Shortage of local debt

• Limited developer capacity

PIDG Structure

PIDG FacilitiesPIDG Facility:

Technical Assistance Facility

DevCo InfraCo Ltd

InfraCo Asia

Emerging AfricaInfra-

structure

Fund

Guarant-Co

ICF-Debt Pool

Green Africa Power

Market / Policy Challenge

Project preparation resourcesAffordability

Publicauthority transaction capacity

Shortage of bankable projects

Shortage of bankable projects

Shortage of long-termdebt finance

Shortage of long-term local currency finance

Limited appetite ofcommercial banks tolend to projects long term

Lack of cost reflectivetariffs; high upfront capital costs

PIDG Facility Response

Grants tobuild capacity, supportproject preparationand delivery

Transaction advisorysupport toGovts. in developing countries

Developsprojectsin Africa

Developsprojectsin Asia

Long-termloans to private sectorprojectsin sub-Saharan Africa

Localcurrency guarantees in developing countries

Long-termloans toprojects to addressfinancing gaps in developing countries

Quasi-equity patient capital for RE projects in Africa

Operating since

2004 2003 2005 2010 2002 2006 2009 2014 (expected

)

Facility Funding (US$ m)

 Emerging Africa Infrastructure 

FundGuarantCo InfraCo InfraCo Asia 

Development 

Technical Assistance Facility

DevCoInfrastructure Crisis Facility Debt Pool

Totals

DFID 145.06 95.61 63.30 59.87 10.26 49.77 0.00 423.87

DGIS 27.00 0.00 35.48 0.00 3.50 5.50 0.00 73.65

FMO 0.00 34.00 0.00 0.00 0.00 0.00 0.00 34.00

Sida 20.00 15.00 0.00 0.00 2.00 3.28 0.00 42.44

IFC/World Bank 0.00 0.00 0.00 0.00 7.91 11.75 0.00 21.96

SECO 10.00 17.00 8.50 0.00 6.50 0.00 0.00 44.33

ADA-BMF 0.00 0.00 6.42 0.00 5.38 7.00 0.00 20.08

Irish Aid 0.00 0.00 0.00 0.00 4.11 0.00 0.00 5.38

ADB 0.00 0.00 0.00 0.00 1.00 0.00 0.00 1.00

KFW 0.00 0.00 0.00 0.00 0.00 0.00 9.41 10.67

Total 202.06 161.61 113.70 59.87 40.65 77.29 9.41 682.47

Activity to end of 2012

• PIDG members have contributed over US$680m

• PIDG Facilities have committed funds of over US$1.4bn to 130 infrastructure projects in 55 different countries

• US$ 26.7bn PSI mobilised

• PIDG Facilities have financially closed 87 projects across ten infrastructure sectors; 39 projects operational

• 73% of PIDG-supported projects are in DAC I / DAC II countries; 45% in Fragile and Conflict Affected states** Based on OECD INCAF methodology

Focus on Africa

• 74 projects at financial close – 90%

• US$1.01bn committed – 72%

• Predicted PSI generated: $15.6bn

• Predicted number of people with new/improved services: 150 million

Financially closed projects

Azito Power, Côte D’Ivoire

• Conversion of a single cycle to a combined cycle gas fired power plant.

• Total investment mobilised was US$430 million of which EAIF provided US$30 million.

• Tax benefit to Côte d’Ivoire government of approx. US$7.5 million.

• Increase in national power supply of 15%.

• 400,000 tonnes of CO2 saved per year.

• 5.26 million people with access to improved electricity supply.

Nairobi Commuter Rail, Kenya

• Upgrade and expand existing 160km commuter rail network and new rail link to JKIA Airport

• New rolling stock, signalling and upgraded stations

• Expected investment USD325m• Up to 100,000 passengers per day• Reduce congestion, improve safety• Developed by eleQtra as a joint venture

between Infaco Africa and Kenya Railways• Contract with private sector contractors and

operators to rehabilitate and operate the system being competitively tendered

Thank you

For more information, please visit www.pidg.org