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Kenya : Adaptable Program Lending for Infrastructure Finance and Public-Private Partnership Project
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This World Bank project appraisal document discusses an example of how the World Bank used its technical assistance loans to support the Infrastructure Finance and Public-Private Partnership Project in Kenya. The overall objective of this $40 million loan is to increase private investment in Kenya’s infrastructure, and to sustain private sector participation over an extended period of time through: (i) creating an enabling environment via institutional support and regulatory reform; (ii) developing a pipeline of potential PPP projects, including through providing assistance on project preparation to ensure that the projects are well-structured and “bankable”; and (iii) support on the fiscal commitment and risk framework associated with infrastructure, with an emphasis on contingent liabilities from PPPs.