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APMG launches new Public-Private Partnerships Certification Program with Five Multilateral Development Banks

 

P/PM INDUSTRY NEWS

New body of knowledge for professionals working on PPPs around the globe also available

21 June 2016 – London, UKAPMG International has announced the launch of a new Public-Private Partnerships (PPPs) Certification Program in collaboration with five multilateral financial institutions. The Certification Program has been developed to establish good practices across the globe for professionals working on PPPs.

Responding to the need to enhance knowledge around PPPs and in the absence of a global certification program on PPPs – the APMG PPP Certification Program is an innovation and a collaboration between the Asian Development Bank (ADB), the European Bank for Reconstruction and Development (EBRD), the Inter-American Development Bank (IDB), the Islamic Development Bank (IsDB), the Multilateral Investment Fund (MIF) and the World Bank Group (WBG). The program is part funded by the Public-Private Infrastructure Advisory Facility (PPIAF).

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Authored by many of the world’s top PPP experts with contributions from the multilateral development banks (MDBs), the PPP Certification Program Guide is at the core of the APMG PPP Certification Program. The PPP Guide is the definitive body of knowledge on PPPs, compiling a range of quality materials on PPP good practices – it can be used to support study for the APMG PPP Certification Program or as a stand-alone downloadable publication on PPPs.

“This is the first time the multilateral development banks have joined forces to promote a global program for building capacities for PPPs. We are delighted to partner with APMG to share with the world this unprecedented certification program on PPPs. This new curriculum aims to build capacity through foundation exams and a thorough PPP Guide. We hope this will serve as a comprehensive resource for PPP professionals and enable better understanding of how to deliver PPPs globally,” said Laurence Carter, Senior Director, Public-Private Partnerships, World Bank Group, on behalf of the MDBs involved in this initiative.

Thomas Maier, Managing Director for Infrastructure at the EBRD, said: “As a multilateral development bank we finance PPPs directly and mobilise financing from other investors. We also help create a legal environment enabling greater levels of private sector investment in infrastructure. But laws and access to finance are not enough. Our experience shows that institutional capacity to structure, negotiate and implement PPPs is essential. We are pleased to support this very first global PPP certification programme to help professionals deliver more and better projects.”

To date, the EBRD has invested over €3 billion across some 40 PPP projects and has mobilised an additional €6 billion in other commercial financing. Roughly 40 per cent of all EBRD financing in infrastructure projects are under public-private schemes.‎

The Foundation level exams are now available for self-study and work is underway to develop the Preparation and Execution level exams. The Foundation exam is aimed to test that candidates have sufficient understanding of the first chapter of the PPP Guide – ensuring they will be able to act as an informed member of a PPP finance project.

Once all three of the APMG PPP Certification Program levels are available – candidates will have the opportunity to gain the Certified Public-Private Partnerships Professional (CP3P) credential – providing them with global recognition of PPP proficiency.

The APMG PPP Certifica tion Program and the PPP Guide will benefit PPP practitioners and can improve the quality of PPPs worldwide, while PPP professionals around the world can benefit from this opportunity to access this specialized knowledge and achieve a certification from a globally recognized program.

By helping to build a sounder knowledge around the management of PPPs as an option for governments to deliver basic infrastructure needs, the program intends to build capacity and knowledge access of professionals that are or will be working in their countries respective PPP programs, from government officials or their advisors.

For further information, to download the PPP Guide by chapter, or to begin studying for your Foundation exam please visit: https://www.ppp-certification.com/

Sources:
APMG at https://www.ppp-certification.com/media/news/2016/june/ppplaunch
EBRD at http://www.ebrd.com/news/2016/ebrd-welcomes-new-ppp-certification-programme-.html
Image courtesy of EBRD