Technical Assistance for Government Debt & Infrastructure Finance - Panama IFT

The goals of this project are to support increased private sector investment in infrastructure in Panama which is key to promoting economic development by developing a transparent, attractive public private partnership (PPP) enabling environment and enhancing the PPP Secretariat and Ministry of Economy and Finance (MEF's) capacity to manage the PPP process and fiscal obligations.

Project components include: 1) developing an appropriate legal framework for structuring and implementing PPP projects; 2) establishing a new PPP Secretariat to manage the process of PPP execution; and 3) assisting state owned entities, including Panama's state owned electric transmission company, Empresa de Transmission Electrica (ETESA), to decrease their borrowing costs, improve financial modeling, and prioritize bankable PPP projects.