Snapshot on IDB Volume and distribution of IDB financing Transport Strategy New Commitment to Road Safety Available windows for financing road safety

Transcription

1 Presentation Outline Snapshot on IDB Volume and distribution of IDB financing Transport Strategy New Commitment to Road Safety Available windows for financing road safety Islamic Development BanK 1 1

2 Islamic Development BanK 2 The IDB Group Islamic Development Bank (IDB) Group Islamic Development Bank (IDB) Foster the economic development and social progress of MCs and Muslim communities. Islamic Research & Training Institute (IRTI) Undertake applied & basic research in Islamic Economics and Finance. Islamic Corporation for Insurance of Investment & Export Credit (ICIEC) Provide Shariahcompatible export credit insurance, political risk insurance, technical assistance. Islamic Corporation for the Development of the Private Sector (ICD) Promote development of private sector development. International Islamic Trade Financing Corporation (ITFC) Promote and enhances intra-trade and trade cooperation through trade finance and promotion programs Shari ah Compliance

3 ISLAMIC DEVELOPMENT BANK Snapshot Jeddah, Kingdom of Saudi Arabia Regional Offices: Kazakhstan, Malaysia, Morocco and Senegal Field Representatives in several Member Countries AAA Rating by Moody s, Fitch, and S&P. Zero-Risk Rating by the European Commission Mission Statement We are committed to alleviating poverty; promoting human development, science & technology, Islamic banking & finance; and enhancing cooperation amongst member countries, in collaboration with our development partners Priority Areas Human Development Agricultural Development & Food Security Infrastructure Development IDB Scorecard As of 17 December 2009 Total Assets : US$ 13.1 bn Authorised Capital : US$ 46.0 bn Paid-up capital Capital of : US$5.5 bn* Rated : Aaa/AAA/AAA Member Countries : 56 Sub-Saharan Africa 22 Middle-East & North-Africa 19 South & South-East Asia 8 Central Asia 7 Total Employees : 1,014 Private Sector Development Intra-Trade among Member Countries R&D in Islamic Banking & Finance Islamic Development BanK 3

4 Islamic Development BanK 4 Aggregate IDB Group Financing ( ) Net Approved IDB Financing: US$ 63.9 bn * Cumulative Sectoral Distribution Agriculture, 11% Social, 6% Other, 4% Energy, 36% Industry, 12% Transport & Coms, 31% * Excluding operations of ICIEC & ICD

5 Trends in OCR Approvals 1396H-1431H 4,000 3,500 3,000 2,500 US$ Million 2,000 1,500 1, Islamic Development BanK 5 5

6 Aggregate Infrastructure Financing ( ): Sectoral Distribution US$ 15,520 m Net Approved Financing* * Total Approvals less Cancellations Islamic Development BanK 6

7 Aggregate Infrastructure Financing ( ): Geographic Distribution US$ 15,520 m Net Approved Financing* * Total Approvals less Cancellations Islamic Development BanK 7

8 Islamic Development BanK 8 IDB and Transport Projects Financing Roads & Highway, 3500, 54% Airports, 501, 8% Ports, 1020, 16% Railway, 1215, 19% Multimo d, 171, 3%

9 Transports Projects Operations Country No. Operations Amount ($, mi.) % of total Portfolio Bahrain Egypt Iraq Jordan Kuwait Lebanon Oman Palestine Qatar Saudi Arabia Sudan Syria UAE Yemen Islamic Development BanK 9

10 Islamic Development BanK 1 0 IDB s Transport Strategy A comprehensive strategy implementation framework for the period 1431H-1433H has been prepared by IDB with a focus on: ü Financing of Regional Infrastructure Projects. ü Promotion of Trade among member countries. üpromotion of Cross-Border investment and flow of investment among MCs. ücapacity Building for Economic Integration Infrastructure.

11 Road Safety in IDB Financings Historically: Minimum consideration as part of Road Project Financing (safe road design). November 2009: Commitment along with 6 others MDBs (WB, ADB, AfDB, IaDB, EIB & EBRD) on a Shared Approach to Managing Road Safety: Improving road safety is a development priority in developing and emerging countries. Scale up global, regional and country responses to bring the growing numbers of road deaths and injuries toll under control. Islamic Development BanK

12 MDBs Shared Approach to Managing Road Safety The measures to be carried out fall into four broad categories: Strengthening road safety management capacity; Implementing safety approaches in the planning, design, construction, operation, and maintenance of road infrastructure projects; Improving safety performance measures (data, indicators, analyses, etc.); and Mobilizing more and new resources for road safety. Islamic Development BanK

13 IDB s Action Plan on Road Safety Build internal capacity and awareness. Coordinate interventions and share experience with the other MDBs. Propose to include road safety in Policy Dialogue with Member Countries & in Country Programming. Include Road Safety audits as part of road development projects. Propose TAs to focus on institutional arrangements and capacity building in MC. Islamic Development BanK

14 Available Windows for Road Safety Financing Regular Project Financing Technical Assistance Technical Cooperation Program Non-Government Organizations (NGO) Islamic Development BanK

15 Project Financing As part of the formulation of a road project to be financed, may include road safety components: Road Safety Audit Training Sensitization Campaign Islamic Development BanK

16 Technical Assistance Institutional Arrangements including diagnosis of country conditions in terms of existing responsible agencies, legislation, road safety strategies and programs, funding, monitoring and evaluation of safety performance, etc. Capacity Building in terms of road safety data collection and analysis, research and awareness campaigns. Islamic Development BanK

17 Technical Cooperation Program Tripartite scheme: Beneficiary Country, Donor Country (Expertise) and IDB as Facilitator/Financier Grant financing Recently, annual budget of $5 million 3 vehicles: Provision of an Expert (maximum of 6 months, $25,000) On the Job Training / Study Visit (max. 4 months, $25,000) Conference & Seminar (max. 5 days, $60,000) Islamic Development BanK

18 NGOs Make funds directly available to Road Safety NGOs (Grant) Capacity Building operations: training, equipment, support to activities (maximum $100,000) Islamic Development BanK

19 Islamic Development BanK 1 9 THANK YOU For your attention! مكیلع ملاسلاو اركش