WORLD BANK EUROPE AND CENTRAL ASIA (ECA) TRANSPORT SECTOR UNIT

Transcription

1 WORLD BANK EUROPE AND CENTRAL ASIA (ECA) TRANSPORT SECTOR UNIT Trends Washington June 17, 2014

2 2 Presentation Outline Our Client Demand Countries in the ECA region are diverse and so are their continuously changing demands Evolving World Bank New strategy and new organization put in place in July 2014 What Other Partners Are Doing Complementarity of institutions, selectivity for the WB, edge on policy and how to advice Our Products Moving forward Five product lines adapted to the intersection of client demand and corporate strategies/resources Our Opportunities in the Transport Sector Ability to adapt WB products to client demands, whether for investment, knowledge or both Our Strategy Going Forward Tailored delivery of the five product lines, using combination of instruments that meet client demand

3 Our Client Demand is Continuously Changing Reflecting Evolving Needs and Challenges 3 Urban Mobility Management Engaging the Private Sector Regional Development in Eastern Russia Strengthening Institutions (EU countries) Improving Road Safety Managing Transport Assets Developing Trade Links And Local Connectivity Deeper Integration with Europe (balkans) Transport services, Sustainable urban mobility Local Connectivity and Trade Links

4 Lending Portfolio On going Investment Projects US$7.2 Billion Annual Disbursement Ratio 20.5% Pipeline of 15 projects for June 14 June 15: US$2.26 Billion 4 Current portfolio by sub sector Current portfolio by country Rural roads 4% Rail 9% Trade and logistics 4% Russian Federation 0% Turkey 0% Central Asia 45% Ukraine/ Belarus 14% South Caucasus 28% Highways 83% EU countries 5% South Eastern Europe 8%

5 5 Advisory Portfolio 2014 Diverse advisory portfolio of 22 knowledge products 8 of which are client financed mainly in Russia, EU and Central Asia Urban transport Road safety Road asset management Rail Aviation Ports Logistics /Trade Transport Strategies Russia Belarus/ Ukraine/ Moldova South Caucasus Western Balkans EU Turkey Central Asia ECA PPP

6 We are working to complement and work with other institutions in the region 6 EC/EU EIB EBRD ADB Support for EU policies in New Member States (NMS), Accession and Neighborhood countries Tools to influence policy reforms Large Grant funds available for NMS, and some for accession & neighborhood Focus on TEN T and its extensions(nms and accession) Support for EU transport policy in NMS, Accession and Neighborhood countries Focus on Trans European Networks and complements to EU funds Competitive loan pricing possibilities of sub sovereign financing w/o guarantee Support for Transition Economies Strong focus on private sector development, efficiency of transport utilities and climate change related investment Strong non recourse and sub sovereign financing Strong presence in Urban Transport Significant presence in Central Asia and South Caucasus Similarities with World Bank Important business development mode in the region Larger Capital available for Lending

7 Our Regional and Corporate Strategies support major role of the Bank in the Transport Sector 7 ECA Regional Strategy World Bank Transport Strategy & World Development Reports

8 Five Strategic Product Lines to Respond to Evolving Client Demand 8 Client Demand Deeper Integration with the European Union Strengthening Institutions 1. Regional Integration / Trade Facilitation 3. Urban Mobility and green growth Managing Transport Assets Strengthening Trade Links 2. Asset Management and safety 4. Local Access and Connectivity Improving Local Connectivity & Access Urban Mobility and Management Improving Road Safety Private Sector Participation Corporate Strategies 5. Sector Governance ECA Strategic Pillars Competitiveness Inclusion Climate Change Governance

9 Our Five Strategic Product Lines have Evolved from a Long Experience in the Region Regional Integration / Trade Facilitation 9 Asset Management and safety Urban Mobility Management and green growth Local Access and Connectivity Sector Governance

10 Our Market Structure Is Broadly Clustered Around Three Types of Demand 10 Investment / Financing BY UA UZ AZ KG AM TJ TK KZ MD SR MK AL MO BA KO HR GE TR RU RO BG PL Knowledge

11 11 Diverse Nature of Our Client Demand Predominantly Investment/Financing Driven Demand Predominantly Knowledge Driven Demand Mixed Demand Relatively large investment lending opportunities (middle income) sometimes constrained (low income) Investment lending can be leveraged to influence policy/institutions Room for collaboration with other IFIs High demand for sophisticated real time knowledge, and ability/willingness to pay Knowledge can still be bundled with financing as need are high Corporate strategy not to focus lending on highest income countries Important investment lending opportunities in few countries but constraints in some (e.g. debt limits) High demand for knowledge, but limited ability/willingness to pay for knowledge

12 Our Strategy Going Forward Regional Integration / Trade Facilitation Asset Management and safety Urban Mobility Management and green growth Demand for Financing Highways/Rail Investment Loan (IPF) Highways/Rail IPF Increased Focus Studies & Projects ESW, IPF Demand for Knowledge Services Rail/Highways Reimbursable (RAS) Rail/Highways RAS Safety (ESW, TA) Increased Focus RAS & ESW 12 Mixed Demand Highways/Rail/ Waterways/Ports Loans, studies Highways/Rail SIL, Sector studies (ESW) Increased Focus ESW, IPF, Results based loans (P4R) Local Access and Connectivity Targeted Focus Rural roads IPF, P4R Limited Focus Targeted Focus Rural roads IPF, P4R, ESW Sector Governance Embedded in: IPFs RAS, DPL, P4R Embedded in: IPF, ESW

13 Our Resource Requirements Reflect the Various Types of Client Demand 13 Strong technical skills with project management, and procurement Increased decentralization Bank budget Mix of technical and policy skills, project management Bank budget Policy, institutional and corporate management skills Requires flexibility in staff deployment