How to build investor confidence in the Middle East and North Africa

Jordan has successfully attracted over $3 billion for renewable energy PPPs by implementing upstream regulatory reforms, establishing a PPP Unit in 2013, and utilizing guarantees from the Ministry of Finance and support from MIGA. This approach led to a significant reduction in solar power costs from $0.169 per kWh in the first round of projects to $0.067 per kWh by the second round. The World Bank Group suggests this sequential model—prioritizing commercial finance, then upstream reforms, then risk-reduction funds—as a blueprint for reconstruction and development across the Middle East and North Africa.

• Jordan has utilized Public-Private Partnerships (PPPs) to deliver infrastructure, including power, wastewater treatment, and the Queen Alia International Airport, packaging $10 billion in PPP projects over the last decade.
• To support PPPs, Jordan implemented upstream reforms, which included the 2013 creation of a PPP Unit within the Ministry of Finance and the establishment of a regulatory framework.
• Jordan attracted more than $3 billion for renewable energy PPPs over three years, with MIGA providing backing for four solar projects (10MW to 20MW each) to help the country move away from public sector financing.
• The aggressive pursuit of private investors and international developers led to a drastic decrease in the price of solar power, falling from $0.169 per kWh in the first round to $0.067 per kWh by the second round.
• The World Bank Group advocates for a sequential financing approach: first assessing if commercial terms are possible, then supporting upstream reforms to create markets, and finally using public or concessional funds to reduce private investor risk.

APA

Honda, K. (2017). How to build investor confidence in the Middle East and North Africa. World Economic Forum. https://www.weforum.org/stories/energy-transition/how-to-build-investor-confidence-in-the-middle-east-and-north-africa/

Chicago

Honda, Keiko. How to build investor confidence in the Middle East and North Africa. World Economic Forum, 2017. https://www.weforum.org/stories/energy-transition/how-to-build-investor-confidence-in-the-middle-east-and-north-africa/.

Wikipedia

{{cite report |last1=Honda |first1=Keiko |title=How to build investor confidence in the Middle East and North Africa |publisher=World Economic Forum |date=17 May 2017 |url=https://www.weforum.org/stories/energy-transition/how-to-build-investor-confidence-in-the-middle-east-and-north-africa/ |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{honda2017how, author = {Honda, Keiko}, title = {{How to build investor confidence in the Middle East and North Africa}}, institution = {World Economic Forum}, year = {2017}, month = may, url = {https://www.weforum.org/stories/energy-transition/how-to-build-investor-confidence-in-the-middle-east-and-north-africa/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }