NOOR 2 – Lighting up PPPs

The GCC countries, mainly the United Arab Emirates and Saudi Arabia, have recently expanded their use of the PPP model outside the traditional utility, power and water, and oil and gas space and into the social infrastructure space. PPPs have proved to be a great tool to de-risk these replacement projects and maximise the potential for sustainable and cost-effective solutions over the long term. BySavio Tohme, head of PPP and concessions,Maxime Rousselet, technical project development manager,ENGIE Solutions Middle East, andRohit Balakrishnan, director, project and export finance, MENAP,Standard Chartered.