Within the framework of the SESRIC project titled “Increasing the Utilization of Innovative Financing Tools to Maintain Transport Infrastructure and the Services of TSPs in the OIC Member Countries”, which is funded by the Standing Committee for Economic and Commercial Cooperation of the Organization of the Islamic Cooperation (COMCEC) under the 10th Call for Project Proposals of COMCEC Project Funding, the Centre, in coordination and cooperation with the Ministry of Transport and Infrastructure of the Republic of Türkiye, organised a Field Visit on the “Implementation of Public-Private Partnerships (PPP) in Türkiye” on 03 November 2023 in Istanbul, Türkiye, within the framework of the Workshop on “Increasing the Utilization of Innovative Financing Tools to Maintain the Transport Infrastructure and the Services of TSPs”.

The aim of the field visit is to demonstrate a good example of a public-private partnership in Türkiye with the participants of the Workshop. The visit included the Eurasia Tunnel, which is a pertinent project to complement the topics covered during the Workshop.

The COMCEC Coordination Office introduced in 2013 the COMCEC Project Funding (CPF), a financing mechanism that funds projects submitted by the Member Countries and relevant OIC Institutions to realise the strategic objectives and outcomes of the COMCEC Strategy. The funding is provided in the form of a grant through the Development and Investment Bank of Türkiye, which is one of the main bodies in the COMCEC Project Funding scheme. Since the initiation of the CPF, SESRIC has implemented seven projects under various cooperation areas and in accordance with sectoral themes determined by the CCO. For more details about SESRIC projects funded by the COMCEC, please visit: https://www.sesric.org/tcd-activities-projects-funded.php