MDBs are partnering to provide a consistent set of tools for capacity building

A critical joint capacity development initiative involving the World Bank Institute, the IADB, and the ADB Institute is the Multilateral Public-Private Partnership in Infrastructure Capacity Development (MP3IC). The objective of the MP3IC is to develop and implement a learning program that is relevant for a globally diverse group of PPP practitioners. The MP3IC has focused on three important aspects of governance: the role of leadership and stakeholder involvement, the need for transparency and accountability, and the role of subnational and local governments in ensuring cost-effective delivery of infrastructure.

The future scope of the MP3IC program will emphasize modules and products that are cross-sectoral in nature for wider applicability. The modules will be suitably structured to address the breadth of political and administrative decision-makers as well as the deeper requirements of PPP practitioners and program managers. Potential training institutions in different regions will be identified to develop and deliver programs.