- January 22, 2021
ARLINGTON, January 21, 2021 – This week, Nathan’s US-Support for Economic Growth in Asia (US-SEGA) project led a virtual Strategic Financing for Infrastructure workshop in the Maldives, culminating more than two-years of US-SEGA technical assistance to the Government of Maldives under the Maldives Public Financial Management (PFM) Activity. The workshop saw high engagement from a range of key government counterparts including attendees the Maldives’ Ministry of National Planning, Housing and Infrastructure, the Ministry of Finance, the Ministry of Environment, the Capital Markets Development Authority, the Maldives Monetary Authority, the Local Government Authority, and Parliament. A key workstream of USAID’s US-SEGA program, the workshop highlighted a range of financing alternatives available for the Government of Maldives for strategic infrastructure projects, as well as their advantages and risks. The workshop, which included opening remarks from Shifaz Ali, Minister of State for National Planning Housing and Infrastructure, provided an outlook of international and local capital markets and the important role they play in light of the COVID-19 pandemic.
Sean Keogh, Nathan’s Vice President for Structured Finance and Investment led the workshop, presenting on the diverse investor base that the Government can attract for future investments, mitigating the risk of concentrating on single or few investors. Mr. Keogh was joined by Nathan’s Senior Public Private Partnerships (PPP) and Project Finance Expert, Rafael Enriquez, and Nathan’s Structured Finance and Investment Practice Associate, Katia Lvin, presenting on the important considerations for infrastructure project bankability and best practices for creating an enabling environment to support financing for strategic infrastructure projects and attracting private sector participation.
US-SEGA’s assistance delivering the workshop will help inform future Government of Maldives efforts to identify and evaluate viable financing alternatives for infrastructure investments, following international best practices. These efforts are critical as the Maldives approaches future infrastructure projects in the challenging COVID-19 pandemic effected economic environment.
US-SEGA’s technical assistance to the Government of Maldives under the Maldives Public Financial Management (PFM) Activity has been a two-year activity under which Nathan has worked to strengthen the Government of Maldives ability to strategically allocate public resources, particularly those relating to public investments and infrastructure.
To learn more about US-SEGA, contact Ann Katsiak (), US-SEGA Chief of Party.
Nathan is a private international economic and analytics consulting firm that works with government and commercial clients around the globe to deliver practical solutions and achieve lasting results. Whether building frameworks for economic growth or navigating regulatory hurdles, securing infrastructure financing or evaluating and assessing disputes, Nathan’s experts serve as trusted partners, offering clients the analysis, technical advice, and strategies they need for sound decision-making.
Known for both technical and service excellence, Nathan has corporate offices in the US, UK, and India and more than 40 program offices around the world. More information about Nathan can be found at nathaninc.com.
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