#8 An introduction to PIDG Technical Assistance
Many ‘first of its kind’ projects can’t get off the ground, despite their potential to create real impact. Particularly in low and middle income settings, infrastructure projects facing unusually high development costs may not be deemed financially viable. And that’s where PIDG Technical Assistance comes in, to bridge the financing gap and meet a range of needs associated with the infrastructure project development cycle.
In this episode members of the PIDG TA team explain why technical assistance is needed and how it works both on the government and project side. And they explore three projects that have benefited from PIDG TA; The Nairobi Streets Lighting Project, Pakistan K-Electric and Bonergie Irrigation Phase II.
To find out more about PIDG’s approach to technical assistance, visit our website.
As we reflect on 2021, we see that despite the pandemic-induced challenges of the last two years, amazing developments have been made in providing infrastructure to those who need it most. In this current global climate, PIDG’s mission is more relevant today than when it was first established. And with 19 projects closed last year, and a continued commitment to the SDGs, progress is not slowing down.
As governments come under fire over a lack of action on climate change, it’s becoming increasingly clear that words are not enough. At PIDG we take our role in climate action seriously - it’s a major consideration in every single investment and operation decision we make. Lower income countries, those that PIDG operates in, may produce the least carbon emissions, but they’re the hardest hit by climate change. So how do we ensure investment is directed where it’s needed most?
Kenya is a crucible of innovation within East Africa. PIDG companies have been based in Kenya’s capital, Nairobi, for more than five years, and are helping to pioneer new infrastructure asset classes and private sector investment opportunities.
2020 was a year like no other, one which could only be navigated with fortitude and quick action. As we launch our annual review, it’s clear that amid this pandemic the company’s work in providing infrastructure to the world’s most fragile communities has never been more critical.