Project Preparation and Implementation Support Trust Fund
Year Established
2022
Cumulative Contributions Committed
$3 million
Project Commitments
Technical Assistance
$1.1 million for 2 TA projects
The Project Preparation and Implementation Support Trust Fund (PPISTF) is a single-donor trust fund that provides technical assistance grants for project preparation to nonsovereign and sovereign operations. The fund helps build a pipeline of well-prepared and technically sound investment projects and achieve full and timely project results for intended beneficiaries. It supports project readiness activities aimed to improve project preparation, including design and procurement readiness; helps developing member countries build a pipeline of well-prepared and technically and financially sound projects; and reduces start-up and implementation delays so that expected results are fully achieved on time.
News
21 Jun 2022
ADB and the OPEC Fund Launch Trust Fund to Improve Project Readiness in Developing Countries
The Project Preparation and Implementation Support Trust Fund (PPISTF) was launched in June 2022 in Vienna, Austria. The OPEC Fund for International Development committed $3 million to the PPISTF.