How we helped
Castalia evaluated all 24 projects supported by the facility. For operational projects, we determined whether they had been effective in achieving the Facility’s objectives, comparing available results for the projects against their targets. For projects that had been terminated, we examined whether the rate at which health PPPs progressed towards operational implementation or were terminated was materially different to the success rate of other PPPs. We found that the projects supported by the Facility which achieved implementation generally achieved HANSHEP objectives, while the project termination rate was in line with PPP transactions pursued by IFC in other sectors.